Blog Archive: March 2023
An ex-pat living in Georgia since 2011, I trade stocks, take photographs, work out at the gym, and many more. Here I write about travel, finance, and other things that might interest me.
Latest articles
Spring Break in Latvia
If you're looking for a unique and unforgettable Spring Break experience, Latvia might just be the perfect destination for you. With its rich history, breathtaking landscapes, and lively cities, Latvia offers a one-of-a-kind vacation that will leave you with memories to last a lifetime. One of the highlights of any trip to Latvia is exploring the western part of the country, which is known for its stunning natural scenery and outdoor activities…
Mansard Waterfall Rumbas Guest House in Kuldīga
Located in Kuldīga, Rumbas has accommodations with city views, free WiFi, and free private parking. The property has river and garden views, plus is a 5-minute walk from the Art gallery of Artists Residence. The property is located next to the Venta Rapid and the old brick bridge of Kuldīga We booked a nice 3-bedroom apartment for a 3-night stay at the end of March 2023 and paid about EUR 390. we just needed a nice place to stay while I was…
3 Trades to Generate $165 - $350/mo Selling Cash-Secured Put Options
For a long time, I couldn't find the answer to the question - to write cash-secured puts or write covered calls? Now, it seems I have found the answer. I like them both but prefer entering a trade with a cash-secured put. Thus getting a better entry price and collecting a premium upfront. Great for income-hungry investors. In this article, I decided to take a look at 3 stock names I actually trade options with AMZN, BAC, and INTC. All but,…
How To Adjust Covered Call Options on Crypto
Adjusting a covered call on crypto is similar to adjusting a covered call on any other asset. A covered call is a popular options trading strategy where an investor holds a long position in an asset and sells a call option on that same asset to generate income. If the underlying asset is a cryptocurrency, the same principles apply, but there are a few additional factors to consider. On March 10, 2023, I established a covered call position with…
The Cost-Saving Way to Build a Frame House in Latvia: Our DIY Project (Screw Foundation Piles)
Welcome to another interesting blog topic series - Frame house, where I'm going to share almost in real-time our endeavors of building a small 60m2 1-storey holiday house in Latvia. I decided to build it myself as much as I can, hiring only local people to help with lifting, digging and similar work. The labor cost and services can add a lot, especially in Latvia. For the below described works I spent about EUR 2,000 and two days in March…
Week #15 Ethereum Options Trading Results (+0.0062 ETH)
At the end of the week, the total value of our Ethereum / EUR portfolio was worth $1,531.35, which is about 15.31% of my $10,000 goal. Nevertheless, last week's portfolio gained +0.73% of its value. In dollar terms, we gained +$25.69. One of our short-term goals is to grow the portfolio back to its all-time high of $1,802, which was recorded at the start of January Total ETH available: 0.6839 (Margin balance: 0.7320). There is about 0.0481 ETH…
Crypto Options Trading: Strike price, expiration date, and premium
Recorded, edited, and uploaded already the fourth video for Options Trading Academy - It's planned to feature about 24 such videos for a full Crypto Options Trading Course In this video lesson, I'm sharing my actual trading screen from the Deribit trading platform to discuss options premium, strike, and expiry dates. interested to learn more about trading crypto options? Enroll in Crypto Options Trading Course now!
How To Adjust Call Bear Spread
A call bear spread is a popular options trading strategy used by investors who believe that the price of an underlying asset will decrease. The strategy involves buying a call option with a higher strike price and simultaneously selling a call option with a lower strike price. A call bear spread might be also a part of the iron condor, with the opposite side being a bull put spread. I trade call bear spreads either as part of an iron condor or…
Latest Stock Buy: Bought 2 AMZN shares at $94.74
On March 7th, 2023, we bought an additional 2 shares of Amazon (NASDAQ: AMZN) stock, paying $94.74 per share for our Partnership Fund. We are now holding 19 shares of AMZN in our Partnership Fund portfolio Using dollar-cost averaging our average cost per AMZN share is $105.02 81 shares to go once we will be able to start selling covered calls and generate extra income from AMZN stock. At the current investment speed (2 shares per month) we…
Week #14 Ethereum Options Trading Results (+0.0117 ETH)
At the end of the week, the total value of our Ethereum / EUR portfolio was worth $1,505.55, which is 15.05% of our $10,000 goal. Nevertheless, last week's portfolio gained +12.16% of its value. In dollar terms, we gained +$163. Total ETH available: 0.6894 (Margin balance: 0.7629). There is about 0.0735 ETH available to be gained from the current, open options trades At the moment, there are 2 put and 1 call options opened with the following…
Armenia's Emerging Tech Scene: The Country's Innovation and Entrepreneurship
At the start of 2023, I helped as a hiring manager for a country manager role in Armenia for a translation company from neighboring Georgia. It was an interesting expieriece, dealing with candidates, having online interviews over Google Meet, and finaly conduction face-to-face interviews in Yerevan. In this article I decided to take a closer look on overall tech sector in Armenia Armenia is a country that has been in the shadows of its larger…
Bank Stocks Beaten Down: Is Selling Put Options on Bank of America Stock a Good Idea?
With bank stocks beaten down, after SVB bank closure in the US, investors are starting to take notice of the potential opportunity to buy in at a lower price. Bank of America, one of the largest banks in the US, has faced significant headwinds due to low-interest rates and increased competition from fintech companies. However, with the US economy gradually recovering from the COVID-19 pandemic, there may be potential for Bank of America to…
Differences between crypto options trading and other forms of crypto trading
Recorded, edited, and uploaded already the second video for Options Trading Academy - It's planned to feature about 24 such videos for a full Crypto Options Trading Course Welcome back to our online course where we learn about all things related to trading and investing in cryptocurrency. In today’s video, we’ll be discussing the differences between crypto options trading and other forms of crypto trading. Whether you’re an experienced trader…
Week #13 Ethereum Options Trading Results (-0.0672 ETH)
Last week turned out very bad, our put side spreads ended in the money, and we booked a loss of -0.0672 ETH at the end of the week. The loss could be avoided if I would choose to close all trades before the expiry, or even when the strike price of $1,450 was touched. I left the emotions to come in and didn't adjust. Now, the price we are paying is quite high. At the end of the week, the total value of our crypto portfolio was worth $1,342.42,…
How To Sell Weekly Iron Condor Strategy with Crypto
Selling a weekly Iron Condor strategy with cryptocurrencies involves creating a combination of options positions that generate a net credit. The Iron Condor is a popular strategy in options trading that involves selling two credit spreads simultaneously, a call credit spread and a put credit spread, with the same expiration date.For the past few weeks, I have been playing out with the idea of selling weekly iron condors on crypto, to test my…