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 25
th Aug......