Unrealized P&L of about +$1306.
Net Asset = $110,013.
Cash On-hand = $118,165.
(Will try continue posting daily account update for about 1 month, per request by friend John. He wanted to see both -ve and +ve P&L, instead of just +ve P&L which seems to him to be too good to be true).
Need the price of BAC & C to stabilize, to rise or to drop slightly by Expiry Friday 20-Feb and we will get to keep the Option premium ($14,260) collected upfront. Continue to put Stop Loss protection along the way.Day to day there are other small simple straight trades when opportunity arises which are not posted. Focusing mainly on Bank/Financial companies and CreditCard issuers. Wanted to trade on Sea Shipping companies but do not have time to do research on it yet.
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