Investments Trade Log

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giskard
Posts: 181
Joined: Sat Apr 30, 2016 12:07 pm

Re: Investments Trade Log

Post by giskard »

Trading updates:

- Palantir LEAPS are really paying off. May exit the 2022 leaps since they are already up 100% in a couple of weeks, but planning to keep the 2023 leaps for at least a year to get LT cap gains.
- Crytpo continues to run, not adding any more here but did get some limit orders filled last week below current range.
- Getting destroyed on my gold mining positions, but holding in for the long term. Almost back to even overall after pyramiding up my positions over the summer. Very concerned gold will continue to get pummeled and we see real deflation showing up. Vaccine news is killing gold as well, although I think people are overestimating how soon the reopening will happen. I might nibble a little more on the miners if we get a huge selloff but trying not add more exposure to them.
- Continue to run the wheel on Slack (WORK)

Flurry
Posts: 63
Joined: Tue Oct 27, 2020 1:30 am
Location: Vienna, Austria

Re: Investments Trade Log

Post by Flurry »

I hold a bond ETF (Global Aggregate Bond hedged to EUR, 0,1% expense ratio) now and I don't know why I don't just hold cash. Weird times for investing in high-quality bonds. I just hope that interest rates will to continue to fall.

giskard
Posts: 181
Joined: Sat Apr 30, 2016 12:07 pm

Re: Investments Trade Log

Post by giskard »

Trading updates

- Sold some smaller more speculative gold miner positions
- Sold more puts on the larger miners
- Sold some expensive tech company stocks
- Sold some of the Palantir LEAPS, still holding the 2023 ones.
- Bought some emerging market ETFs
- Bought more bitcoin

Next up

- If Palantir stops dropping 10% a day sell some puts against it.
- Sell more puts against gold & copper miners
- Probably will sell my WORK stock since I don't want to wait for the Salesforce acquisition to close

Lucky C
Posts: 669
Joined: Sat Apr 16, 2016 6:09 am

Re: Investments Trade Log

Post by Lucky C »

I don't think the next month or two is going to be so great for equities in general.

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Lemur
Posts: 899
Joined: Sun Jun 12, 2016 1:40 am

Re: Investments Trade Log

Post by Lemur »

Added position in QS. https://finance.yahoo.com/quote/QS?p=QS&.tsrc=fin-srch Could not shake off the itch to get in the EV battery market. Decided to go with this one by shaving off some gains in PEP and V. Figured today was a good day since the stock was down 10% with the rest of the market. This position represents 3% of my portfolio.

High-level info: https://www.theverge.com/2020/12/8/2215 ... -charge-vw

2Birds1Stone
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Joined: Thu Nov 19, 2015 11:20 am
Location: Earth

Re: Investments Trade Log

Post by 2Birds1Stone »

Lemur wrote:
Thu Dec 10, 2020 10:18 am
Figured today was a good day since the stock was down 10% with the rest of the market. This position represents 3% of my portfolio.

High-level info: https://www.theverge.com/2020/12/8/2215 ... -charge-vw
It's also up 500% in the past month.

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Lemur
Posts: 899
Joined: Sun Jun 12, 2016 1:40 am

Re: Investments Trade Log

Post by Lemur »

@2Birds1Stone

Unsure if this will be one I hold long-term. I did a similar strategy with PLUG. It is more about taking advantage of short-term run-ups and pumps. I gained a good premium today on a covered call too on the position. (I may just in fact sell weekly CC's on $85).

Just like tech was all the rage post-covid, the EV battery market is the new pump...calculated risk taking is the name of the game.

I do wonder though why I just don't buy LEAPS.

Edit: One more thing...I wouldn't say what I'm doing is necessarily a strategy. It is more of gambles and hunches. But what I do know is that EV battery market is all the rage right now...and if there is solids dips...short-term profit is easier.

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Lemur
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Joined: Sun Jun 12, 2016 1:40 am

Re: Investments Trade Log

Post by Lemur »

@2Birds1Stone

Well that went well lol

Image

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Lemur
Posts: 899
Joined: Sun Jun 12, 2016 1:40 am

Re: Investments Trade Log

Post by Lemur »

Some trades for this week: Will be setting up weekly CC's on QS. Already trying to recover from that :/ luckily IV is high.

Been a while since I've "run the wheel" on a stock but I think PLTR is the perfect stock to do this on right now for various reasons...

Here is an option trade I am looking to set-up Monday Morning.

