Welcome options traders, I hope you had a great Holiday!
Here comes my brief recap of our December options trades
The last December, we did a total of 66 trades / from which most were covered calls and credit spreads. Also, we rolled forward a few trades from the previous months.
In total, we managed to take $160 from options income during the month of December, which is well below what we excepted ($500)
Market volatility and a few bad trades are to blame.
We did a few debit trades, as we got troubled with Pfizer stock, as the stock surged we decided to enjoy the ride and rolled up a few call options, which was somehow a little bit costly, but we hope it will pay us back in future months.
Dividend income
Our dividend income portfolio’s value now is $28186 (+$2,764), and it generates about $77.88 (+$5.53) in monthly dividend income. The current annual yield is about 3.32%
Here are all of our holdings (as of December 31, 2021)
On the last days of December, I sold of AAPL and HPE shares to decrease a negative cash balance and avoid a possible margin call in my brokerage account
Trading plan for January 2022 (Option trades & Stock Buys)
I’m looking to keep decreasing my negative cash balance and currently, there are no plans on new stock buys.
From covered calls/credit spreads - we are looking to take ~ $200 during the month of January.
Subscriptions
At the end of December, we had
114 email subscribers (+15) for Covered Calls with Reinis Fischer newsletter
6 paying subscribers (-1) (for as low as $9/mo subscribers get access to extra content 1-2 per week)
60 subscribers (+4) for the YouTube channel.
88 subscribers to the Instagram