Happy 48 and 49!

 

I got lazy in 2022... and didn't write any posts. 

I may be more active this year, because,

I hear so many new things lately such as: inflation, probable mild recession, CBDC, 15-minute cities, climate lock downs, NFTs... I need to sort them all out for myself. That will results in some posts, since that is how I detangle the information for myself. 

I also got a new hobby: Taxidermy. A totally appropriate hobby for a pathologist. I think. If I was a pediatrician or a psychologist, that might be a bit strange. 

Here is my beautiful exemplar:

If anyone wants to buy it, let me know. 

Why mouse?
A mouse is small and easy to handle. I had a chance to work on a deer hide and it was too large and too heavy for me to handle. Also during shampooing the fresh deer fur, some bug, probably a flea, jumped onto my arm from the fur. That made me to stop thinking about deer as future specimens, and squirrels too, because they all live in the wild and definitely have flea. I watch the squirrels outside, scratching all the time. I don't want to bring any flea inside the house. 

So, I decided to stay with very clean mice, which I get frozen at the pet store from the snake food freezer.

 

  

How to appeal property taxes increase

 

We have a piece of land about 1 hour away. It is purely recreational. It is mostly up the hill and 95% of it is wooded. There is a little, falling apart, shed built by the pervious owner. The access road is not in good condition and it it rains, you better don't go there, you might get seriously stuck in the mud. Basically 10 acres of woods with a small spot for an occasional picnic.

Last Friday I received a letter from the county, saying that the property value will increase form $53,000 to 93,000.

Which means, that the yearly property taxes will double.

Considering usability of the land, I felt is not appropriate at all.

My first thought was to put that land up for sale. But it is not an easy piece to sell. In may hang out there on the realtor.com for months. And during that I will have to pay the double taxes.

The updated property value will be visible to buyers and if I adjust the sale price higher, it will never sell. if I keep it low, the byers may think that something is seriously wrong with the land. What to do?

The county letter gave a phone number to call with questions but gave only one week time for the calls.

On Monday I started my research. My plan was to call them surprised about the tax increase, and staying friendly, ask why did it happen, explain that the value actually only went down and ask to adjust the value back to $53,000. If That wouldn't work, I already composed an appeal letter to mail to them. Writing the letter helped me to organize the arguments for my phone call.

I called and asked friendly to connect me to someone who can help me with the issue of the property value increase which I thought could not double in a mysterious way.

The woman on the phone said that she can talk to me. She explained that they have to adjust the property values to the current market prices and that was the reason for the increase.

I replied that the property is very difficult to access, especially on the rainy days there is basically no way in or out. That the shed is falling apart and we don't even enter it. That a house opposing the entrance road is a hoarder house with a lot of junk outside. And that there is no way it would be a desirable place for someone to build a house.

I had to give her the parcel number, she looked it up, and said that with all those details she will be able to depreciate the property to $56,000.

I thanked her and was happy that it was sorted out on the phone and I didn't need to mail my appeal letter.

Below is a summary of my research of what is needed for the preparation of the appeal.

If you believe that your property taxes were increased unfairly, you have the right to appeal the assessment. Here are the steps you can take to appeal the tax increase:

1. Understand the process: Before you begin, it is essential to understand the process of appealing property taxes in your area. You can start by contacting your local tax assessor's office or visiting their website to learn more about the appeals process.

2. Gather information: Gather all the information you can about your property and the tax increase, including your most recent property tax bill, property records, and any documentation that shows the value of similar properties in your area.

3. Check for errors: Review your property tax bill and assessment to see if there are any errors. Errors in the assessment, such as incorrect measurements or a mistake in the property classification, could result in an incorrect tax bill.

4. File an appeal: If you decide to appeal, you will need to file a written appeal with your local tax assessor's office. Be sure to include all the information you have gathered and any supporting documentation.

5. Attend a hearing: Once your appeal is filed, you may be invited to attend a hearing where you can present your case to a board or panel of assessors. Be sure to bring all relevant documents and evidence to support your case.

6. Await a decision: After the hearing, the board will review the evidence and make a decision. If your appeal is successful, your property taxes will be adjusted accordingly. If your appeal is denied, you may have the option to appeal the decision further.

Remember that the appeals process can vary depending on where you live, so be sure to research the specific procedures in your area.

Appeal letter:

Dear [Tax Assessor's Office],

I am writing to appeal the recent increase in property taxes on my [insert property type here] located at [insert property address here]. I was surprised to receive the new tax bill as the property's value has not increased, and no improvements have been made to the property. In fact, the road access to my property has deteriorated, and there have been no changes compared to previous years.

