Month End Summary – January 2021

I had a pretty good month in my account for January based on having a profit while the large-cap indexes slipped. My account ended January with a Net Asset Value (NAV) of $127,932.44. After starting the year with $125,000 in my account, I’m happy to have a gain of almost $3,000 on paper. I didn’t make any trades in January, but I’m thinking out selling a far out of the money put on ABNB. The premiums are pretty rich for it right now and think it’ll be good long-term.

I’d like to be able to make at least $10,000 in this account in 2021. That’s only an 8% gain , so it’s very doable especially with having $3,000 of that after the first month. The early gains can help cushion the later losses.

(I’m keeping today’s post short do too a minor injury in my hand that is aggravated by doing much typing.)