Showing posts with label Stocks. Show all posts
Showing posts with label Stocks. Show all posts

AMD stock option results

April 03, 2019 // by Jesse Crypto Backer // , , // No comments



Monday, Tuesday and Wednesday profits, ladies and gentlemen. Very happy with my call options and profits. I could have made a little more today, but decide to play safe. I do believe however, that AMD will continue to climb based on the good news of profitability. 

 Bitcoin has surged in price the passed two days as well, almost reaching $5,500 today. I didn't expect it to last though. It has already come down in price from today's high point. Funniest part, I think, is that recently started mining again (see post) just last week.



Acorns debit card has arrived!

April 02, 2019 // by Jesse Crypto Backer // , , // No comments

Isn't it a beautiful debit card? Acorns green with a minimalist approach. The only thing that stands out more is the actual weight of the card since it is made with the metal Tungsten. On the back is the card number, expiration, CVV  and your signature. This card and spend account will automatically find "found money" for your core investment account, while keeping track of spending habits. All this of course doesn't come free, unfortunately, these services will cost $3 a month. However, there are no overdraft fee or ATM fees (ATM fees get reimbursements.)
Another great day in the markets! Sold my call debit spread at $105, which was purchase last Thursday for $55. My $29 call option (04/26 expire) recovered and surpassed the initial $95 purchase. I tried to sell around peak, but caught the tail end. It is now sitting at $96, still up a dollar. However, AMD stock did jump up $0.46 in after-hours trading! I think I'll sell right away in the morning and take profit!

Remember, my initial investment with Robinhood was only $300! Now that's a Starting Small Investment. Please remember to follow or subscribe! Give a like and sharing is caring!

Market for the Bulls

April 01, 2019 // by Jesse Crypto Backer // , , // No comments


Was a great Monday for the market. My call options spread did very well today, gaining 111% or $50.00. I purchase at $0.11 ($11 dollars, 5 contracts equals $55.) The market value is now $0.19 per contract (5 contracts) or $95. That's a $40 profit today on this alone. I currently do not own any actual stocks.

My single contract for a call option rebounded quite a bit but not enough. I unfortunately got too optimistic last week and bought a $29 call at $0.95, and it instantly dropped to $0.57. Today it got back to $0.76. Basically that means I spent 95 dollars, it dropped to a value of 57 dollars, and today it closed at 76 dollars. I am still down 19 dollars overall.

My acorns gained another $2.56 today. Overall up $103.29 even after I unfortunately had to take out that $5,000.

Acorns one day returns on $5,000!

March 04, 2019 // by Jesse Crypto Backer // , , // No comments

I said I was going to be totally transparent with my investments. So here's an update.


Account: Acorns - Investment
Portfolio selected: Aggressive
Amount invested: $5,128.95

One day returns on Friday were fantastic! I only wish I had more funds to deposit.. But, for now I paused automatic round ups and recurring has been off. Whatever amount left is my spending account on payday will be deposited into my Robinhood account for investing. They will then alternate every other pay day after.

I, myself, need to stick to my budget I have setup in Mint. Extra money can make you feel like you need to reward yourself and with bigger expenses.

We need to fight the urge to self reward!








What are some ways you like to save money? I like to use Ibotta when I have to get groceries and supplies.

Please leave a comment and subscribe to my blog for more ideas!

Getting back to Robinhood and stock trading.

March 01, 2019 // by Jesse Crypto Backer // , // No comments

I don't know if I've said this, but, I'm going to be and stay very transparent through blogging.



Here is my small portfolio on Robinhood. Today I sold 4 shares of MJ to buy some AMD back and a $31 call option for AMD. I have good reason to believe AMD will take some market share from Intel this year with their great new products.

Please remember to subscribe to follow more!


After only one day of Acorns getting my $5k deposit, it has had a pretty strong gain today. Although percent wise this isn't much, I'm happy with the one day results. I will post Friday updates from now on. So, please follow and subscribe to this blog for more!

Let's get to investing! Let's start saving! Let's make our money work for us!! 

Stomach the loss, get rewarded

January 31, 2019 // by Jesse Crypto Backer // , // No comments

Interesting day in the stock market, GE up after earnings. Buying a Call for $0.14 and selling at $0.65. With options though, everything is multiplied by 100 for every contract. Resulting in a $14 purchase and $65.00 sale, netting me $51.00. I may have to find my next options contract or two!


Sticking with CRON until lunch gained me all my losses from yesterday's sell off. Bought at $1.00 and sold at $1.19 for a net profit of $19.00. This contract was down to $0.72 at close yesterday, which was very nerve racking. I stuck with it though!

I phrase that has stuck with me is: "You really haven't lost anything until you sell it." Chances are it will likely go back up sometime from now, maybe not today or tomorrow.

I think I've been lucky thus far to be honest. I need to keep on my researching and learning to study charts. Robinhood has yet to let me do options spreads due to inexperience, I bought a put manually to cover CRON and sold it when I saw the price climb back up. Lost a little, gained a lot.

Have you thought about trying it yet! Get a free stock and do what you want with it! Yes, you could win an Apple stock currently worth ~$166!

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