Blood Bath on Feb 5, 2025

Greed took over me with my IAU and SLV CALLS at over 50-100%.  I did not take a profit when the market took a dramatic all time highs.  Now, I am stuck and I opened up more long CALLS than intended.  I have gone up and above my limit.  Now, I'll just have to wait out the storm.  Take whatever green profit I have moving forward to reduce my margin usage.

LESSON:  Take profit and not chase for more.

Currently, WS MARGIN $2,963.53.  

1D: -4,668.57
1W:  -13,147.80
1M: -8,919.04
3M: -9,617.12
YTD:  -7,056.49
1Y:  +1,017.87

BULL CALLS

 This is a $1015 bet.  DTE: 2 years from now.  How long will I keep this?  I have no idea.

EDIT:  Sold next day for $40.

Silver's been red hot.  Am I buying at the top?

Current Option Plays at Wealthsimple

Margin used:  $5,672.90 CAD

Cash Available:  $7,213.27 USD

No more opening short LEAP PUTs out to Jan 2027 as I have ASTS 60, HOOD 80, WDC 155, SCMI 20, NVDA 170 currently in play.  The rest are shorter time frame.

I have two covered CALLS:  AMD 280, MA 625.

Also, I have one long LEAP CALL out to Jan 2027 for HOOD 125.

2025 Recap

Beginning of 2025, I was chasing high yielding income Covered Call ETFs like Yieldmax MSTY and ULTY.  I wanted to create $5k/mo in passive income. I peaked at August and collected $10k+ in distributions.  Even though I collected $40,605.83 CAD, I noticed my TFSA (3%) and RRSP (10%) at Wealthsimple did not match the market's return (20%).   Then BTC started wavering and everything followed suit.  I had a shit ton of $MSTR related products like MSTY, MSTE, MSTX and HHIS/BIGY.  I also missed out on a ton of opportunities by selling myself short on covered CALLS and long LEAP on AMD.  I made stupid bets on LEAP CALLs on MP and USAR at its height.  Definitely, I was over trading to make up for my losses.  Last quarter of 2025, I decided to make a change and gotten rid of all my CC ETFs and bad plays.  I took a loss but I'm still up overall thanks to my growth stocks in my portfolio.  

For 2026, I plan to trade less and hold strong ETFs in my RRSP and TFSA.  Today, I sold my VFV at 20% gain and moved the funds to FEQT.  My plan moving forward to is slowly sell off my stocks and reallocate to VEQT in RRSP and FEQT in TFSA.  For USD funds, I'll be moving them to VUG in either account.  This is my road to $1 million.  My target is Dec 2026.  

11 years ago...

July 8, 2025 - Trades

 

BTC realized gains $2,102.00

STO collected premiums $230

ULTY 100 @ 6.23 = $623 versus MAGY 11 @ 56.37 = $620.07 for weekly options.

Dividends rec'd totaling 110.85 and re-invested back:

USCL $53.20 + 13.18

UTES $34.63

GPIX $9.84

WS @ 2:17pm
TFSA - $248,435.40
RRSP - $309,898.63
CRYPTO - $1,358.24
TOTAL - $559,378.40

Trades for the Day

BMO and NA had good earnings and raised dividends yield.  They popped up today.  Those are my top two CAD bank holdings

Sold TSE:BMO 10 shares @ 148.50 = $1,485.00 to lock in 100.70% return.  I'm trying to reduce my BMO as it does take up 8.87% of my WS overall portfolio.  I am down to 323.52 shares.

Bought TSE:MSTE 60 shares @ 16.30 = $978
Bought TSE:MSTE 7 shares @ 16.26 =  $113.82 to average down to collect the ex-dividend date on May 31st.  Current, share count 300 x 0.66 = $198.00 which will be paid out June 9, 2025.

Dividend Received and Trades for the Day

Received TSE:BMO dividend on May 26, 2025 - $530.30.

Used TSE:BMO dividend to buy TSE:MSTE for 33 shares @ 16.60 = $547.80

Sold VOO for 5 shares @ 542.6506 = $2,713.25 with 17.90% gain.  I still have 5 shares left of VOO.

Bought PLTY for 43 shares @ 62.06 = $2,668.58 

Comparison as of May 27, 2025 at close:
1) VOO 5 shares = $2,716.70
2) PLTY 43 shares = $2,670.30

I will be dripping my dividends back into the the respective underlying and compare them at the end of the year.