Go For Broke

Thursday, March 31, 2022 -- $75,691.57 (-$4,930.00, -6.11%) Well, we can see that KIND's after-hours trading yesterday did not seem to have much relevance, as KIND closed down another 1.2% today.  However, because the portfolio snapshot was taken after hours and included the post-market close resurgence, yesterday's portfolio loss much smaller than at yesterday's close.  Despite the small loss for KIND, the portfolio was down over 6% today.

Wednesday, March 30, 2022 -- $80,621.57 (-$1,280.00, -1.56%) KIND closed down over 3% today but appeared to recover all of the losses in after-hours trading, though after-hours trading, because of its low volume is often not indicative of the value the broad market is placing on a security.  We will see tomorrow whether this sticks.

Tuesday, March 29, 2022 -- $81,901.57 (+$2,050.00, +2.57%) KIND closed up about 0.48% and the portfolio was up, correspondingly, about 2.57%.  Please keep in mind that the prices I am referring to are the closing prices (1:00pm West Coast, 4:00pm East Coast) for the day.  I generally take the portfolio snapshot several hours later so the portfolio prices and value could be affected by aftermarket trades.  Please keep in mind that aftermarket trading is often not as indicative of value than trades that take place during regular market hours.  This is because there is a much lower volume of trading in after-hours trading and so prices can change significantly when just a few shares are traded.

Monday, March 28, 2022 -- $79,851.57 (+$3,250.00, +4.24%) KIND closed about 2.8% today and the portfolio with its between 50% and 100% leveral-equivalent position was up about 4.2% (about 50% more than KIND's gain).  While this may seem like a rather ho-hum day compared to recent days' ginormous gains/losses, a 4% gain is nothing to sneeze at.

Friday, March 25, 2022 -- $76,601.57 (+$1,740.00, +2.32%) Although KIND was down $0.06/share today, due to Robinhood's portfolio valuation glitch yesterday, the portfolio shows as being up over 2% today.  As long as the underlying portfolio positions are properly recorded, it does not really matter what valuation your broker is assigning to your portfolio--value speaks for itself--so the broker's indicated value is similar to a comment in a line or programming code--it is interesting but does not actually change how the program operates.

Thursday, March 24, 2022 -- $74,861.57 (-$1,460.03, -1.91%) Despite Robinhood indicating the value of the portfolio dropped nearly 2%, KIND actually increased in value today by $0.04 (0.66%).  This has to do with the vagaries of Robinhood and what time they value the portfolio.  As far as I can tell it does not make sense and given that KIND rose today and was unchanged in aftermarket trading the portfolio value should not have dropped.  No worries, this just means that the portfolio should rise tomorrow by more than the stock price change would otherwise seem to indicate. Also ... I sold 10 KIND $6 put options that expire in 3 weeks for $0.40/share.  If KIND, which closed today at $6.10/share, closes above $5.60 on April 14th then this position will be positive.  If KIND closes above $6.00/share then the portfolio will benefit to the tune of $400.00 = $0.40/share * 10 contracts * 100 shares/contract.

Wednesday, March 23, 2022 -- $76,321.60 (-$1,180.00, -1.52%) Move along.  Nothing to see here.  Move along.