Posted by Martin December 28, 2022
No Comments

12.27.22 – TUESDAY MARKET OUTLOOK

The market acted as expected at first and went down, but then rec covered some losses and traded sideways on a low volume. It managed to hold the support levels:

My expectations for tomorrow (Wednesday) are positive and I expect the market to go higher. The trend forecast shows a strong rally but it may be muted due to holidays.

nbsp;

If you want to learn more about our SPX weekly analysis, subscribe to our weekly newsletter.

We all want to hear your opinion on the article above:
No Comments

Posted by Martin December 28, 2022
No Comments

Technical view: iShares Russell 2000 ETF (IWM)

IWM is in stage #1. The index is trading in a wide sideways channel so far, and even if it drops back to the $165 level, the expectation will be the index may bounce back up. The chance is that the IWM (small caps) will outperform large caps next year. Expect the “January effect” to play out early next year.

The stock is now MODERATE BUY

This post was published in our newsletter to our subscribers on Saturday, December 24th, 2022. If you want to learn more about our stock technical analysis subscribe to our weekly newsletter.

We all want to hear your opinion on the article above:
No Comments

Posted by Martin December 25, 2022
No Comments

2022 Week 51 investing and trading report

Last week we bought back a few shares I sold to release my buying power, such as Netflix, ABNB, and Google. But when the market tanked again, I had to sell Google again. However, I plan on buying these shares back. I also traded credit call spreads that delivered gains. I will reinvest these gains into dividend-paying stocks.

Our NetLiq-cash-buying power ratio is still a shit show, and I hate it:

Our trading delivered $387.00 premiums last week, ending December 2022, at $3,231.00 (5.37%) options income. Our net-liq value increased by +0.48% to $60,158.62 value. That is still a terrible result. I do not understand it anymore. I have defined risk option trades. These shall have no impact on the net-Liq. I have a few strangles. Yes, these can impact the net-liq, but I have only a few trades with long expiration, so they are not that sensitive. This is insane. Our overall account is now down -42.51% YTD.

Here is our investing and trading report:

Account Value:	$60,158.62	+$287.56	+0.48%
Options trading results
Options Premiums Received:	+$387.00
01 January 2022 Options:	+$8,885.00	+8.36%
02 February 2022 Options:	+$10,009.00	+10.34%
03 March 2022 Options:	-$1,662.00	-1.47%
04 April 2022 Options:	+$1,047.00	+1.19%
05 May 2022 Options:	+$8,604.00	+11.32%
06 June 2022 Options:	+$9,691.00	+13.73%
07 July 2022 Options:	+$8,717.00	+11.39%
08 August 2022 Options:	+$7,987.00	+12.15%
09 September 2022 Options:	+$2,997.00	+5.76%
10 October 2022 Options:	+$3,979.00	+6.36%
11 November 2022 Options:	+$3,555.00	+5.26%
12 December 2022 Options:	+$3,231.00	+5.37%
Options Premiums YTD:	+$67,040.00	+111.44%
Dividend income results
Dividends Received:	+$232.43
01 January 2022 Dividends:	+$303.38
02 February 2022 Dividends:	+$732.81
03 March 2022 Dividends:	+$393.74
04 April 2022 Dividends:	+$337.31
05 May 2022 Dividends:	+$343.99
06 June 2022 Dividends:	+$445.80
07 July 2022 Dividends:	+$367.66
08 August 2022 Dividends:	+$683.58
09 September 2022 Dividends:	+$555.20
10 October 2022 Dividends:	+$359.89
11 November 2022 Dividends:	+$723.16
12 December 2022 Dividends:	+$495.23
Dividends YTD:	+$5,741.75
Portfolio Equity
Portfolio Equity:	$180,704.20	+$1,490.86	+0.83%
Portfolio metrics
Portfolio Yield:	5.66%
Portfolio Dividend Growth:	15.73%
Ann. Div Income & YOC in 10 yrs:	$141,945.74	69.99%
Ann. Div Income & YOC in 20 yrs:	$35,151,725.47	17,331.40%
Ann. Div Income & YOC in 25 yrs:	$6,083,579,105.01	2,999,480.61%
Ann. Div Income & YOC in 30 yrs:	$12,030,514,195,812.10	5,931,589,512.34%
Portfolio Alpha:	106.38%
Sharpe Ratio:	8.44	EXCELLENT
Portfolio Weighted Beta:	0.45
CAGR:	250.52%
AROC:	71.21%
TROC:	7.61%
Our 2022 Goal
2022 Dividend Goal:	$4,800.00	119.62%	COMPLETED
2022 Portfolio Value Goal:	$151,638.03	39.67%	FAIL
6-year Portfolio Value Goal:	$175,000.00	34.38%	In Progress
10-year Portfolio Value Goal:	$1,000,000.00	6.02%	In Progress

