I finally set up Alerts in TradingView for the MACD strategy. Took a few trades with it Monday. Currently sitting at 55 shares and a $41.85 average. I bumped the percentage per trade up to 20% today, it’s something I’ve been thinking about and it just came down to purpose. I don’t want MACD to be a standalone strategy, I want it to be a part of my whole strategy. As fun as it is to sit and trade the market, it’s never been a goal. I just want to manage positions, and I’m a little disappointed I haven’t been able to lock up the strategy and trade options on it yet. I’m a firefighter sitting around yelling at the sky “Somebody burn something!” In other news, I did take 2 more positions in TOST And a 4th position in HOOD I should have waited on the first TOST trade. I took it Monday instead of waiting until Wednesday, but other than that I’m pretty happy with where I am sitting. I guess we will see what happens Friday.
Bit of confusion today. I had my TOST $37.50 strikes profit locked in at $148.71…and I have no idea why. It should have been pulling numbers right off the trade sheet. I think what happen was I was manually locking in numbers when I was looking at it ending ITM and just forgot to set it back. I think I have it sorted out, but I have it noted I need to verify my numbers the next time I’m flat. I’ll continue with the numbers I have right now but they might be a little off. I did close out half my position in NVDA and switch it for DKNG. Looking at MACD on the dailies DKNG is in a better position (currently crossing below zero line) NVDA looks like its trading in a range but heading towards the bottom of it. I wouldn’t trust my chart reading abilities though. Sold 100 shares of NVDA for $135.90 locking in a profit of $614.05 (16.54%). Profit on the remaining position is $86.34 (what I got from rolling it today) DKNG I split one Call and one Put with a plan to add 2 more positions Wednesday TOST I rolled the Put and $37.50 strike. The $39 strike did have enough premium so I’ll wait until Wednesday and see what I can get. Over in Robinhood I closed out my HOOD position except for the $40 Put and added a $39 Put. It cost me some to close everything but I came away with $639.54 (5.33%) on a position started 5 weeks ago. Currently sitting on $135.96 options income. Last night YTD performance was still positive, it was $1450.55 (1.92%) for the options strategy. That was before today's drop; I think it's still positive, not sure. I’ll pull the numbers this weekend sometime. If I wait til tomorrow Schwab will just tell me, but its performance page only updates overnight. Considering the first 2 weeks of the market this year I’m not doing bad. Anyway, I’m wrapped up. Got to rebuild some garage doors and a window. I have I have 3 bundles of R-19 left from the ceiling so I’m just going to take the doors down and make them 3.5in thick instead of 1.5in. And use some of it up that way. One of the big doors is warped anyway (top board is warped) and needs rebuilt anyway. I bought some brush seals too, and it’d be easier to get those all lines up if it was on the ground. Weatherbug says it feels like 16F today...oh joy.
Well, 2 weeks down and I have $752.73 (0.99%) for options and $812.75 (1.00%) if you add in MACD. YTD numbers in the Robinhood pictures are higher since I am counting the last 2 days in December which were a net loss and they are not. Going into week 3 my current positions are: TOST - 200 shares at -$165.59(-2.18%) NVDA - 100 shares at -$710.32 (4.94%) DKNG - 100 shares at $214.68 (5.48%) HOOD - 0 shares at $135.96 Total - -$525.27 which represents a 0.69% drawdown. I also have a Put on DKNG, TOST, and 2 on HOOD that I consider potential positions. TOST is the only position that has 100 shares without an options contract. I don’t know if Friday was an anomaly or the sign of a further pullback so I am waiting until Wednesday to see where the position is. Also on Wednesday I will add 2 more positions to DKNG and HOOD ultimately looking to take profits on Friday or at least bring positions closer to breakeven. In MACD I took 7 trades last week, 4 closed for a profit of $49.14 bringing the total to $89.61 (1.57%). I have 55 outstanding shares at an average cost of $41.85. I reduced that down to 2 positions by date to align with the larger 20% position sizing.
