On the last trading week 0f 2023, my portfolio’s results did not meet my personal expectations…<sigh>.
I believe tax loss selling before going into the new year put a wet blanket on my high hopes…🙂
Let’s first look at the overall markets’ performance last week:
Weekly Market Snapshot:Â
|  Index |  Previous Week’s Close |  Current Week’s Close |  Change |  % Change  |
| Dow | 37,385.97 | 37,689.54 | + 303.57 | +0.81% |
| SPX | 4,754.63 | 4,769.83 | + Â 15.20 | +0.32% |
| Nasdaq | 14,992.97 | 15,011.35 | + 18.38 | +0.12% |
This past week, the Dow was the star, up 0.81%. The S&P came in second, up a modest 0.32% and the Nasdaq basically marked time, up only 0.12%.
Stock Performance of Options2Wealth Current Portfolio Companies:
| Company | Stock’s Previous Weekly Close | Current Weekly Close | Change | Percentage Change |
| Amprius Technologies (AMPX) Â | $3.78 | $5.29 | + $1.51 | + 39.95% |
| C3.ai (Ai) | $28.74 | $28.71 | – $ 0.03 | —7.94% |
| Enphase Energy (ENPH) | $133.99 | $132.14 | – $ 1.85 | – 1.38% |
| Enovix Corp. (ENVX) | $13.43 | $12.52 | – $ 0.91—$0.91 | – 6.78% |
| First Solar (FSLR) | $170.39 | $172.28 | + $1.89 | + 1.11% |
| GigaCloud Technology (GCT) | $14.86 | $18.29 | +Â $3.43 | + 23.00% |
| Intel Corp. (INTC) | $48.00 | $50.25 | +Â $2.25 | + Â Â 4.69% |
| Mobileye Global (MBLY) | $42.95 | $43.32 | + $0.37 | +  0.86% |
Note: Bolded are new Positions and Companies not listed from the previous week are sold-out positions.
Now let’s check the performance of my O2W portfolio over the past week:
Options2Wealth Options Portfolio:
| Company | Option | Quantity | Purchase Price | Weekly Close* | Price Change | Current Value |
| Ai | Jan 19, 2024, $30 calls | 15 | $3.00 | $1.31 | – $ 1.69 | $ 1,965.00 |
| AMPX | March 15, 2024, Strike Price $6.00 | 25 | $0.65 | $0.60 | – $ 0.05 | $ 1,500.00 |
| ENPH | Jan 19, 2024, $115Â calls | 5 | $7.85 | $18.50 | +$10.65 | $Â 9,250.00 |
| ENPH | Feb 16, 2024, $170 calls | 6 | $5.50 | $3.30 | – $ 2.20 | $  1.980.00 |
| ENVX | Jan 19, 2024, $12.50 calls | 10 | $1.55 | $0.85 | – $ 0.70 | $    850.00 |
| FSLR | January 19, 2024 calls, $170Â calls | 15 | $5.88 (Average) | $8.35 | +$2.47 | $12,525.00 |
| FSLR | Feb 16, 2024, Strike Price: $190 | 6 | $6.10 | $5.10 | – $ 1.00 | $ 3,060.00 |
| GCT | February 16, 2024, Strike Price: $20 | 19 | $1.61 (Average) | $1.55 | – $ 0.06 | $  2,945.00 |
| INTC | Feb. 16, 2024, $50 calls | 30 | $0.85 | $2.97 | +$Â 2.12 | $Â 8,910.00 |
| INTC | Feb. 16, 2024, $55 calls | 50 | $0.30 | $1.15 | + $ 0.85 | $Â 5,750.00 |
| MBLY | Feb. 16, 2024, $50 calls | 30 | $1.08 | $0.90 | – $ 0.18 | $ 2,700.00 |
| Available Cash | Â $3,726.73 | |||||
| Total Portfolio Value | $53,181.73 |
*Bid Price Â
Options2Wealth Portfolio Snapshot (Week ending December 29, 2023):
|
Current Week |
Previous Week | Weekly Change | Weekly % Change | Total Current Value | YTD % Change* |
Avail. Cash |
| $53,181.73 | $56,646.28 | – $ 3,463.55 | – 6.11% | $53,181.73 | +431.82% |
$3,726.73 |
* Â Portfolio’s start date: September 5, 2023
Final Thoughts:
Even though my O2W portfolio’s performance in little less than 4 months has been pretty good, I am clearly not pleased to see my portfolio close on a down note in the last trading week of 2023…But being an eternal optimist, I am very confident that 2024 will be great year for my portfolio!
🙂
Onwards and upwards!
karim
DISCLAIMER:Â I am not a licensed broker or securities dealer. All postings made here are strictly for my personal record keeping and in no way, shape or form, am I even remotely suggesting others to follow my Buy and Sell moves. Trading options is not for the faint of heart as one’s portfolio can move up, or down 10%-50% or more during a single trading day, so trade with extreme caution. Past performance is no guarantee of future results.
Full Disclosure: I own options in the stocks of companies mentioned in my posts.