Weekly Summary #
| Metric | Current Week | Last Week | Change ($) | Change (%) |
|---|---|---|---|---|
| IBKR Portfolio Market Value | $82,860 | $83,170 | -$310 | -0.37% |
| Binance Portfolio Value | $211,608.90 | $211,416.74 | +$192.16 | +0.09% |
| Total Portfolio Value | $294,468.90 | $294,586.74 | -$117.84 | -0.04% |
| IBKR Unrealized P&L | -$17,630 | -$16,080 | -$1,550 | -9.64% |
| Buying Power | $445,700 | $442,600 | +$3,100 | +0.70% |
| Total Cash | $57,400 | $56,800 | +$600 | +1.06% |
| Binance Today’s PNL | +$534.82 | n/a | n/a | n/a |
Open Positions #
IBKR Positions #
| Symbol | Quantity | Cost Basis | Market Value | Unrealized P&L |
|---|---|---|---|---|
| ATOS | 80 (0) | $3,542 (0) | $184.00 (+$32.80) | -$3,358 (+$33) |
| BLZE | 100 (0) | $2,271 (0) | $1,440 (+$106) | -$831.16 (+$106.00) |
| BLZE OCT 16 ‘26 12.5 Put | -5 (0) | -$521.56 (0) | -$129.73 (+$195.27) | +$391.83 (+$195.27) |
| PSFE | 50 (0) | $2,992 (0) | $269.50 (-$52.00) | -$2,723 (-$52.00) |
| SPCX Oct 125/140 Bull Call | -5 (0) | -$6,053 (0) | -$7,327 (-$981.00) | -$1,274 (-$980.48) |
| UBER | 500 (0) | $46,048 (0) | $34,005 (-$825.00) | -$12,043 (-$825.00) |
Binance Positions #
| Symbol | Quantity | Cost Basis | Market Value | Floating P&L |
|---|---|---|---|---|
| RWUSD | 131,581.7019959 (+91.05276736) | — | $131,591.31 (+$100.65) | n/a |
| WBETH | 26.32907119 (0) | — | $78,843.45 (+$140.55) | n/a |
| GRAM | 510.66351529 (+0.09792421) | — | $783.81 (-$33.50) | n/a |
| EURI | 261.8283916705 (+0.0562040351) | — | $294.38 (-$3.58) | +$10.70 (+3.78%) vs +$14.84 (+5.24%) |
| G | 16,089.787107 (0) | — | $76.74 (-$11.58) | n/a (last week -$495.75 / -84.88%) |
| CATI | 190.34564294 (0) | — | $12.38 (-$0.13) | n/a |
Positions Entered This Week #
No new positions were opened this week.
Positions Closed This Week #
No positions were closed this week.
Analysis & Notes #
- Total portfolio was nearly flat, down just $117.84 (-0.04%). IBKR lost $310, while Binance gained $192.16.
- IBKR unrealized losses deepened by $1,550 to -$17,630. The main drivers were the SPCX short bull call spread (-$980.48) and UBER (-$825), partially offset by BLZE (+$106) and ATOS (+$33).
- SPCX Oct 125/140 Bull Call was the worst performer this week. The short call spread’s market value fell from -$6,346 to -$7,327, widening the loss from -$293.52 to -$1,274. This suggests the underlying moved against the short spread, increasing the cost to close.
- UBER remains the largest single-stock loss at -$12,043, down another $825 this week. The position is now $12K underwater on a $46K cost basis.
- BLZE short put improved by +$195.27 as BLZE stock rose $106 in market value, reducing the put liability from -$325 to -$129.73.
- PSFE slipped $52, continuing its weak trend.
- Binance: WBETH (+$140.55) and RWUSD (+$100.65) were the main positive contributors. GRAM fell $33.50, and G declined another $11.58. G’s previous floating P&L was -$495.75 (-84.88%), and while current P&L is not shown, the market value decline suggests continued pressure.
- EURI remains stable with a small positive P&L of +$10.70, though slightly lower than last week’s +$14.84.
- Buying power increased by $3,100 to $445,700, and total cash rose $600 to $57,400, providing flexibility.
- No new positions were opened or closed; minor quantity changes in RWUSD, GRAM, and EURI are likely from staking or rewards.
UBER Covered-Call Review #
Position: 500 shares at a $92.10 cost basis; last close $68.11; unrealized P&L −$12,043.
Every UBER short call since the position was opened:
| Opened | Contract (×5) | Premium | Exit | Buyback | Realized |
|---|---|---|---|---|---|
| Oct ‘25 | Nov 21 ‘25 96C | $2,347 | 21 Nov ‘25 | $165 | +$2,182 |
| Dec ‘25 | Jan 16 ‘26 92.5C | $1,124 | Jan ‘26 | $134 | +$990 |
| ~Apr ‘26 | May 15 ‘26 78C | $1,537 | expired worthless | $0 | +$1,537 |
| 18 May ‘26 | Jun 18 ‘26 78C | $1,121 | 11 Jun ‘26 | $25 | +$1,096 |
| Jun ‘26 | Jul 17 ‘26 70C | $1,676 | 17 Jul ‘26 | $950 | +$726 |
| 21 Jul ‘26 | Aug 21 ‘26 75C | $1,547 | 5 Aug ‘26 | $125 | +$1,422 |
| 7 Aug ‘26 | Aug 21 ‘26 75C (re-sold) | $1,063 | rolled 21 Aug | $1,740 | −$680 |
| 21 Aug ‘26 | Sep 18 ‘26 75C | $2,591 | 9 Sep ‘26 | $475 | +$2,114 |
| Total | $13,006 gross | $3,614 | +$9,386 net |
- Net realized covered-call income: +$9,386 (gross premium $13,006 less $3,614 of buybacks/rolls).
- This offsets roughly 78% of the current $12,043 stock loss.
- Net UBER P&L: −$2,657 (−$5.31/share).
- Effective break-even ≈ $73.32/share ($92.10 cost basis − $18.77/share of call income).
- No covered call is currently open — the full 500-share downside is exposed.
Recommendation: Re-establish call coverage on up to 5 contracts.
| Approach | Strike | Rationale |
|---|---|---|
| Balanced (recommended) | $75 (~4–6 weeks) | ~10% OTM; the level that rolled successfully before. Allows recovery toward the $73.3 effective basis while still paying premium, and keeps the first ~$7/share of upside. |
| Income-max | $70–$72.5 | Near-the-money, richest premium; only if neutral/bearish. |
| Recovery-max | $80–$85 | Thinner premium, more room if UBER mean-reverts toward cost basis. |
Avoid ITM / very low strikes (<$70). Check UBER earnings timing: if it falls inside the chosen expiry, sell a further strike ($78–80) or wait until after. Consider selling only 3 contracts to retain upside participation.
📊 Charts #