Dividend Investing and Trading Report

Last week we have received $232.43 in dividends bringing our December’s dividend income at $495.23.

Last week, we did not purchase any dividend stock.

Here is a chart of our account equity showing our accumulation goal and the value of all stocks in our account. It shows a nice upward-sloping chart as our equities grow. This is a result of our options trading and using premiums to buy dividend stocks:

And here you can see the dividend income those equities pay us every year:

Growth stocks Investing and Trading Report

Last week, we bought the following growth stocks and funds:

I only bought back shares I already owned before. I bought back 12 shares of Google, but later I had to sell them again (for a small gain). I bought back 10 shares of Netflix and 5 shares of Airbnb. I still hold these, and hopefully, the market is done with selling for a while, which would increase my net-liq, and I will be able to repurchase these shares.

Options Investing and Trading Report

Last week options trading delivered a gain of $387.00 making our December options income $3,231.00.

We were actively trading our SPX strategy that delivered -$20.00 loss.

Expected Future Dividend Income

We received $232.43 in dividends last week. Our portfolio currently yields 5.66% at $60,158.62 market value.

Our projected annual dividend income in 10 years is $141,945.74, but that projection is if we do absolutely nothing and let our positions grow without adding new positions or reinvesting the dividends.

We are also set to receive a $7,135.07 annual dividend income ($594.59 monthly income). We are 5.03% of our 10 year goal of $141,945.74 dividend income.

The chart above shows how our future dividend income is based on the future yield on cost and what dividend income we may expect. The expected dividend growth depends on what stocks we add to our portfolio and the stocks’ 3 years average dividend growth rate. It is interesting to see what passive income we may enjoy 10, 20, 25, or 30 years from now.

Market value of our holdings

Our non-adjusted stock holdings market value increased from $179,213.34 to $180,704.20 last week.

In 2022 we plan on accumulating dividend stocks, monetizing these positions, HFEA strategy, and SPX trading. We plan to raise more of our holdings to 100 shares to sell covered calls. We continued rebalancing our options trades that released buying power significantly. That allowed us to start repurchasing shares of our interest.

We aim to accumulate 100 shares of dividend growth stocks we like and then start selling covered calls or strangles around those positions. We also planned on reinvesting all dividends back into those holdings.

Investing and trading ROI

Our options trading delivered a 5.37% monthly ROI in December 2022, totaling a 111.44% ROI YTD. We will exceed our 45% annual revenue goal in selling options against dividend stocks.

Our entire account is still down -42.51%.

Our options trading averaged $5,586.67 per month this year. If this trend continues, we will make $67,040.00 in trading options in 2022. As of today, we have made $67,040.00 trading options.

Old SPX trades repair

We traded our SPX put credit spread strategy, which you will be able to review in my next report. The SPX strategy has held well so far, and our signals kept us from opening new aggressive trades.

Investing and trading report in charts

Account Net-Liq

This drawdown of our account is highly discouraging. It’s like all previous gains were all wiped out. But this is just a temporary drawdown. Despite the losses, I am not selling any stock positions (except strategically sold Amazon and Netflix, which I will buy back). I will keep buying more shares if possible. I also have realized losses in my options trades. I am rolling those trades to keep them alive and adjusting them slowly, one by one, until they expire as winners. Then, this terribly-looking chart improves. It will be a long process to get back up, but I am determined.

Account Stocks holding

Last week, S&P 500 grew 32.91% since we opened our portfolio while our portfolio grew 9.87%. On YTD basis, the S&P 500 fell -31.85% and our portfolio -19.90%. We are outperforming the market.

The numbers above apply to our stock holdings only.

