Business Administration Archives

May 15, 2024 | May 15, 2024 All Posts

First Contact complete: Debriefing My Five-Year Mission into The Passive Income Frontier

Space, the final frontier. These are the voyages of the Starship… uh… Longshot. Our five-year mission: to boldly explore the uncharted territories of Vertical Spreads, to seek out new income streams (and promptly watch them fizzle), to boldly lose… er,..

Dec 31, 2023 | Dec 8, 2023 Business Administration

A 5-Year Performance Review Selling Vertical Spreads (2019 – 2023)

As I recount my 5-year journey in the world of Vertical Bull Put Credit Spreads, I liken the strategy to the seductive but ultimately unfulfilling Mrs. Robinson. I shared my struggles, doubts, and moments of despair. Yet, small victories always..

Dec 1, 2023 | Dec 1, 2023 Business Administration

Not So Quicken – New Schwab Accounts Download to Quicken

My Ameritrade accounts were transferred to Charles Schwab on the weekend of Nov 3. And for the better part of this month, I’ve been picking up the pieces. I felt like Carl Fredricksen in a slow slog, trudging towards my..

Nov 24, 2023 | Nov 24, 2023 Business Administration

How to Connect Excel with Thinkorswim

How do you connect Schwab's Thinkorswim (TOS) desktop trading platform with your Excel spreadsheet? How about how to use the Thinkorswim RTD commands to live stream data into your Excel Watch List? Even better, how about downloading my Excel Options..

Sep 29, 2023 | Sep 29, 2023 All Posts

Ameritrade To Charles Schwab Merger – What Should I Expect?

In this month’s Trade Journal post, I want to explore what to expect when my TdAmeritrade accounts are transferred to the Charles Schwab platform. There’s going to be a little sphincter tightening for me until the transfers are completed. Table..

Sep 3, 2023 | Jun 30, 2023 Business Administration

Out Perform the S&P 500 – Woo-Hoo!

My CND compels me to measure my Options income to gauge whether I’m making money or wasting my time. After a year of ill-reporting my P&L, I made one minor D’oh correction. I’m now relieved to see that my Vertical Bull..

Nov 22, 2023 | Apr 28, 2023 Business Administration

Cover Calls WATCHLIST Using ThinkorSwim EXCEL

This month's Journal Entry feeds my nerdy side as I document my Cover Call Watchlist, which pulls live data from my ThinkorSwim trading platform into an Excel Spreadsheet. In addition, I will dissect my watchlist Excel spreadsheet and document how..

Bing AI on yearly vertical bull put credit spreads

Aug 22, 2023 | Mar 31, 2023 Business Administration

Asking The Bing AI – 1 Month vs. 1 Year Vertical Bull Put Credit Spreads

In this month’s journal entry’s commentary, I want to see if Microsoft's new Bing AI search engine can help me with improving my Vertical Spread strategy. Plus, new Entry Rules for Yearly Vertical Bull Put Credit Spreads. Table of Content..

Dec 30, 2022 | Dec 30, 2022 All Posts

Selling Vertical Credit Spreads for Income – 2022’s Year-End Results

The downturn in the 2022 markets began on cue – the first week in January. And by the end of that first month, I was already falling down the “Correction” rabbit hole. I am ending this year with a frustrating..

Dec 30, 2022 | Nov 25, 2022 Essential Tips for Options Trading

Budget, Goals, and New Rules for 2023 Vertical Spreads

After 2022, Painful Experience will have to be approbation enough. But with a little prestidigitation, this month's journal entry intends to define my Budget, Goals, Mission Statement, and new Entry/Exit rules for 2023 - Zimzalabim! Table of Content Commentary -..