I sold Western Union at $16.94. I did some TA on this and I estimated price will reach this level before dropping. I made money from premiums for 2 months selling call options. The total profit is around $3K, I could have done better, but it's my learning journey. The reason I let it go so fast is due to the reasons from my previous blog post.
I initiated positions into MasterCard ( MA ) at $78.10. I chose MA over Visa as MasterCard has a more robust balance sheet and expected to have faster growth. That's all. that's the only reason. Will pick up Visa in the future, but I saving my cash for better opportunity.
As of now my holdings are:
Q: People ask me, how many transactions I go roughly a year?
A: Last year I did 65 transactions. I don't spend a lot of time, roughly about 1 hr a month.
Have a great weekend