Time again for my latest portfolio results, this time for the June expiration month. As always, I will break down the sources of my results so that you can keep track of how each strategy is doing. Beyond the actual numbers, this report is meant to give you an over-the-shoulder look into my trading and the lessons I’ve learned.
For several reasons:
1. To keep me headed in the right direction. Sure, I could keep this all to myself but sharing this information publicly helps to hold me accountable and continue to try and outdo myself.
2. I want to be honest and transparent. If anyone talks about making money trading options, I think that’s really the only way it should be. Wins, losses, successes and failures – the whole deal.
3. I know it inspires a lot of people to take action.
You can access previous portfolio results via the links below:
Iron Condors and Credit Spreads were back in the black this month. The rest of my trading was pretty light.
Important Events in June
It was nice to get back on track in June after suffering a drawdown in May. For the month I was +$3,562.32 for a return of +2.59%. During the same period, the S&P 500 moved from 1295.22 to 1342.32 for a return of +3.64%. For the year I am +5.45% versus +6.73% for the S&P 500. I’m almost back on track with my goal of 1-2% per month so hopefully it’s onwards and upwards from here.
Iron condors were good to me this month with a gain of +$3,877 with a 5/8 success rate. It should really be 7/8 as two of those losses are July condors which should end up being profitable. Overall I felt my trading for the month was really good. Looking through my trades, there’s not a single trade that I regret or feel I made a bad decision on. Sorry, not many lessons to share from this month.
I appreciate you taking the time to stop by and read my articles and results. If you have any questions, please email me at email@example.com.
Here’s to your ultimate success!