Start Over - Options Trading

Updated: 19 July, 2021 seen 138

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!