Additionally, I want to bring to your attention that my property has no water, sewer or electricity connection, which significantly reduces the value of the property compared to other similar properties in the area.

I have reviewed the assessment of my property, and I believe there may have been an error in the valuation. I have gathered information about similar properties in the area that have been assessed at a lower value, and I believe that my property's assessment should be adjusted accordingly.

I respectfully request a review of my property's assessment and tax bill. Enclosed, please find copies of my property records and other relevant documents that support my appeal.

I would appreciate the opportunity to attend a hearing to present my case to a board or panel of assessors. Please inform me of the date and time of the hearing, and I will make arrangements to attend.

Thank you for your attention to this matter.

Sincerely,

[Your Name]

Relevant documents to submit:

When appealing a property tax increase, it's important to include as much relevant documentation as possible to support your case. Here are some documents you may want to consider including:

1. Your most recent property tax bill
2. Property records, including the current assessment and valuation of your property
3. Documentation of any improvements or changes made to your property
4. Copies of property records for similar properties in your area, including their assessed values and taxes paid
5. Documentation of any factors that may reduce the value of your property, such as lack of water, sewer or electricity connection, or road access problems
6. Appraisal reports, if available
7. Any correspondence with the tax assessor's office regarding your property assessment
8. Any other relevant documentation or evidence that supports your appeal.

Including as much relevant documentation as possible can strengthen your case and increase the likelihood of a favorable outcome.

Attaching photos of problem areas to your appeal letter can be helpful in supporting your case. Photos can provide visual evidence of any issues or factors that may reduce the value of your property, such as poor road access, lack of water or sewer connection, or any other damage or issues that may affect the value of your property.

Including clear and detailed photos can help the assessors better understand the issues you are facing and provide them with more context when considering your appeal. Make sure to label each photo and provide a brief explanation of what it depicts.

If you have any questions or concerns about what to include in your appeal letter or what documentation to attach, you can contact the local tax assessor's office for guidance. They can provide you with more information on what types of documentation and evidence are most effective in supporting an appeal.

To obtain copies of property records for similar properties in your area, including their assessed values and taxes paid, you can contact your local county property appraiser or assessor's office. These offices maintain records of all properties in the county and can provide you with information on the assessed values and taxes paid for properties similar to yours.

You can also access this information online in some areas. Many counties have a website that allows you to search for property records, including assessments and taxes paid, by property address or owner name.

If you are having difficulty finding the information you need or have any questions, you can contact the property appraiser or assessor's office directly for assistance. They can provide guidance on how to access the information you need and help you with any questions or concerns you may have.

Tax advantaged contributions for 2023

 

Contribution limits for 401k, 403b and most 457 plans are increased to $22,500.

For people over 50 - catch-up contributions are additional $7,500.

Traditional IRA and Roth IRA: $6,500.
For people over 50 - catch-up contributions are additional $1,000.

HSA: $3,850 for single and $7,750 for family.
For people over 55 - catch-up contributions are additional $1,000.

Tax advantaged account contributions for 2022

 

Contribution limits for 401k, 403b and most 457 plans are increased to $20,500.

For people over 50 - catch-up contributions are additional $6,500.

Traditional IRA and Roth IRA: $6,000.
For people over 50 - catch-up contributions are additional $1,000.

HSA: $3,650 for single and $7,300 for family.
For people over 55 - catch-up contributions are additional $1,000.

The cutest cat in the whole world?

 

https://www.youtube.com/watch?v=AHt4ImYadCQ

It is my post number 96. Getting pretty close to 100. But I am not waiting till 100, I am already celebrating. With a funny cat post. 

Last weekend my daughter and I we were playing with the animal talking app and that is what came out of it.

This cat in the video has my voice, distorted of course, to make it sound like a cat. But some people recognized me by the melody of the voice. So this post is not entirely incognito, some may recognize me... 

Finally Corona came very close to me... 9

COVID-19 visited our house and stayed for the last 3 weeks as a guest.

First my 11 years old daughter had some slight headache for 2 days, only in the evenings. No fever, cough or anything else. She complained about some muscle pain but we thought it was because of the exercise at her GYM in school. That was it. We didn't even think that it could be COVID. 

