Shares & Derivatives
October 2015 Portfolio
By Investing Wolf  •  October 19, 2015
Month of October This month’s numbers was mixed up with the September post because that post was done later than expected. But nonetheless the overall effect is the same. The direction of market these few weeks are quite volatile without a clear uptrend or downtrend. So basically it’s a wait and see type of market. Stocks I have been selling weekly stock options as a means to get some money when I have no idea where the market will be heading. Apple seems like a cool option to be looking into with big open interest and an acceptable premium. While it seems like a good idea, one must always take note on what the worst case scenario can be (like having too many contracts without sufficient margin to hold those contracts). Using this method
Net Asset Value
December 31, 2014 September 23, 2015
Total Long Short Total Change
Cash 3,840.72  8,955.55 0 8,955.55 5,114.83
Stock 7,429.46 0 0 0 -7429.46
Options 0 0 -73.06 -73.06 -73.06
Interest Accruals 0 0 0 0 0
Total 11,270.18 8,955.55 -73.06 8,882.49 -2,387.69
Time Weighted Rate of Return -21.19%
Open Positions
Symbol Quantity Cost Price Cost Basis Close Price Value Unrealized P/L
Equity and Index Options
NFLX 23OCT15 93.0 P -1 0.9590452 -95.9 0.7306 -73.06 22.84
Total -95.9 -73.06 22.84
Here are the contracts which I have done since 25th Aug......
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By Investing Wolf
Many people have hopes and dreams of being financially free or being able to retire early. But few people actually set out to learn how to be. Fewer still are those who eventually take action. It all started with a thought. The thought of not having to work for a living ignited my interest towards the financial world ...
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