Well today’s the day for the outcome of the first AI recommended trades. The backstory is here and it achieved the desired results but to recap: For January, I bought 100 shares of IWM at $247.05 then This trade should yield either a gain of 1.39% or a loss of 0.01% (couldn’t get it to…
Category: Investments
Covered Call ETFs And The Pareto Distribution
I started researching and analyzing covered call ETFs to see what was new and innovative but after coming across 140 different variants of nearly the same thing I stopped. It then occurred to me to simplify my search and look at things through the lens of the Pareto Distribution. In a nutshell the Pareto principle…
AI, IWM And Options Strategies
I don’t know if AI is trying to placate me or if we think in the same way but it is satisfying that it is validating my trading strategy even though it sometimes has better ways to execute it. To that end, I’ve been investing a great deal in IWM for a while now, the…
Using AI As A Constructive Criticism Agent
I have been building a variety of tools over the past few months largely to help me with my investment portfolio and personal life but in this post I am going to tell you how I’m putting some of it all together although this is just going to be one small piece. I recently built…
Exercised $25,000 In Puts
Not all trades are winners and that’s ok but the important thing is that your trades don’t lose you money and that’s the case today with Etherium and Bitcoin ETF trades I made a while back. Options expiry is tomorrow and I had hoped these digital currencies might rally but it was a bridge too…
Built A Financial Dashboard And Credit Card Spend/Rewards Dashboard
I don’t know how Quicken/Intuit will survive, in less than an hour, I built my own financial dashboard and credit card spend and rewards dashboard and it did everything right whereas Quicken made endless errors last time I used it. Financial Dashboard I have a ton of bank accounts and getting a full picture of…
Creating Synthetic Bonds That Beat SPY?
I entered a trade today to test a theory. The premise is around creating a synthetic bond using stocks and option collars. I entered the trade above and then asked ChatGPT to do a comparison. AI Response Below is a clean, apples-to-apples risk-adjusted comparison between your RBLX collar, 1-year T-bills, and SPY, using standard finance…
Gemini Is Amazing, Getting Paid To Wait
I continue to tweak my financial apps and now I am adding some “quality of life” features to them to make things even easier for me. The latest iteration of my put ratio application is down below with some enhancements. I would like to pick up some QQQ but there is no way I am…
First AI Driven Trade – Outcome On January 30
Here are the executions of the first batch of AI driven trades. Back on January 2, I entered two trades based on AI recommendations. The goal was to earn ~1% return within a 30 day window and have zero or minimal losses. Here is the screen shot of the executed trades. Note that the values…
Tweaking My AI Apps
I’ve now had a few weeks with my AI built financial trading apps and I am now tweaking and slowly upgrading the capability. I have discovered that AI was giving me some unusual option trades and they were so intriguing that I’ve now changed my mindset around what I was trying to do because AI…