End of the Month Summary – October 2021

October was another decent month for my account, but I missed out on taking advantage of the sell off as much I would’ve liked to. I’ll get another chance of course. I’ve left a lot of money on the table this year, but that’s how I needed to manage my account based on other potential expenses I have coming up that might require some cash infusion from my investments. It’s unlikely I’ll have to pull from this account, but couldn’t get my head around risk for this account.

I ended October with a Net Asset Value (NAV) of $138,204.76 according to Interactive Brokers (IB) after ending September with a balance of $136,013.22. That gives me a gain of $2,191.54 (~1.61%) on paper. I had one QQQ October $380 covered call expire worthless and sold a replacement for December. I also sold an ABNB naked put and a TLT covered put. I missed out selling an IWM naked put as I planned to do. My TLT position cost me $6.81 in borrow fees, $18.31 in short dividend fees, and $7.04 in short interest. The premiums from my covered puts are covering the short fees, plus a little extra. My QQQ shares paid a dividend of $41.39.

I still plan to add more exposure, but I could see another pull back hitting stock soon. That’s based on trend lines for small to mid-cap stocks. Large caps might have more upside potential, especially if tech stocks can shake off some of their recent doldrums.