April 2017 – Options Income
April was a very good month for my put selling strategies. Unfortunately, the weaker Dollar reduced my profits from 1.900 Dollars to just 400 Euros.
Far OTM option selling (MTM)
- January: +1.9k
- February: +0.5k
- March: +0.9k
- April: +1.1k
Far OTM option selling (closed trades)
- January: +1.6k
- February: +0.8k
- March: +0.4k
- April: +1.5k
Second account (MTM)
- March: +0.3k
- April: +0.8k
Second account (closed trades)
- April: +1.1k
The relief rally after the french election was very positive for my put selling strategies. Unfortunately, my main accounts suffered from the strong up move. Even the stocks I have (mostly REITs) could not profit.
The challenge now is to (quickly) fill the inventory to be able to earn money in May. Yesterday I opened a first position and intent to open at least two more next week.
Financial Independence 11:43 on 2017-05-03 Permalink |
Hi eurfi,
I quite benefited from strong euro and moved a lot from eur to weaker usd. I do not think that PIGS and the Brexit will help the stability. Congrats on the first cruise. I have been looking into one myself but decided to postpone it for the time being.
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eurfi 14:30 on 2017-05-04 Permalink |
I can report afterwards how we liked it. Maybe we do it too early – one kid is still on diapers…
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eurfi 23:01 on 2017-06-03 Permalink
There is day care for kids on board. Unfortunately they did not accept our youngest kid (because of the diapers). But next year it will be a great vacation. We all liked it, our kids more than my wife. But it was okay for her too.
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Team CF 14:14 on 2017-05-08 Permalink |
That is quite the options income for April! Well done. It already covers about a third of your expenses for the month (pays for the cruise charge actually 😉 )
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eurfi 23:07 on 2017-05-08 Permalink |
I look at MTM numbers. So, 1.9k is usually more than half of our expenses. Yes, the cruise is covered. 🙂
April was really good for put selling.
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