3 days later my husband, 47 years old, started to have headache and fever. It was getting progressively worse, he also had muscle pain and middle of the second week there was also some cough. He was sleeping a lot and had general weakness and shortness of breath. His test was positive. His symptoms were the same as mine on the day after my vaccine, but for the length of 2 weeks. He recovered. His main disappointment is that he didn't overcome it in only two days as he expected. 

All that time I had nothing. My test was negative. Maybe because of my very strong reaction to the vaccine, any COVID particle dies immediately on contact with me... My immune system now has thousands of tiny loaded guns pointed at any trying COVID particle.

375 days of torture versus 325 days of joy?

If you would have a limited time to live, what would you pick? 375 days of torture or 325 days of joy? 

A rather interesting article appeared on my news feed a few days ago: "Small Changes in Diet Could Help You Live Healthier, More Sustainably". 

The first paragraph stated: "Eating a hot dog could cost you 36 minutes of healthy life, while choosing to eat a serving of nuts instead could help you gain 26 minutes of extra healthy life, according to a University of Michigan study." 

I decided to read it because I would be the one losing 36 minutes.

The second paragraph explained: "The study, published in the journal Nature Food, evaluated more than 5,800 foods, ranking them by their nutritional disease burden to humans and their impact on the environment. It found that substituting 10% of daily caloric intake from beef and processed meats for a mix of fruits, vegetables, nuts, legumes and select seafood could reduce your dietary carbon footprint by one-third and allow people to gain 48 minutes of healthy minutes per day." 

I will not talk about the environmental part of this report. 

Much more interesting is the health part because it threatened to shave off a large number of years from my life. 

Below are select images used in the article. If you want to read the entire article, here is the link.

Source link: Nature

Source link: Nature

I eat mostly foods from the left side on the last image. Based on that and the suggestions on minutes gained or lost I would lose about 24-25h per week. I lose that much time because I almost always eat way more than one serving of what is mentioned. 
That is about 50 days per year and about 500 days (maybe 1.5 year each 10 years). Then by age 80 I will lose about 5 years of life. The authors are hedging and calling is "loss of healthy minutes", not just loss of life time.  

If I make a mental exercise and calculate how much "healthy life" will I gain if I eat foods only from the right side of the image, I would gain 5 h per week, or 10 days per year. However eating those foods will make my life a torture. 

I would curl on the floor with stomach pain. Those will not be "healthy minutes" for me. Most of the foods on the right side give me either stomach pain or some other kind of indigestion. 

This comparison makes it crystal clear to me that I need to use all my remaining time to eat what I really like and what doesn't cause me discomfort. I don't want to waist any of my time on what I don't like to eat. 

What would I prefer if there was only one year of life left but I could extend or shorten it by what I eat?
I could gain 10 days by torturing myself every day and have 375 days (of torture)? 
Or I could lose 50 days and only have 325 days left to live, but that would mean enjoying every meal, feeling great and strong every day and not have any pains?  

Now I really want my steak.

Real estate versus REITS? Monthly updates

 

My friend R. is brave. He is buying real estate and rents it out. That requires capital outlay and dealing with renters. 

I am not so brave. I don't want to commit significant capital to one or two particular items and I don't want to deal with renters. 

A lot of time will be spent on looking for the property, finding and screening renters, dealing with repairs and complains.
What if one of the renters turns out to be aggressive or crazy? When I was renting some time ago, the woman  in the apartment above said that her cats are attacking her and decided to flood the apartment to get the cats out.
Or what if there will be an eviction moratorium like it happened at the verge of Covid-19 epidemic? The property owners still had to pay the mortgage but couldn't get any rental income. 

I feel more comfortable to research the alternatives online, maybe find some real estate stocks and have them instead of the "real" real estate. Owning real estate stocks may be overall more risky and less profitable. The risks are of a different kind: stocks don't appreciate as much and the dividends don't increase like the rent does with the inflation. Taking those risks will be my "pay" for that potential difference in the appreciation and for not needing to deal with renters. 

On the equity markets  there are different options  available. Some REITs are owning mortgage contracts and some own real life real estate. Some own malls or office buildings, some own residential real estate or medical facilities. 

I am getting a mixture of several types.

Periodically (at least yearly) I will compare the two ways owning real estate of using stocks. I am curious to see how much will I "pay" for avoidance of dealing with renters.  

One of B.'s houses was purchased in cash, $225,000 and it brings in $1,500 rent per month. This is before property taxes, insurance, possible fixing costs. Removing those additional costs it may be about $1,250. I am not really sure, I am trying to stay conservative. 

