40. Week 17 – Real Life Busy Sneaking Up On Me

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 Monday 24 July
    • None
  • Trades Tuesday 25 July
    • None
  • Trades Wednesday 126 July
    • None
  • Trades Thursday 27 July
    • SOLD 1 ENPH 28 JULY 23 182.5 CALL @3.70
    • SOLD 1 CAR 4 AUG 23 197.5 CALL @2.3
  • Trades Friday 28 July
    • EXPIRED 1 ENPH 182.5 CALL

Week In Review

This week I got pretty busy in real life with my day job and wasn’t able to pay much attention to the markets. The next few weeks honestly looks like that as well so I’m unsure how much trading volume I’ll be able to accumulate.

I didn’t really get a chance to look at things until Thursday, at which point most of the interested weekly earnings had passed and with it the volatility. The AI did flag CAR for next week. It wasn’t super confident but I wanted to trade something. So while trading at $219 I wrote a put at %197.5 for a $2.30 premium. By end of the day Friday that premium had already dropped to about $1, so I may just close that out Monday morning.

I also found interestingly a relatively large premium on an ENPH call. On Thursday ENPH was in a downtrend and trading at $167. But for a 1 DTE someone was willing to pay $3.70 for a call at $182.50. That was too much to resist, so I took that quite easily.

Portfolio Standings

Portfolio Value (Open) (M)$ 109,275.00
Portfolio Value (Close) (F)$ 107,527.00
Change (M-F)( 1.60 ) %
Change (Tot)7.53 %
Free Cash (Close)$ 72,344.00 
Escrowed Cash (Close)$ 19,750.00 
Equities (Close)$ 15,433.00 
Trades Made (M-F)2
Friday, 28 July 2023 Report

Closing Thought

Yet again the big drop in my portfolio was due to ENPH losing ~$20 in value per share this week. I’ll continue to write large premium calls against it until I can finally dump it at a local maximum.

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