Quick recap of the current portfolio as June 2021
Quick recap of the current portfolio as May 2021.
This week we’ve reached the optimal 21DTE inflexion point for theta strategies, and is a good moment to revisit all our open positions.
AMCR moved too fast in the direction of the trade, too much time left also meant little profit remaining for an extra risk.
Holding until expiration vs closing at 50% on various DTE shows we profit when closing earlier.
Or how to recover from stock devaluation by selling monthly covered calls.
10 new trades were open in March 2021, at 30DTE, 45DTE, and 60DTE
Welcome! And thanks for joining me in this endeavor to reach financial independence and early retirement through options trading and long term stock market investment.