I experienced my first down month. I was hoping it wouldn’t come so quickly but the experience like all others is something to learn from.
TL;DR: 10 trades, 5 winners 5 losers, -$162.42 (-8.35%) in Net Liquidation, -$115.80 (-5.95%) in Premium collection over last Net Liquidation.
On March 20th the net liquidation was $1945.67
On April 20th the net liquidation is $1783.25
% change from previous Net Liq: -8.35%
The data is below:
*this data is missing 2 earnings trades as I deposited the losses incurred and decided playing earnings with this size account is moronic. See more details in this post: Trading Earnings with Options
- Net liquidation isn’t perfect cause of current losses still open in the portfolio.
Changes in trading style – Moving to at least $2 wide verticals and avoiding earning plays – also being a bit ‘less wrong’.
Thanks for following and reading I appreciate all feedback which you can leave on the Reddit/Options post I made.
Quick view of options positions and Net Liquidation and Buying Power: