Dan on January 9th, 2007
Sorry about the downtime everyone! Due to issues with Amex the bill didn’t get paid like it was supposed to and the site went down while I was 350 miles away visiting my parents without access to the proper card to pay it. That’s also one of the reasons why I haven’t had any updates in a while. Now that it’s back I’ll be posting more regular updates. I have a bunch of images to add to the gallery as well.
Dan on July 18th, 2006
Wow, it has been a while since my last post. I’ve been busy with other things and haven’t had much to share. My investment tracking script hasn’t had much work done to it. I’m planning on putting more time in this week. I have some ideas for its use that I’m looking into.
Watch for some new pictures today or tomorrow. I went camping this past weekend and haev a few pics. It ended up raining so I didn’t get as many as I expected. I also have a few others of my car and some other misc stuff to add.
I should be updating more frequently in the coming weeks.
Dan on June 26th, 2006
I spent some time this weekend getting my summer PHP project started. As mentioned earlier, it will be an investment tracking WordPress plugin. I’ve made a list of features that I want to include as follows:
Will Be Included
- Track multiple investment portfolios.
- Track using total value or a share based system (similar to a mutual fund), allowing total balance to be hidden.
- WP subpage with full graphing and statistical analysis.
- Sidebar tracking with quotes showing daily changes (similar style to Yahoo Finance).
- Plugin controls fully integrate into WP admin menus with easy to use interface.
Will Probably Be Included
- Track indices, stocks, and options on your website using data pulled from Yahoo Finance.
- Portfolio breakdown to different accounts, allowing one portfolio to include tracking of sub accounts such as multiple brokerages, CDs, bank accounts, etc. Automatically calculates total portofolio value based on sub accounts.
- Automatic updating using API interfaces with brokerages, banks, egold, etc (where available).
Would Like To Include At Some Point
- Central website allowing all blogs running the plugin to track portfolios against other investors.
- Track virtual portfolios consisting of stocks and options. Automatic updating via Yahoo Finance.
I have already decided on a name for this project. However, I am going to register the domain first before releasing the plugin’s name. I think I’ve come up with a decent name that has a .com still available so I don’t want to take a chance and lose it.
The script will be released under GPL meaning it will be free for all to use. This will be my first major public release so here’s hoping it all goes well 
Dan on June 7th, 2006
Looks like I posted too soon. I ended up having time to get the gallery integrated! Now you’ll see the link in the tabs above and the random image on the sidebar. It was quite simple. I just had to add the correct gallery theme and add a few lines of code to the header and sidebar.
Dan on June 7th, 2006
Today was quite busy so I haven’t had time to do much work on the site. I have the gallery online and integrated but the theme doesn’t work with the blog them at all. I have to find one that looks decent or figure out how to design my own.
There seems to be a bug with either the blog theme or WP that is causing a warning to come up. This is disrupting the first pageview and causing the title image to be shifted down into the tabs. It works fine on a reload. I looked at it very briefly and can disable the function if necessary but I’d rather fix it. It’s on my list of stuff to do.
On the investment front I opened a new trade yesterday. I sold a condor that expires on the 16th with a potential return of 23.6% after fees (about 6.8% of the total account). I had been putting off any trades until I opened an account with TradeStation but I felt this was a good opportunity. The trade is based on extremely high implied volatility (IV). When IV is high option premiums are high. This can potentially mean that options are overpriced, thus leading to a situation where their value decreases rapidly. Since expiration is approaching on the 16th the time value (premium) is decreasing at an increasing rate (the time value is rapidly approaching zero). So long as the stock stays between either end of the condor, which is quite likely with this trade, I make money.
I will post another update tomorrow.