Note: As stated in the first article for the GTC Sample Portfolio, we’re keeping our quantitative processes private; but will share the moves we make on an actual portfolio, and then show the results via a Grid / VAMI and performance statistics. And please note our risk statement. You can find the previous post for the GTC Sample Portfolio here.
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Well. It’s been some time since we have posted an update of the trades we have taken in the GTC Sample portfolio.
We haven’t forgotten about our ‘GTC Traders’ brand here. Not at all. In fact, we’re quite busy with our project here. But we have simply been busy with posts and updates to both Tier 1 and Tier 2 Members, with trades as they occur? That we had sort of forgotten that it had been a while since we have updated the trades in the various programs here at the public site. So let’s do that …
Equity Income Hybrid Core:
We still have all of the longer term positions for the purpose of building up an Income account. We’ve really only begun to build out this program.
At our last public update, we had bought 219 of SH at $11.47 on July 24th, though we sold that position on August 14th at $11.50. On September 3, 2024, we bought 254 shares of TBIL at $49.84; selling them on September 10th at $49.88. Then again on September 10th, 2024, we bought 219 shares of SH at $11.57, and continue to hold that position at the time of this writing.
At the moment this portion of the portfolio is currently paying an average monthly income of $17.94; and the Yield on Cost is about +3.05% and growing. At the moment, we are rolling such income back into similar future purchases. Year to date, for 2024 that account is at +4.98%. Currently, the positions consist of …
6 shares of Medtronic (MDT) at $82.979
3 shares of International Business Machines (IBM) at $170.06
30 shares of Invesco’s Emerging Markets Sovereign Debt ETF (PCY) at $18.72
13 shares of Invesco’s S&P 500 High Dividend Low Volatility ETF (SPHD) at $42.31
9 shares of SPDR’s Utilities Sector Fund ETF (XLU) at $62.22
6 shares of SPDR’s High Yield Bond ETF (JNK) at $91.17
13 shares of Kroger (KR) at $45.92
1 share of Coscto (COST) at $506.90
3 shares of Union Pacific (UNP) at $206.73
13 shares of Wells Fargo (WFC) at $41.82
4 shares of Diageo PLC (DEO) at $152.06
15 shares of WisdomTree’s U.S. Efficient Core Fund at $35.67
3 shares of Chicago Mercantile Exchange (CME) at $198.48
And beyond that, at the moment we are simply counting the dividends and capital deposits as they come in. I think for the month of October (thusfar), we are down -0.57% at the moment, but that is before any dividends that have come in.
Long-Short Valuation Process:
At the last update, we had a short position against the S&P 500 Index, by purchasing 100 shares of SH at $11.47 from July 24, 2024. We sold that position at $11.38 on September 11th, 2024. We sold the 425 shares of TBIL on September 30th at $50.03
We then re-bought 425 shares of TBIL at $49.84 on October 1st.
At the moment? The Long-Short Valuation book stands at +0.26% for the month of September; and we’ve added about 36 BPS this month in the positive; and so stand at +5.81% for the year. We haven’t had any negative months thus far in the year.
Short-Term Trading:
From our last update, on August 14th, 2024 we bought 28 shares of QQQM at $191.23; 20 shares of SPLG at $64.06; 40 shares of TLT at $97.84 and 125 shares of SHY at 82.66. We bought 225 shares of SH at 11.49 and 116 shares of TBF at $22.29.
On August 22nd, we sold off almost everything we had, and went to cash. We exited SPLG at $65.98; QQQM at $198.63; TLT at $97.87 and SHY at 82.65. We sold SH at $11.17 and TBF at 22.31. We also had a number of option positions we closed down; all of them profitably. We exited the USO 69 Put at 0.23 (from selling it, previously mentioned at 0.23). We closed down the PLTR 23 Put at 0.10 (From 0.18); the CMG 48 Put at 0.15 (from 0.34); the TLT 104 Call at 0.24 (from 0.33); the TLT 91 Put at 0.12 (from 0.30) and finally the QQQ 420/410 Put spread at 0.08 (from the previously mentioned 0.34).
We did not have much in September. We took it … well … very easy for a number of reasons. We did have a quick 1 DTE SPY Day trade that garnered 17 BPS.
Then in October, we sold 1 November 1, USO 66.50 put naked.
That should catch us up.
Remember, that we are run a 7 day free trial for Tier 2 Members, in which we discuss the quantitative why, and how of these trades.
Stay safe and trade well …
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Disclaimer: None of the thoughts or posts at GTC Traders / gtctraders.com constitutes a recommendation that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. None of the information providers or their affiliates will advise you personally concerning the nature, potential, value or suitability of any particular security, portfolio of securities, transaction, investment strategy or other matter. GTC Traders simply writes such articles to delineate their thoughts for their own edification; as they allows ones to ‘look over their shoulder’ through such posts. All thoughts posted are simply individual thoughts as to process as of the time of writing, and are subject to change without notification to readers of this website. Stocks and options trading involves substantial risk of loss and is not suitable for every investor. The valuation of stocks and options may fluctuate, and, as a result, any trader may lose more than their original investment; especially in the case of the use of options. Any content on gtctraders.com should not be relied upon as advice or construed as providing recommendations of any kind. It is your responsibility to confirm and decide which trades to make.