Year to date:
My portfolio: 38.74%
S&P: -6.45%
Tracker Fund: 9.11%
STI: 3.47%
There were no major transactions this month, as much of the equities I wrote put options on recovered, and covered calls options wrote were exercised by my counterparties. This resulted in a large amount of free cash in my option selling portfolio. Because of market volatility, the implied volatility is high as well, resulting in large premiums collected. Because the market recovered significantly, I would have bigger profits had I buy and hold certain assets.
But that is the key to options-- if I have been so convinced that the valuations were too low, I would have bought options instead of selling them. The recovery was unexpected. But if there were no recovery, and the market had gone sideways, I would be happy with those premiums.
Apologies for the short update as there isn't really much to look forward to.
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