Zac's Journal

[zacj346]

Crazy week, I did come back Wednesday after it was announced that tariffs would be paused and closed all of my Puts except TGT. I did end up forgetting I had a put on DKNG when I was rolling things today, otherwise I would have used it to offset loses and roll the DKNG call farther up. Everything else was pretty standard. The only thing I changed was adding positions to TOST. That puts the Robinhood account slightly on margin by $1200. It does bring TOST up to slightly positive with a breakeven at $32.92 for the stock position or $32.23 for the whole position. If; and that ‘if’ is carrying a lot of weight, TOST holds above its 200-day then next week I can back off the put positions.

 

[zacj346]

I’m still down, but I saw an improvement across all accounts this week. Schwab is down $10148.41 (16.10%) Robinhood is up $1451.07 (10.27%) and Robinhood Roth is down $1577.14 (27.73%). Combined I am -$10,274.48 (-12.40%). Over the same time period the S&P is down 11.43% so the gap is down to less than a percent.

TOST is back on the right side of its breakeven. Current $34 call on the stocks would give me $107.42 (2.68%). CAVA is slightly better with its $83 call giving me $303 (3.52%). Cava I’m going to keep rolling out and try to get as much as much as I can out of it, but I’m going to be mindful if I start having to roll it more than a week. When I get to that point it might be more beneficial to let it go and roll the money into TTD.

Worst position money wise is TGT, percentage wise is VFC. TGT has a rescue mission on it so I’m going to let that run for a while, not really worried about it. VFC is a pain. It has very little options premium to play with. I think the best thing to do is roll it until it gets stuck and then roll the funds into RKLB since it has better premiums. Otherwise I could be fighting with it for a very long time.

Flipping through the charts the only other thing that caught my eye was HOOD price is already above my calls of $42 and $39.50. I’m going to leave it alone for now but I might consider rolling those 2 weeks out if I can’t get those fixed. Since Friday is a holiday I will roll everything Wednesday anyway.

I’ve adjusted my thinking a little bit; If i know I can get x% (I said 0.5% but I’ve been trying to get 1% lately) a week a reasonable amount of times a year. Then it makes the most sense to keep as close to 100% of my capital working while I am working my way out of this deficit. At least that’s what I am considering when I look at something like VFC when the math just isn’t looking good to get it back to profitable

 

[zacj346]

Rolled almost everything out today. VFC had no premium unless I went out another week or rolled down so I'm going to let it expire and pick something up Monday. I had the same problem with HUT but just rolled it down $0.50 since its a little better on premium most of the time. Other than those 2 the rest of my positions are moving in the right direction. The other notable exception is TGT, which has dropped slightly on the calendar metric.
Looking at the good things, TOST has $349.09 locked in which is 8.72% for the stock position or 2.53% for the entire position. Cava has $477.66 which is 5.09%. The Robinhood account is down about $155 off its peak that it hit on Feb. 18th. TGT even though it doesn’t look like I’m gaining, I have been able to roll down the put every week. It started at $102, it's now down to $98.

Schwab and Robinhood Roth are still a mess, but moving in the right direction.