Options Trading: A Recap of My Recent Trades T,SOUN,HOOD

 Let's break down the options  trades for this week.

$T $23 Call (12/27)

I sold a call option for $T with a strike price of $23, expiring on 12/27. Although I got assigned, it was a calculated move. The share price was at $22.86, and I still managed to pocket a premium of $40. This trade highlighted the importance of being prepared for assignment and the value of collecting premiums along the way.I wanted to own ATT shares before the exdividend date.

$SOUN $17.5 Put (12/27)

I sold a put option for $SOUN with a strike price of $17.5, also expiring on 12/27. The best part? It expired worthless. This meant I didn't have to buy the shares, and I kept the entire premium of $45. This trade reaffirmed the potential of selling put options in a bullish market.

$SOUN $18.5 Put (12/27)

Similarly, I sold another put option for $SOUN with a strike price of $18.5, expiring on 12/27. Once again, it expired worthless, allowing me to keep the premium of $68. Consistency is key in options trading, and this trade was a testament to that.

$HOOD $36 Put (12/27)

The last trade in this series was a put option for $HOOD with a strike price of $36, expiring on 12/27. It expired worthless too, and I kept the premium of $46. This trade reinforced the strategy of selling puts when the market sentiment aligns.

Conclusion

These trades demonstrated the potential benefits of selling options and highlighted the importance of timing and market sentiment. By carefully selecting strike prices and expiration dates, I managed to earn premiums and minimize risk. As with any trading strategy, it's crucial to stay informed and adapt to market conditions.

Happy trading!

Turning $29 into $520: My Profitable GOOGL Call Trade

Recently, I made a profitable  trade on the GOOGL $190 Call (exp. 12/20/2024). Here's the breakdown:

• Entry: On 11/25/2024, I purchased 1 contract for $0.29 ($29 total).
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• Exit: On 12/16/2024, I sold the contract for $5.20 ($520 total).
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This resulted in a net profit of $490.94, an impressive return of ~1600% in under three weeks.

Why It Worked

1. Strategic Entry: I entered the trade at a low premium, capitalizing on favorable market conditions.
2. Momentum Timing: As GOOGL's price moved closer to the strike, the contract’s value soared, allowing me to sell at the peak.
3. Disciplined Exit: Instead of holding for even more potential gains, I locked in profits, staying true to my risk management strategy.

Lessons Learned

• Small investments can yield significant returns if you identify the right opportunities.
• Timing matters, but having a clear exit strategy is crucial for maximizing profits.
• Always manage risk—profit is only realized when you close the trade.

This trade exemplifies the potential of options trading when you combine research, strategy, and discipline. Looking ahead, I’m eager to find similar opportunities.

What trades have you recently closed with success? Let’s share and grow together in the comments!

Weekly Dividend Recap (Dec 12-16, 2024) – $409.46 in Passive Income

 

ntroduction

Another solid week of dividends rolled in between December 12th and December 16th. From consistent dividend powerhouses like SCHD and Home Depot (HD) to utilities and consumer staples, this week’s passive income is proof that steady investing delivers results. Let’s break down the dividends received, key insights, and how this week fits into my broader financial journey.

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1. Weekly Dividend Breakdown (Dec 12-16)

Date	Stock	Dividends Received
12-Dec	HD	$89.43
12-Dec	ADM	$11.76
12-Dec	MMM	$44.81
13-Dec	FLO	$40.22
16-Dec	SCHD	$126.67
16-Dec	HSY	$45.11
16-Dec	ED	$47.45
16-Dec	GOOG	$4.01

Total Dividends (Dec 12-16): $409.46

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2. Key Highlights

1. SCHD Leads the Charge

   • With a payout of $126.67, SCHD remains the MVP this week.
   • This ETF blends strong dividend yield and growth, making it a key holding in my portfolio.

2. Home Depot (HD): Solid Returns

   • HD contributed $89.43 this week, reaffirming its place as a reliable dividend grower.
   • Investing in quality businesses with increasing dividends ensures sustainable income.

3. Utility & Consumer Staples Strength

   • ED (Consolidated Edison): $47.45 – Utility dividends provide consistent stability.
   • HSY (Hershey): $45.11 – Consumer staples continue to deliver sweet payouts.
   • FLO (Flowers Foods): $40.22 – A great example of smaller, consistent payers that add up.

4. A Tech Dividend Surprise

   • GOOG paid out $4.01 – a small, but notable dividend from big tech. This is a sign of changing shareholder priorities as tech giants explore dividends.

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3. Key Takeaways

• Weekly Passive Income Works: Receiving $409.46 in just one week highlights the benefits of a well-diversified dividend strategy.
• Sector Diversification: This week’s dividends came from ETFs, consumer staples, utilities, industrials, and even tech. Diversification reduces risk and smoothens income.
• Consistency is Key: Smaller payouts like ADM ($11.76) and GOOG ($4.01) may seem minor, but they contribute to the bigger picture.

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4. Looking Ahead

This week’s dividends are reinvested to fuel further growth. Weekly payouts like these remind me why I focus on dividend growth investing: consistency, stability, and a growing passive income stream.

As I head into the final weeks of December, the snowball keeps rolling stronger!

Deep Dive into My November and December 2024 Investments

 

Introduction

In November and December 2024, my investment journey has been characterized by consistent dollar-cost averaging (DCA), strategic reinvestments, and diversification into high-quality assets. From NVIDIA (NVDA) to Texas Pacific Land (TPL) and Schwab US Dividend Equity ETF (SCHD), my portfolio reflects a commitment to growth and stability. Here’s a detailed breakdown of my approach, transactions, and the key takeaways.

