-

            

Popular posts from this blog

-
Image
  Hi readers! This is currently my portfolio. Currently, I am learning how to trade options, and I am using an online trading simulator for options and stocks, called TradeStation. As shown in the picture, I have a call ratio spread on for SPDR, and a put ratio spread on for QQQ. Both of these spreads are set to expire on July 28th. As of right now, both spreads are Out of the Money (OTM). Both spreads are losing money right now. I am surprised, as one week after I made these spreads, both spreads were in the money and profiting. Right now, I have to do something to increase my deltas for both spreads, as both stocks went up. I am thinking of buying some call options to increase my deltas. I can also purchase short puts instead. Also, currently my portfolio has $2,030,512 in cash.  In the next post, I will be talking about that spread. Thanks! 
Read more

3/10/2024 - Weekly Recap + Market Predictions

-
Image
Hi Readers, I hope you are doing well! In this post, I will be covering what my account has been looking like over the past week. Since my positions did not change much over this past week, I will also include the market predictions for the next week in this post as well. I hope you enjoy! WEEKLY RECAP: Monday and Tuesday: I did not trade or make any adjustments on my account Wednesday: I entered a Long QQQ ATM Straddle 10 times in the April 5 expiration date. At the time of purchasing the spread, QQ was near $441, so I purchased the straddle at a $441 strike price. On Wednesday, QQQ was at its high for the day when I purchased the straddles, and for the rest of the day (after I purchased the straddles), QQQ proceeded to go down all the way to around $438, where it ended the day. So, the puts were most likely in the money then. Thursday: I did not trade or make any adjustments on my account. However, on this day, QQQ made a huge spike up, and ended the day at around $446.  Friday: ...
Read more