Wednesday, September 17, 2025 -- $313,459.87 (+61,968.15, +26.64%)
Wednesday, September 17, 2025 -- $313,459.87 (+61,968.15, +26.64%)
After two more up days, the portfolio is up about 142% in exactly two weeks. Using the long term average of the S&P 500 being around 11%, this would normally take on the order of 9 years. So, I don't expect this trend to continue. In fact, I expect that two weeks from now the portfolio value will likely be down from today. But it might not! As they say, hope springs eternal.
Yesterday I purchased 60 INTC $24 call options that expire on Friday for $1.12 per share or a total of $6,720. Today they went down in value to $1.00 per share so I am down $720 in this position and I will have to close it by Friday, two days from now. Fortunately this misstep was more than make up for by QBTS which went up $4.13 per share for a portfolio value increase of $37,185 today!
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