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...