Well, I was pretty excited; MACD was all the way up to 111 shares. I was going to start selling Calls on Friday. Now I’m flat, everything has sold off. I took 2 trades Monday, nothing yesterday and so far nothing today. I missed an entry right at the open and I’m not sure if I’ll get another one. MACD had made $156.11 (2.74%) so far this year and the account is up $234.26 (4.11%) since Dec. 30th. Just to make my life more complicated I switched MACD from HOOD to RKLB and HIMS. Just wanted to diversify away from HOOD since I’m also trading it in the Taxable and I wanted to see how I handle 2 symbols. Over on the Taxable side I was F’ing around too much. HOOD jumped yesterday so I sold off my Puts, decided I didn’t want to have nothing so I sold a really close to ITM put. Then I decided I didn’t want that so I set a sell order. It didn’t go through but today it dropped a lot so I sold it off and did a Call and Put today. It was all over the place and I should have just waited until today, sticking with my plan to just take trades Wednesday and Friday. If HOOD closes above $45.50 on Friday I’ll walk away with $330.30 (7.28%), if it drops below $44 my break will be $43.10 (adding shares from the put). In Schwab things were less messy. Added 2 DKNGS, I sold a call on TOST that I didn’t Friday, and I rolled NVDA down but kept Fridays expiration date. NVDA’s strike would leave it -$455.64 (-3.17%) if NVDA move up above $138 but its close enough to its breakeven ($142.56) that I feel confident all be able to roll it out without locking it up for too long a time. I also think I figured out what I did with TOST to mess with its numbers. I think it was up and I cut off the profit for one position and was adding it to the second and I just did it in a sloppy way. I froze DKNG’s income on one position today, but just did it on the summary page so if DKNG falls I can reverse it. It’s also still showing total income as well as todays income. I think that’s what I was trying to do on TOST, but I’ll have to verify the numbers when I close it. Last thing I did was roll my TSLA to 1/17. It cost me $150 to do that, but I think I can make $150 in 5 weeks with an extra $19.5K available in my account.
So far so good with 2 positions in MACD. HIMS was above the zero yesterday so I only got entries for RKLB. Made 5 trades so far, 3 RKLB and 2 HIMS and made $62.58 since switching. MACD has made $218.63 (3.84%) since Dec. 30th. On the Taxable side I rolled my two HOOD positions: Holding 100 shares with an adjusted cost of $40.55 a share. If it stays above $46.50 I have a profit of $595.14 (13.12%) In Schwab I rolled my calls on DKNG and TOST straight across without bumping up or down. I Rolled NVDA out and up, taking in roughly 0.5%. I also rolled the DKNG put out and down and closed the TOST put. I also took a speculative position in HUT. I usually stay away from Bitcoin tied positions but the stock was cheap and the premium was hefty. We will see what happens. On Wednesday I plan to add PLTR to replace TSLA. I’ll also add to my DKNG and HOOD positions.
3 weeks in and everything is looking good. Schwab is up 1.34% which isn’t the best but is still 23.22% annualized. TSLA is gone now so my ROI should go up. TSLA sold at $195 a share, buy in was $221.34 a share and profit should be $3843.21 (17.36%) minus the small commissions Schwab takes on sold shares (I’m guessing less than $0.25). I’ll try and add the trade record as thumbnails, never really did that before on purpose. Its 5 pages long and does not include the sold TSLA since it won’t be added until Monday. You guys can math that out though if you want to, I have faith in you. Just add $19,500 to the options premium number. Here’s the highlights: Cost Basis: With Options Premium: I’m doing better in Robinhood. Taxable is up $941.62 (6.67%) and the IRA is up $290.18 (5.10%) Again, the numbers in the picture are different because I am counting from Dec. 30th. These annualize out to 115.61% and 88.40% respectively. I don’t expect the returns to be that high, but it is fun to see what a picture perfect year could look like. Going into week 4 my positions for options are: TOST - 200 shares at $430.46 (5.67%) NVDA - 100 shares at -$417.96 (-2.91%) DKNG - 200 shares at $143.75 (1.78%) HOOD - 100 shares at $595.14 (13.12%) - capped* HUT - 100 shares at $39.34 (1.14%) Total - $790.73 which represents 1.02% open profit *Capped - currently above strike (equity at strike given) Altogether the Schwab and Robinhood Taxable are up $1786.64 (2.31%) Add in MACD and its $2076.82 (2.50%), that’s $17.30 an hour if my money was out there taking your order at McDonalds. I think that’s more than my son earns making pizzas, but I'm not sure. It means holding TSLA hasn’t really hurt anything except maybe taking some off the top. It’s good news, since I have been considering pulling some money out to either buy another truck or fix one that I have. My son’s Ranger doesn’t make it up the driveway when it snows so we could use another 4WD for the winter. My black truck needs about $3000 worth of parts to get it solid again but I don’t have the time or space to do it so I’d have to send it somewhere and pay for the work. I also found a 2003 Silverado SS for sale locally, I think they want $8000 for it, which is a solid discount since the seat is mangled (new seat leather is a few hundred bucks). So It might be something I could buy and flip in the spring (other examples are around $13K). It would mean pulling more money out of Robinhood, but might be worth it if I can find a buyer.
