Friday, February 18, 2022 -- $83,706.21 (-$14,398.56, -14.68%)

 



Friday, February 18, 2022 -- $83,706.21 (-$14,398.56, -14.68%)

Another market day, another crushing loss.  As the market tumbled the portfolio went into margin call position so I sold 1,000 KIND while all 9 of the $9 KIND Put options that I was short on were executed forcing me to purchase 900 shares of KIND at $9 each, despite its present price being just over $6.  This is a another lesson in how portfolio concentration, leverage and options are the kinds of things that can lead to a 25% loss over the course of two days!

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