Volatility in markets continue
Not a bad month but because February is kind of short I was not able to make too much.
I mostly sell put and call spreads being fairly conservative with my Deltas and $2045 represents about 0.5% of my portfolio size.
About half of this month’s profit or $1,046 comes from the net credit I’ve earned through my Alphabet options challenge.
I’ve recently sold some stock in order to free up some margin space.
With economic conditions getting worse I think there may be another leg down in the stock market in the next few months.
By selling some shares and paying back some margin debt I am able to use more buying power for short term option trades.
It also creates a buffer so my margin requirement remains healthy in case stocks drop a lot more. 🙂
Random Useless Fact:
The hottest something can get in a microwave is 100°C or the boiling point of water.