Trade: 8 Cash-Secured Puts
Stock: PLTR
Expiration Date: Jan 15, 2021
DTE: ~30 days
Strike: $24.00
Delta: -0.2939
Put Option Value: ~2.00 (Subject to change Monday Morning)
IV: 122.95%

PLTR has a lot of bullish sentiment and also a lot of hype...The high IV will give a good premium. I specifically choose the 30-45 day range for CSPs because of Theta. I usually look to close out the trade a 50% profit so if the stock has a run-up next week it looks like I may be able to quickly close out. Additionally, I'm thinking we're going to have a green week due to the Vaccine authorization.

ertyu
Posts: 1520
Joined: Sun Nov 13, 2016 2:31 am

Re: Investments Trade Log

Post by ertyu »

if you're theta-harvesting wouldn't it make more sense to sell 4 weeklies as opposed to 1 monthly. or am i missing something

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Lemur
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Joined: Sun Jun 12, 2016 1:40 am

Re: Investments Trade Log

Post by Lemur »

@ertyu

Perhaps. To achieve the same ~0.30 Delta I would have to go with a higher stock price. Stocks that have higher IV also are more volatile and if I'm trying to avoid assignment to repeat the CSP, then I would more likely want to go with a monthly to help manage my position better.

Edit: Executed 8 CSPs on PLTR this morning for Jan-15-2021 @ $25.00 strike price. Premium $2.65. I've a 'buy to close' pending at $1.30 to close out. @ertyu I guess this is another benefit as well for doing a monthly is I don't have to be as active as doing a weekly. I could more 'sit back and wait' and just wait for the email notification if my order executes.
Last edited by Lemur on Mon Dec 14, 2020 9:42 am, edited 1 time in total.

Alphaville
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Location: Quarantined

Re: Investments Trade Log

Post by Alphaville »

does anyone here currently dabble in the forex trade?

ertyu
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Joined: Sun Nov 13, 2016 2:31 am

Re: Investments Trade Log

Post by ertyu »

I do, kind of. Not on a daily basis, but I do make an active choice about whether to keep my cash in euro or in usd. it's now in euro, and i plan to keep it there. i will re-evaluate mid-january.

Lucky C
Posts: 669
Joined: Sat Apr 16, 2016 6:09 am

Re: Investments Trade Log

Post by Lucky C »

No FOREX for me because I see it as worse than a zero sum game even ignoring fees and taxes, since inflation being positive on average would erode the value of all currencies over time. So in my view, your FOREX edge would have to be pretty high to not only have an expected return above inflation but also above the positive expected return you can get with other asset classes. Comparatively, gold should theoretically match inflation over the very long term, so trading gold is at least a zero sum game after inflation if it turns out you don't have an edge, ignoring taxes and fees.

2Birds1Stone
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Location: Earth

Re: Investments Trade Log

Post by 2Birds1Stone »

Lemur wrote:
Sun Dec 13, 2020 11:03 am
Well that went well lol
Saw it at $60 today.

This is why I don't have the risk tolerance for individual stocks like some of you folks.

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Lemur
Posts: 899
Joined: Sun Jun 12, 2016 1:40 am

Re: Investments Trade Log

Post by Lemur »

@2Birds1Stone

All good though. QS is only 3% of my portfolio. Tis but a scratch :lol: but managing cost basis using weekly covered calls till I'm back in the green. This will take great patience because it appears I bought this thing right at the top before a correction. Its really funny how I found this stock...determined this may be a good long-term hold, bought, then you come in "Lemur this thing is up 500% in the past month". I was thinking "umm that is a good point" then it falls the very next day lol. I'm at $68.60 cost basis (bought all my shares right on $70.00) so hopefully it will start to come back up.

Alphaville
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Re: Investments Trade Log

Post by Alphaville »

Lucky C wrote:
Wed Dec 16, 2020 10:20 am
No FOREX for me because I see it as worse than a zero sum game even ignoring fees and taxes, since inflation being positive on average would erode the value of all currencies over time. So in my view, your FOREX edge would have to be pretty high to not only have an expected return above inflation but also above the positive expected return you can get with other asset classes. Comparatively, gold should theoretically match inflation over the very long term, so trading gold is at least a zero sum game after inflation if it turns out you don't have an edge, ignoring taxes and fees.
oh, i see your point about inflation, yeah, but i didn't mean forex as a store of value for the long-term future (investment)-- just as pure speculative trade (day trade or swing trade) either for profit or education.

Lucky C
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Joined: Sat Apr 16, 2016 6:09 am

Re: Investments Trade Log

Post by Lucky C »

Based on the direction this thread has gone this year, perhaps there should be a new thread titled Speculation Trade Log instead :)

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Lemur
Posts: 899
Joined: Sun Jun 12, 2016 1:40 am

Re: Investments Trade Log

Post by Lemur »

@Lucky C

I was actually thinking of something along those lines...thought about having an options trade log. Speculative bets and options strategies have there place IMO.

Alphaville
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Location: Quarantined

Re: Investments Trade Log

Post by Alphaville »

Lucky C wrote:
Thu Dec 17, 2020 10:19 am
Based on the direction this thread has gone this year, perhaps there should be a new thread titled Speculation Trade Log instead :)
yeah, my long term investments are in a pension fund i can't touch. i find the idea of trading for retirement a bit risqué. but trading for profit, different story :D

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