Start Over - Options Trading

Updated: 19 July, 2021 seen 150
option trading Investments

On Monday, July 19, 2021, I decided to close all my existing positions with LYNX Broker (Interactive Brokers) and start fresh. 

After closing all positions and selling off all stock I was left with little more than EUR 8,000

I decided to start over by selling credit spreads on a few select stocks and from the premium to buy dividend stocks (preferably dividend aristocrat stocks)

My first new trade was with FCEL, where I sold 5 credit spreads, collected some $181, and from the premium bought 5 shared with Pfizer. 

For the future, I'm looking to have fewer trades, but larger lot sizes, ideally it would be 1-2 trades per week, setting aside $3-6K per trade

All trades will be shared at coveredcalls.reinisfischer.com

Trade safe!

about

Hi! My name is Reinis Fischer (38). Dad, husband, options trader, dividend income investor, crypto hedge fund manager, drone enthusiast, world traveler, photographer, and passionate lover of Georgian cuisine (vegetarian). 

If you're looking to diversify your investment portfolio and explore the exciting world of cryptocurrency, be sure to check out my crypto hedge fund for opportunities that align with your financial goals