#SPX1dte The halfway mark, and I’m at 17.0% ROI for this strategy. That projects to be 34% annually. I have averaged 1.21 per week, or $3,151 for each 15K invested.
Before my smash up at end of April I was on track for 100% annually (3.00 per week). That goal is not reasonable, as Q1 was a relative breeze to manage. My expectation was and still is 2.00 per week. I am low now because April/May
losses were higher than they would be had I handled it properly. Nonetheless, it was a good lesson. It will be tough to get back to 2.00 average by end of the year, but I’ll try.
No trade for Monday, which is a half day for the market. Premium is just too low to bother with. I will consider a trade or two before the open Monday morning.
Happy Fourth everyone! Refresh your browser for patriotic awesomeness!