DISCLAIMER: This is a simulated educational exercise using paper trading fake money. This is not investment advice and is not intended to be copied.

TLDR

• Trades today
  • None
• Expirations today:
  • 1 PUT NFLX
  • 1 PUT AXP
  • 1 PUT TEAM
  • 1 PUT IBM
• Some very close calls but no executions!

Today In Review

What a rush!

As mentioned in yesterday’s post, today was mostly a “sit on my hands and wait” type of day. With 4 contracts / 80% of my capital due to expire today, it was a matter of seeing what would happen.

Luckily all 4 expired even though 2 were ITM and the other 2 were almost ATM. The large premiums really did save me here. So while I didn’t actively trade today, it certainly caused a lot of portfolio movement and a decent amount of stress as well.

I am very excited for next week. I did peek at the AI today and noticed it flagging quite a few newcomers. Hopefully that wasn’t just a blip and I have some fun new experiences on Monday with the full force of my capital available.

Portfolio Standings

Portfolio Value (Open)	$ 102,006.00
Portfolio Value (Close)	$ 102,006.00
Change (Day)	–
Change (Tot)	2.01%
Buying Power (Close)	$ 100,000
Trades Made Today	0 (4 expirations)

Closing Thoughts

An extra dollar or two of drop today could have totally changed up my strategy for next week. I do feel relieved to have all my cash back, but it would have been fun to play with some calls. Who knows, maybe next week with more time I’ll give it a go anyway.