Both the S&P 500 and NASDAQ Composite had a roller coaster week, being mostly down until Friday when the S&P 500 rallied to finish 0.77% up for the week. The NASDAQ eked out a 0.01% gain for the week to barely finished in the green. My accounts had a mixed week. Some were up, some were down and some were relatively flat. Let’s check out the details of my week!
Dividends
The following dividends were received in the Traditional IRA this week:
- Invesco Mortgage Capital Inc. (IVR) – $9.48
This dividend was reinvested into the underlying position. This was the only dividend received this week. The total amount of dividends received for the week was $9.48.
Buys/Sells
The following buys were made in the Traditional IRA this week:
- Vanguard Total Stock Market Index Fund (VTI) – 1.228 shares
- U.S. Bancorp (USB) – 1 share
- Broadcom Inc. (AVGO) – 0.091 shares
The following buys were made in the Roth IRA this week:
- American Tower Corp. (AMT) – 0.083 shares
- Amplify CWP Enhanced Dividend ETF (DIVO) – 0.410 shares
- Huntington Bancshares Inc. (HBAN) – 1 share
- Innovative Industrial Properties Inc. (IIPR) – 0.110 shares
- Invesco NASDAQ Next Generation ETF (QQQJ) – 0.178 shares
- Store Capital Corp. (STOR) – 0.497 shares
- Vanguard Growth Index ETF (VUG) – 0.036 shares
The following buys were made in the 401k this week:
- DFA Commodity Strategy Portfolio – 1.4267 units
- Vanguard Total Bond Market Index Fund – 2.2469 units
- Vanguard Total Stock Market Index Fund – 7.9913 units
- Vanguard Total International Stock Market Index Fund – 1.9457 units
The following sell was made in the Traditional IRA this week:
- DTE Energy Co. (DTE) – sold the entire position
Options Trading
The following options trades were made in the Traditional IRA this week:
- XL Fleet Corp. (XL) – sold a cash secured put at a strike price of $2 expiring on February 18, 2022 for a premium of $19.32 after fees.
- Hyliion Holdings (HYLN) – sold a cash secured put at a strike price of $4.50 expiring on March 04, 2022 for a premium of $86.32 after fees.
- Kroger Co. (KR) – bought a closing transaction on a covered call at a strike price of $47 expiring on February 25, 2022 for a premium of -$157.67 after fees. This trade was held for about 7 days and resulted in a profit of $132.
- Kroger Co. (KR) – sold a covered call at a strike price of $48 expiring on March 18, 2022 for a premium of $185.32 after fees.
- Genius Sports Ltd. (GENI) – sold a covered call on 2 contracts at a strike price of $7.50 expiring on February 18, 2022 for a premium of $48.65 after fees.
- Genius Sports Ltd. (GENI) – bought a closing transaction on a covered call at a strike price of $10 expiring on February 18, 2022 for a premium of -$13.02 after fees. This trade was held for about 19 days and resulted in a profit of $9.30.
- Genius Sports Ltd. (GENI) – sold a covered call at a strike price of $7.50 expiring on March 18, 2022 for a premium of $47.32 after fees.
- Genius Sports Ltd. (GENI) – bought a closing transaction on a covered call at a strike price of $10 expiring on February 18, 2022 for a premium of -$15.02 after fees. This trade was held for about 19 days and resulted in a profit of $7.30.
- Genius Sports Ltd. (GENI) – sold a covered call at a strike price of $7.50 expiring on March 18, 2022 for a premium of $49.32 after fees.
- Camping World Holdings (CWH) – sold a cash secured put at a strike price of $30 expiring on February 18, 2022 for a premium of $100.32 after fees.
The total amount of options premium received this week was $350.86.
Account Updates
The Traditional IRA finished the week at about $121,194. This is up $1,525 over the previous week.
The Roth IRA finished the week at about $2,222. This is up $103 over the previous week. This includes a contribution of $100.
The 401k finished the week at about $10,551. This is up $235 over the the previous week. This includes a contribution of about $264 which means this account was actually down for the week.
The taxable brokerage account finished the week at about $320. This is down -$3 from the previous week.
The little bit of bitcoin that I own finished the week a little under $18. This is about even with the previous week.
The total amount invested is now about $134,305. This is up $1,860 over the previous week. All of the positions in my portfolio can be seen by clicking “Portfolios” in the menu or by clicking here.
Wrap Up
The total amount of dividends and options premium received this week was $360.34. This was another interesting week in the stock market. The Traditional IRA was up this week mainly due to some of my larger holdings (V, T, MSFT, VZ) rallying on Friday and closing up. V was up over 10% on Friday! I made an unscheduled $100 contribution to the Roth IRA this week. I figured I could take advantage of the markets being down and buy some quality companies at a cheaper price. Other than that, I stuck with my plan. I continue to consolidate my accounts as seen with the liquidation of DTE. I will continue to look at every position in my accounts to see if the position is a good fit with my goals. I am encouraged by my options trades lately. It is looking like options trading can be a good stream of income for me in retirement. That pretty much wraps it up for this week. Thanks for following along!
On a side note, I have added a Recommended Resources in the menu. It currently is a work in progress. It will contain blogs and YouTube channels that I enjoy as well as some sites that I use. I hope you take the time to check it out.
*Disclaimer – I am not a financial professional. The information shared here should not be considered financial advice. I am just a factory worker sharing my experience as I strive to achieve financial freedom. Before investing or making any financial decision do your own research and due diligence or consider seeking the advice of a financial and/or tax professional.
Here are some of the businesses that I use that I thought some of you might be interested in.
Lolli has a variety of stores that it is affiliated with and offers rewards for shopping at these stores. I use Lolli when I shop on Chewy and I get bitcoin as a reward. Who doesn’t want free bitcoin! If you are interested in Lolli and want to help support the blog here is my referral link: https://www.lolli.com/share/XP7gxDgqC4
I use M1 Finance for my taxable growth account. M1 Finance offers promotions for signing up. At the time of writing this post, the promotion is for $50. These promotions vary from time to time but is usually a $10 bonus. If you are interested in M1 Finance and want to support the blog here is my referral link: https://m1.finance/ktIiFeOI5zDr
Varo Bank is one of the banks that I use. From time to time the bank will run promotions. Currently, you can earn up to 3% on your savings with Varo, if you meet certain requirements. If you are interested in checking it out, here is my referral link: https://bank.varomoney.com/signup?r=William360
If you use the referral links listed above I could receive compensation. Please take the time to read the terms and conditions before signing up.