Friday, September 2, 2016

What a great day!

Its a bonafide month since I took over my accounts and I am happy with the results, the Buffet style piggy back account has so far yielded 4k profit and the IRA another 2k.
These are the relatively safe 25 delta trades a week out. The other accounts are quiet for now,I have a covered call going and another with cash secured puts on a higher IV stock and the final account is flat with a minor loss.
I tried a UVXY stunt without completely understanding the effect of contango, luckily i closed the position the very next day for around a 50$ loss.

Meanwhile around the world, jobs miss, crude up a dollar to 44.27, banking and finance up big, Trump nibbles at Clinton's lead with a splash in Mexico City.

Say hi to my new favorite (for the time being at least) the 232 year old Bank of New York Mellon (BK), lovin' it so far.