Road to $100k - Week 49
Week 49 Performance Overview
- Cash Balance: $407.44
- Portfolio Balance: $9,864
- Trump proposed an annual defense budget of $1.7 Trillion for 2027
- Unemployment rate ticked down to 4.4%
- Justice department open probe in Powell
Portfolio Performance
Progress has been extremely slow lately as the majority of my capital is tied up. Once I free up $PSKY, I plan to get back to selling cash-secured puts more regularly. But as of right now, I am stuck in limbo and in waiting mode.
Market Recap
The most notable headlines this week include Trump proposing an annual defense budget of $1.7 Trillion for 2027. The unemployment rate ticked down to 4.4%, and the Justice Department opened a probe into Powell.
My Week 49 Trades
$MSTX
This week we saw a spike in $MSTR which gave $MSTX a little bounce. Still not enough to justify any meaningful premium so I am still stuck in my largest unrealized loss position. I sold to open $12 strike covered calls to collect something better than nothing.
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01/14/2026 Sell to Open:
- MSTX 01/16/2026 12.00 C
- Quantity: 3
- Credit: $4.46 (Net)
$PSKY
I had $12 strike cash secured puts exp 01/16 which I rolled at the money out another week for +$20. The reason being I could collect more by rolling the cash secured puts as opposed to trying to sell covered calls on my holdings next week.
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01/15/2026 Buy to Close:
- PSKY 01/16/2026 12.00 P
- Quantity: 1
- Debit: -$20.51 (Net)
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01/15/2026 Sell to Open:
- PSKY 01/23/2026 12.00 P
- Quantity: 1
- Credit: $39.49 (Net)
$FVRR
I got assigned on my FVRR $17.5 strike cash secured puts on 01/16. I now have 100 shares with $17.5 average in which I plan to sell covered calls on it starting Tuesday since Monday is a holiday. The company is still free cash flow positive even though growth may not be as fast as it used to be. I plan to sell monthly $18 strike covered calls while I await for the company to find its footing in the new AI space.
$BULL
I still have 200 shares of BULL that I did not sell any covered calls on this week.
What I'm Holding Now
As of January 18, 2026, here's what's in my portfolio:
- $407.44 Cash balance
- $MSTX 300 shares
- $PSKY 300 shares
- $BULL 200 shares
- $FVRR 100 shares
- $PSKY 12.00 P exp 01/23
- Weekly $100 deposit on Wed and Fri splits