I ended up being sick Wednesday, I’m not all the way over it but at least I’m well enough to trade and journal. I did end up selling a call and put on PTLR on Wednesday but that was it as far as options. I also keep up with my MACD alerts, and it's a minor miracle that I was able to sort that all out. MACD made 7 trades as well as closed an open trade from last week to bring in $105.52 (1.85%) and has made $402.15 (7.07%) since Dec 30th. Currently both RKLB and HIMS are above the zero line. One thing I did notice is both of them are now more than I can cover in the account. I would need $6300 to trade both effectively and the account is only $6089. I’m not going to do anything about it just yet, but I will have to transfer money if things go sideways. Over in the Taxable I just bumped everything up. At a $48 Strike I have a profit of $843.86 on HOOD. The account itself is up over $1200 since Dec. 30th. Over in Schwab just a lot of rolling out. Besides PTLR I did add SHOP. I picked it as a potential replacement for NVDA. I’ve gotten NVDA to a positive strike at $142 so I’m willing to let it go if it stays above that. Everything is positive with only HUT and SHOP not above their strikes. Schwab is up over $2000 since Dec. 30th. This is the boring part, everything is sort of moving in the right direction so all I have to do is keep bumping everything up until it's time to sell. Since everything is doing well I’ll probably exit out of positions for earnings, no sense in rocking the boat. I might try and line up something to fill in but I really don’t see the need to if nothing good comes across my screen. Flipping through the charts I’m pretty happy with my picks except NVDA, it just hasn’t done as well as I would have hoped. I'll be back later this weekend to give you the run down on how I'm sitting at the end of Week 4.
Week 4 is in the bag and everything is going smooth this week. Schwab is up $1705.27 (2.70%), Taxable is up $1223.25 (8.66%), and MACD is up $398.72 (7.01%). MACD opened up a few trades towards the end of the session on Friday so it’s down a bit from what I said previously. It has 1 position in HIMS and 2 in RKLB. Altogether options trading brought in $2928.52 (3.79%) and with MACD its $3327.24 (4.01%). That’s $20.79/hr if broken down to a 40 hour 9 to 5. Not bad. We are moving out of pizza making territory and into legitimate work. Although, I think this is more towards the upper end of the range I’m going to fall into as the year goes on. Flipping through the charts HOOD is getting a little high for me so I am going to work out of that. Maybe swap for AFRM or SQ. I have to be mindful of earnings dates though. PLTR has earnings in 2 weeks so I’ll try and get out of that at the end of next week. HUT isn’t looking great, it’s still up $35 as it sits though so i’m not worried about it. Going into week 5 my positions are: TOST - 200 shares at $518.81 (6.83%) - capped NVDA - 100 shares at $44.70 (0.31%) - capped DKNG - 200 shares at $445.45 (5.52%) HOOD - 100 shares at $843.86 (18.60%) - capped HUT - 100 shares at $35.02 (1.26%) SHOP - 100 shares at $92.12 (0.85%) Total - $1979.96 which represents 2.56% open profit. Just some final thoughts. It’s a little surreal to consider that annualized out I would make over $40,000 if I maintain returns for the whole year. Maybe it's just a good start to the year, but the potential is there. MACD is surprising as well. I didn't expect it to do so well, and I’m still bummed I haven’t been able to sell a single option in that account yet.
I was looking at this chart for HAL and it's a good example of what I’m trying to trade. Ever since the start of 2025 MACD crossed and it took a minute but eventually HAL rose about $2 from the blue arrow to the close of the last green bar, which happens to be a friday. It got hit with a miss on Revenue so it dropped after earnings (at least that’s what the chart is saying). Even now if I would have held too long, forgot about earnings, whatever.. HAL is basically at the same price it became a buy so I could still get out with all the premium as profit. So this trade had a setup I am looking for, it gained and gave a chance to get out and take profit before earnings, and I could still get out after earnings with most of the premium just no stock gains. It’s a good setup, I think. It's not going to be that nice and condensed everytime. It's also not going to happen every time. So here is where I’m sitting with my positions: I did say I was going to work on a strategy for buying into positions, cause I really didn’t have a system for it. I’m already using MACD for the MACD trades, so it's already up on my charts to begin with. I did enter TOST early in Dec. which wasn’t ideal but it’s come together finally. NVDA as well, and…let’s just say it's a work in progress. DKNG, PLTR, and SHO are following this at least. HOOD has just been a producer for me since I’ve had it. Its MACD hasn’t been below zero since Sep. I’d just thought I’d share some insights. This thread is getting more views than I realised so maybe some of you are wondering what I’m doing. I’m just running off of charm, goodlooks, idiosyncrasies, and MACD. And right now, DayQuil, but it's just for a persistent cough at this point.
Did everyone make it through the dip Monday? I’ve had NVDA down and HUT down. Everything else is doing fine. MACD is still racking up Wins, 6 completed trades so far this week for $88.23. 2 open positions in RKLB but it’s doing its thing. I sold out of NVDA and DKNG to sell a put on TGT. NVDA was -$1904.96 (-13.24%) for that leg, -$1270.49 since 12/4/24. DKNG had a profit of $389.13 (4.38%) since 1/10/25. I sold off both positions in DKNG when I really didn’t need to. I was looking at a more expensive stock; PG. I decided to go with TGT instead since it has a dividend coming up. Oh well, DKNG has earnings coming up anyway.