This would be 6.7% return on the investment. That is before income taxes. If I use REITs, the dividends will be taxed at the same rate as rental income unless you have a corporation or some other entity for your rental properties which would be additional pain for me. If I can make 6.7% per year in dividends then this "rental income" will be comparable to the above example of a condo for $225,000. 

I am OK with less appreciation because my preferences are on the cashflow site versus long term appreciation. I want to have the money now, a steady cash flow all the time. I don't know when I die, and if it happens suddenly and early, I will not benefit of long term appreciation.  

I already have one group of REITs which I kept for several years. The total amount invested is $211,253 and this portfolio group gives me dividends calculated per month $1,184. This is 6.72%, which is pretty much the same what R. gets from his rental property. 

R. just got another rental property for which he didn't pay cash but used mortgage. 
I am starting another REITs group with which I will have a bit more work and will use leverage too (since mortgage is leverage). 

I selected a few REITs and I will use a mix of holding, trading and options use.

The property is  again $210,000 and after 20% down there is a mortgage on the remaining 80%. He gets $700 after all other expenses including mortgage payment. The mortgage will be paid off in 30 years but I am not interested in comparing profits after that because I might be already dead by then, and if I am not, I hope I will not need to worry about any small differences. 

So after leveraging 80% there are $42,000 which he paid in cash. With $700 rental income that will be 20% on the cash outlay.   

I am not sure that with my second REITs portfolio I can get 20% return. I think that will be quite difficult. It will also require more work. I am curious to see what I can reach. If I will get over 10% I will be OK with that. If I will get less than 6.7% , I will stop active work on this group and convert it into a passive one like my first group which gives me 6.7% with no work.  

This post will be updated with the data. 

July 2021

Cash flow:

Stocks: 0
Options: $1,453
Capital: $80,000  

OHI -2Jul21 $37 put: $100
OHI -2Aug21 $36 put: $190
CTRE -8Aug21 $22.5 put: $274
MPW -10Aug21 $20 put: $443
SBRA  -10Aug21 $17.5 put: $446

Total cash flow for July 2021: $1,453 - 1.8%
Cumulative for year 2021: $1,453 - 1.8%

August 2021

Stocks: 0
Options: $338

Capital: $80,000  

OHI -2Sep21 $36 put: $338

Total cash flow for August 2021: $338 - 0.4%
Cumulative for year 2021: $1,791 - 2.2%

September 2021

Stocks: $1,823
Options: $394

Capital: $80,000

DOC stock: $370
MPW stock: $1,453
CTRE -8Oct21 $22.5 call (covered): $394

Total cash flow for September 2021: $2,217 - 2.8%
Cumulative for year 2021: $4,008 - 5.0%

October 2021

Stocks: $950
Options: $0
Dividends: $441

Capital: $80,000

DOC stock: $265
DOC dividend: $230
CTRE dividend: $212
MPW stock: $685

Total cash flow for October 2021: $1391 - 1.7%
Cumulative for year 2021: $5,399 - 6.7%

November 2021

Stocks: $0
Options: $0 
Dividends: $568

Capital: $80,000

SBRA dividend: $300
OHI dividend: $268

Total cash flow for November 2021: $568 - 0.7%
Cumulative for year 2021: $5,968 - 7.5%

December 2021

No trades or dividends

Total for 2021 (July - December) - 7.5%

January 2022

Stocks: $1215
Options: $0 
Dividends: $0

Capital: $80,000

Total cash flow for January 2022: $1215 - 1.5%
Cumulative for year 2022: $1215 - 1.5%

February 2022

Stocks: $0
Options: $0 
Dividends: $434

Capital: $80,000

Total cash flow for January 2022: $434 - 0.5%
Cumulative for year 2022: 1649 - 2%

March 2022
No trades or dividends

April 2022

Stocks: $0
Options: $0 
Dividends: $514

Capital: $80,000

Total cash flow for January 2022: $514 - 0.6%
Cumulative for year 2022: $2163 - 2.7%

  

May 2022

Stocks: $0
Options: $0 
Dividends: $434

Capital: $80,000

Total cash flow for January 2022: $434 - 0.5%
Cumulative for year 2022: $2597 - 3.2%

June 2022
No trades or dividends

July 2022

Stocks: $0
Options: $0 
Dividends: $514

Capital: $80,000

Total cash flow for January 2022: $514 - 0.6%
Cumulative for year 2022: $3111 - 3.9%

August 2022

Stocks: $0
Options: $0 
Dividends: $434

Capital: $80,000

Total cash flow for January 2022: $434 - 0.5%
Cumulative for year 2022: $3545 - 4.4%

