10. Week #3 Begins

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


  • Trades today
    • SOLD -1 IBM 21 APR 23 124 PUT @1.34

Today In Review

Today I was in a rush but had 5 minutes to look around. In that time I quickly analyzed three stocks: ASML, ENPH, and IBM – executing a trade on IBM.


ASML was flagged by the AI in a bullish short term pattern. I analyzed the price cloud and saw this for the 14 day projection:

I immediately had three concerns:

  1. The price could drop out in a few says
  2. There wasn’t a convincing upside long term
  3. At ~$666 a share, this would lock up an enormous portion of my capital

For these reasons I passed on an ASML trade at this time.


Next I looked at ENPH. In a similar way, ENPH was flagged as bullish but in this case it did show a potential long term uptrend in the 14 day:

This seemed positive. However, when I checked out the option chain it was just much too low of a premium given what else is out there:

I was uninterested in locking up over $21k for a week just for a $0.50 premium. Therefore I passed on the trade.


Third up was IBM. Unlike the other stocks this one was not nearly as bullish from the AI:

However I was itching to make a trade and running short on time. One thing I did notice though was that the premiums seemed fairly high compared to the stock price. Additionally, the AI seemed to indicate this week was fairly stable around the $124 mark. I decided to give it a whirl, and wrote a put at that strike for a cool $1.34 premium

Portfolio Standings

Portfolio Value (Open)$ 101,743.00 
Portfolio Value (Close)$ 101,877.00 
Change (Day)0.13%
Change (Tot)1.88%
Buying Power (Close)$ 54,600
Trades Made Today1
Monday, 17 April 2023 Report

Closing Thoughts

Reminded yet again today that 5-10 minutes a day is not a lot of time to make significant financial decisions. Having an AI co-pilot is the only way this is remotely possible for me. Later this week I will revisit the usual suspects (TSLA, NFLX, so on) with my remaining capital if there are no additional picks.

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