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1. Dollar-Cost Averaging with NVIDIA (NVDA)

Over the past two months, I made 26 recurring purchases of NVIDIA, showcasing a disciplined DCA strategy. These investments ranged from $25 to $40 per transaction, enabling me to consistently accumulate shares regardless of market fluctuations.

• Average Purchase Price: Around $142.50 per share
• Total Spent on NVIDIA: Approximately $1,000
• Shares Accumulated: ~7 shares

Why NVIDIA? As a leader in AI, gaming, and data centers, NVIDIA continues to be a cornerstone in the tech industry. DCAing into such a high-growth stock aligns with my long-term growth strategy.

Insight: The consistent small investments have minimized risk while maximizing the potential upside in a volatile sector.

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2. Dividend Reinvestment and Stability with SCHD and TPL

Apart from growth, my portfolio emphasizes dividend reinvestment for compounding returns.

• SCHD (Schwab US Dividend Equity ETF):
  A single transaction of $22.91 bought 0.79 shares at $28.96 per share. SCHD offers a balanced dividend yield and exposure to blue-chip companies.

• TPL (Texas Pacific Land):
  Two transactions totaling $91.24 added 0.058 shares of this high-value stock. TPL aligns with my interest in energy and land management, a sector that benefits from rising commodity prices.

Insight: These investments fortify my portfolio with stable cash flow and diversification across sectors.

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3. Small Allocations for Diversification

While NVIDIA took center stage, I also diversified into:

• Robinhood Markets (HOOD): A small buy of $3.24 at $23.84 per share.
• Verizon (VZ): Dividend reinvestment of $88.63 into 2.14 shares at $41.34.

Insight: These small, strategic buys enhance portfolio balance and capitalize on income reinvestments.

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4. Key Lessons from November and December Investments

1. The Power of DCA: Recurring buys in NVIDIA reduced the emotional bias of timing the market.
2. Balancing Growth and Stability: Combining tech giants like NVIDIA with dividend-focused assets like SCHD and TPL ensures a resilient portfolio.
3. Reinvesting Dividends Works: Reinvesting in Verizon and SCHD underscores the compounding effect that drives long-term wealth.

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Conclusion

November and December 2024 have been transformative months for my portfolio. By staying consistent with DCA, reinvesting dividends, and diversifying smartly, I’ve strengthened both the growth and income aspects of my investments.

Whether it’s NVIDIA’s cutting-edge AI advancements or SCHD’s reliable dividends, every transaction reflects my overarching goal: achieving financial independence through disciplined investing.

Options Trading Recap: November to Early December 2024

 The past few weeks have been active in the options market as I navigated opportunities across covered calls, puts, and speculative trades. Here’s a breakdown of my trades and strategies spanning November and early December 2024.

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Options Trading Summary: November to Early December

Date	Action	Details	Premium ($)	Notes
11/7/2024	Sell SMCI $21 Put (11/22)	Rolled from SMCI $20 Put (11/15)	87	Adjusted strike for higher premium.
11/11/2024	Sell VZ $41 Call (11/15)	Shares called away	15	Profited from covered call assignment.
11/11/2024	Sell T $23 Call (11/22)	Shares called away	8	Boosted income with this covered call.
11/11/2024	Sell HOOD $31.5 Put (11/22)	Rolled into HOOD $31.5 Put (12/6)	63	Leveraged volatility for additional gains.
11/18/2024	Sell HOOD $31.5 Put (12/6)	Rolled into HOOD $34 Put (12/13)	71	Targeted a higher strike for more premium.
11/22/2024	Sell HOOD $34 Put (12/13)	—	97	Benefiting from ongoing volatility.
11/25/2024	Bought GOOG $195 Call (12/27)	Speculative play	-30	Aiming to capitalize on upside momentum.
11/27/2024	Sell VZ $42 Put (3/21/25)	Rolled from VZ $42 Put (1/17/25)	80	Captured premium while extending duration.
12/2/2024	Sell ACHR $6.5 Put (12/6)	Expired worthless	40	Collected full premium without assignment.
12/3/2024	Sell ACHR $6.5 Put (12/6)	Expired worthless	35	Repeated success with ACHR.
12/3/2024	Sell ACHR $7 Put (12/6)	Expired worthless	40	Another premium collected with no risk.
12/3/2024	Sell ACHR $7.5 Put (12/6)	Expired worthless	45	Maximized premiums in ACHR.
11/25/2024	Sell T $23 Call (12/27)	—	40	Stable income from T’s price stability.

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Total Premiums Earned (Nov–Dec 2024)

• November Premiums: $461
• December Premiums (so far): $200
• Net Premiums (after costs): $631

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Key Takeaways

1. Profiting From Rolling:
   Rolling positions like SMCI and HOOD puts enabled me to capture additional premiums while staying ahead of market movements.

2. ACHR Success:
   Selling puts on ACHR proved highly profitable, with all trades expiring worthless and no capital tied up in assignments.

3. Balancing Speculation and Stability:
   The speculative GOOG call adds a layer of risk, but stable income from covered calls on VZ and T balances the portfolio.

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Goals Moving Forward

As December unfolds, I’m focusing on year-end opportunities to optimize premiums and manage risk for 2025. The objective is to continue leveraging volatility and executing strategic rolls while preserving capital for fresh opportunities.