September 2022
No trades or dividends

October 2022

Stocks: $0
Options: $0 
Dividends: $514

Capital: $80,000

Total cash flow for January 2022: $514 - 0.6%
Cumulative for year 2022: $4059 - 5.1%

November 2022

Stocks: $0
Options: $0 
Dividends: $434

Capital: $80,000

Total cash flow for January 2022: $434 - 0.5%
Cumulative for year 2022: $4493 - 5.6%

December 2022

No trades or dividends

Total for 2022 (January - December) - 5.6%

Summary: 2022 was the year with markets going down. I didn't make any trades except in January. 
The total cash flow for 2022 with dividends only was 5.6%, Compared to 2021 where I did some trading in addition to the dividends it was less: 5.6% in 2022 versus 7.5% in 2021 (July-December only). 

Without doing any trades, getting dividends only, I get 5.6% per year. For now I will just wait till markets stabilize. If I will do any more trades, I will add below.  

Is Corona coming back? 8

Today there was an email saying that at our hospital system we are all going back to universal masking regardless of vaccination status and that all in person public events will be cancelled.

The reason is that in the last 7 days the Covid-19 related admissions have tripled from  46 to 120. 

Let's see how the graphs are looking on the www.worldometers.com. 

  

The new cases are not as relevant as the deaths. The case numbers depend on how much is tested but the deaths are independent from that and are better indicator of the real picture. 

The deaths stick up a bit in the last weeks. That makes me sad because it looks like restrictions might be coming back... 

Royal Caribbean options play. Monthly updates

 

Our family likes to go on cruises with Royal Caribbean. 

They cruises are expensive but enjoyable. 

Recently I found something new to me: Royal Caribbean will give you a statement credit if you own their stock. 

At this time, after they were hit by Corona, their stock is still relatively low and I decided to look into it, to see if I can do anything with that.

Here is the link to the official site with the complete information to stockholder benefits.  

The summary for RCL shareholders as of July 2021:

1. Any shareholder of a minimum of 100 RCL shares at the time of sailing can get $250 onboard credit per Stateroom of 14 or more nights, $100 credit for 6-13 nights and $50 credit for 5 night or less. 

2. The credit is per room, not per person. 

3. Check the eligibility when booking (applicable on any eligible Royal Caribbean or Celebrity Cruises, excluding carters and Galapagos sailings). 

4. Two-three weeks prior to sail date you can mail, fax or email the proof that you own RCL shares with the current brokerage statement or a current trade confirmation  along with your  sailing date, name of vessel and reservation/booking number. Email to shareholderbenefit@rccl.com. You can complete your Shareholder Onboard Credit Offer Request electronically here.

5. Only one shareholder credit per stateroom on any one sailing, based on double occupancy. one shareholder credit per stateroom, and one credit per shareholder per sailing.

6. you may request this benefit multiple times-as often as you sail on Royal Caribbean International or Celebrity Cruises.

7. Onboard credit may not be used for onboard service charges or pre-purchased activities. Any unused credit after the final night of the sailing shall be forfeited and is not redeemable for cash.

With questions you can call the Shareholder Benefit Team: (954) 628-9325, option #3.

What can I do to get more than that? 

My thoughts were:

Option 1:

I can buy RCL shares (current price $85.51 at the time of writing/thinking) and hold them. I will get the statement credit when I book and I will get the dividends for holding the stock.

Option 2:

I can use options and not own the stock outright. In case the options will be executed, I am OK with owning the stock.  I might get more that way. 

I decided to go with Option 2. 

The stock price is still low. The dividends are $0.78 per stock per quarter, that will be $312 per year if you own 100 shares (before taxes). 

If I buy and hold 10 RCL I will have $312 in dividends (before tax) and get statement credit if I go on the cruise (probably $100 since we usually go for 7 days).  

 

If I have luck and the options play goes well, I could pay the entire trip with the option play proceeds. 

We are not planning the trip for 2021 or 2022, I will wait till all Corona related rules and restrictions settle. 

So I have about 2 years for the play. 

Our trip is about $6,000-7,000 when we book. That should be at least $10,000 in option proceeds before taxes. 

So with all that my goal is at least $10,000 in the timeframe of 2 years. 

I am allocating approximately $24,000 to that play. The return in 2 years should be about 40% or 20% each year of play. This is quite a bit, it will probably be difficult to reach. 

