When I started out to document my options income, I had no idea what to expect. I thus set low goals, as a way to have a target and not to oblige myself too much into taking risk with options. We are now 3 quarters into 2106, and it has been amazing.
After a rather bad month of August, the results normalised again in September. I did consolidate a lot of my learnings over the summer and I am stricter again with my trading. No more emotions, no more breaking my own limits. I diversify again in my trades, I use alerts again. I am hopeful for the last quarter.
September resulted in 175,09 EUR of realised option income. Looking where I come from, this is not too bad. I am still cleaning up some of the Summer mess. This eats up quite a lot of my buying power and does not generates profits.
For me, the results are positive. This new activity represent YTD 2157 EUR. This is extra money, money I would not have had otherwise. Agreed, I do take some risk to make that money. When I sum up my whole play money activity (realised gain only) , I come in just below 2,5K. That is 55pct of our ski holiday!
Dividend income is not at all my core strategy. I just experiment with it in order to get the feeling of this. And I want to understand the taxes. Often, my dividends are a by product of my play money activity.
In September, I got money from 1 stock: RDSA. They gave me 76,95 EUR. That is 1, 125 pct return this quarter on my cost basis (The stock is underwater right now). On a yearly basis, that is 4,6 pct. I am ok with this. Let’s see what happens to these big oil companies.
How was your non working income?