July has been the continuation of June for option trading. Not bad, not excellent either. When I take an helicopter view, income is fine, I just want always more!
Option income – 519,32€
The July Income came in below what I have seen in other months. I see 2 main reasons
- At a certain point, about 60 pct of my capital was stuck. How come? Trades were in-the-money and needed to be rolled. That makes it hard to close trades. And when you can close, it is usually for less annual return. Part of the game. Towards the end of July, this started to clear up. Let us see what August brings
The dollar is going slowly down. As I report my income in €, it does not help. Actually, this is pure a reporting problem. Why am I focused on this?
For me, a monthly income of 650€-750€ would be ideal. The average since February is 596€. The summer months are not helping.
My YTD annual return now stands at 13,3 pct! No complaints…!
My world trackerAMS:IWDA is practically flat YTD
SPY is roughly up 10pct.
There is no dividend or capital gains to mention this month.
How have you been doing so far?