RCL OPTIONS PLAY

Start: June 2021
Finish: still ongoing
Updates: monthly

UPDATES

June 2021

I sold 3 puts on June 22nd for the credit of $411 after fees (-3Jul21 $80 put). 

I made $411 for this trade and it will be about $250-300 after taxes. This is already more than the stateroom credit for owning $100 shares. But I sold 3 puts which was equivalent of 300 shares.

-3Jul21 $80 put - this trade:$411 - total:$411 - percent this trade 1.7% - percent total- 1.7%  

July 2021

The puts were executed on July 19. I own 300 RCLs.  

August 2021

I sold 3 calls against the 300 RCL shares on August 4 (-3Sep21 $80 call). It is a covered call and if the share price will be $80 or above, the options will be executed. I will make nothing on the shares, since I got them for $80, but for the selling 3 call options I got credit of $709. 

Total so far: $1,120 (4.6% return on $24,000)

-3Jul21 $80put - this trade:$411 - total:$411 - percent this trade 1.7% - percent total 1.7%
-3Sep21 $80call (covered) - this trade:$709 - total:$1,120 - percent this trade 3.0% - percent total 4.6%  

September 2021

The September covered calls were executed and the 300 of RCL were sold at $80. Currently the stock is at $82. I sold 3 October $83 puts for $990. Capital in play now is $24,900.

-3Jul21 $80put - this trade:$411 - total:$411 - percent this trade 1.7% - percent total 1.7%
-3Sep21 $80call (covered) - this trade:$709 - total:$1,120 - percent this trade 3.0% - percent total 4.6%
-3Oct21 $83put - this trade: $990 - total so far $2,110 - percent this trade 4% - percent total so far 8.8%

October 2021

Sold naked puts for 35 days till expiration: 3 November $82 puts for $730. Capital in play is $24,600. 

-3Jul21 $80put - this trade:$411 - total:$411 - percent this trade 1.7% - percent total 1.7%
-3Sep21 $80call (covered) - this trade:$709 - total:$1,120 - percent this trade 3.0% - percent total 4.6%
-3Oct21 $83put - this trade: $990 - total so far $2,110 - percent this trade 4% - percent total so far 8.8%
-3Nov21 $82put - this trade: $730 - total so far $2,840 - percent this trade 3% - percent total so far 11.5%

November 2021

Puts got executed, now I own 300 shares at $82.
Capital in play is $24,600. 

-3Jul21 $80put - this trade:$411 - total:$411 - percent this trade 1.7% - percent total 1.7%
-3Sep21 $80call (covered) - this trade:$709 - total:$1,120 - percent this trade 3.0% - percent total 4.6%
-3Oct21 $83put - this trade: $990 - total so far $2,110 - percent this trade 4% - percent total so far 8.8%
-3Nov21 $82put - this trade: $730 - total so far $2,840 - percent this trade 3% - percent total so far 11.5%

December 2021

No trades or dividends

Total for 2021 (June - December) - $2,840 (11.5%).

January 2022

Sold calls and now have 3 covered calls and 300 shares (-3 RCL Feb22 at $85) for $1140. Capital in play is $24,600. 

-3Jul21 $80put - this trade:$411 - total:$411 - percent this trade 1.7% - percent total 1.7%
-3Sep21 $80call (covered) - this trade:$709 - total:$1,120 - percent this trade 3.0% - percent total 4.6%
-3Oct21 $83put - this trade: $990 - total so far $2,110 - percent this trade 4% - percent total so far 8.8%
-3Nov21 $82put - this trade: $730 - total so far $2,840 - percent this trade 3% - percent total so far 11.5%
-3Feb22 $85call (covered) - this trade: $1,140, total so far $3,980 - percent this trade 4.6%, total percent 16.2%

February 2022

Sold stocks, received $450.
Capital in play is $24,600. 

Total so far: $4,430

March 2022

Sold calls and now have 3 covered calls and 300 shares for $1907.
Capital in play is $24,600. 

Total so far: $6,337

March 2022 - April 2023

During this time the market was going down. I had no trades. I will wait till market stabilizes and continue my way to get $10,000 for the next trip. I already have $6,337 and still need $3,663. 

May 2023

Sold 3 covered calls for $406 (-3 RCL Jun23 at $77.5).
Capital in play is $24,600.

-3Jun23 $77.5 call (covered) - this trade: $406, total so far $6,743 - percent this trade 1.65%, total cumulative percent since start 27.5%

Total so far:  $6,743

June 2023

Sold stock for $204
Capital in play is $24,600.

Total so far:  $6,947

Pending update