Stock holdings Growth YTD

Our stock holdings outperform the market. Hopefully, this trend will stay, and we will constantly do better than S&P 500.

Our 10-year goal is to grow this account to $1,000,000.00 value in ten years. We are in year two, and we accomplished 6.02% of that goal.

Our 6-year goal is to reach $175,000 account value to be eligible for portfolio margin (PM), and today we accomplished 34.38% of that goal.

Our 2022 year goal is to grow this account to a $151,638.03, and today we accomplished 39.67% of this goal.

I am afraid our account is no longer on track to accomplish our 2022 year goal. We failed this goal. We achieved our dividend and options income goals, but our account balance (Net-Liq) will be down significantly.

Investing and Trading Report – Options Monthly Income

Investing and Trading Report – Options Annual Income

Our dividend goal and future dividends

We planned to make $4,800.00 in dividend income in 2022. As of today, we received $5,741.75. This week, we completed our 2022 dividend goal. We also accumulated enough shares to start making $7,135.07 a year. Our monthly projected dividend income is $594.59, and our current monthly dividend income is $478.48.

I have a favor to ask. If you like this report, please, hit the like button, so I know that there is enough audience that like this content. Also, if there is something you want to know or you want me to change this report to a different format, let me know in the comments section.

We all want to hear your opinion on the article above:
No Comments

Posted by Martin December 25, 2022
No Comments

2022 SPX put credit spreads trading review – week 51

Last week we were not trading any new trades. We only had two box trades expiring, and because of the market’s sell-off, they were deep in the money. Adjusting these trades was not feasible, so I decided to let them expire ITM (calls expired OTM) and reopen new trades closer to the money, which will be easier and cheaper to manage. I hope to do so next week.

The expiring boxes delivered a small loss of -$20.00. Our account weekly trading was down by -0.05% while SPX lost -0.20%.

Our SPX account is up +1054.67% since the beginning of this program, and we have $40,326 in unrealized gains.

Initial SPX trade set ups

I dedicated a $3,600 initial amount that will be used to trade SPX PCS strategy per week. Today, the account is up at $41,567.95. However, due to the recent bear market, many trades are still open, and the funds are tied to those open trades. The trades need to expire or be closed for a profit to release the funds.

Our SPX strategy is designed as directional options trading. We are selling credit put spreads to collect premiums, and hopefully, these spreads expire worthlessly, or we repurchase them for a small debit.

We use a set of indicators, trend prediction (primarily based on moving averages, volume profiles, and trend forecasting), and market sentiment that generates bullish signals. The trading is based on a “trend-following strategy.” We open the trade if we have a bullish signal and a bullish trend. If we do not have a signal, we stay away. We also trade credit call spreads when we have bearish signals. In a choppy market, we stay away from or trade very short expirations (usually 1 or 2 days or up to 7 days), but the trading is muted as we need a trending market.

Unfortunately, today, the market is headline sensitive and can gap in either direction to fail and reverse. It is not easy to trade and not get whipsawed. That’s why we are managing our older trades and not opening new ones until we see a clear market direction.

Here you can see all our trades:

Click on the picture above to see the entire list.

Last week trading

Overall, the strategy resulted in a +1054.67% gain last week.

Initial account value (since inception: 12/07/2021):	$3,600.00
Last week beginning value:	$41,587.95
Last week ending value:	$41,567.95 (-0.05%; total: +1054.67%)
The highest capital requirements to trade this strategy:	$19,995
Current capital at risk:	-$13,326
Unrealized Gain:	$40,326 (-302.61%)
Realized Gain:	-$2,753 (20.66%)
Total Gain:	$37,573 (-281.95%)
Win Ratio:	57%
Average Winner:	$318
Average Loser:	$460

As you can see, our account currently shows a realized loss of -$2,753.00, but we have $40,326 unrealized gains.

SPX PCS account value

SPX PCS account vs SPX index net liq

SPX PCS account vs SPX index

If you want to receive trade alerts whenever we open a new SPX put credit spread or a hedge trade, you can subscribe to our service:

SUBSCRIBE HERE

Note that if you wish to subscribe to multiple levels, you can only subscribe to one level and send us an email that you want to be added to other levels.

Also, if you like this report, hit the like button so I know there is enough audience wanting to see this type of report. If you have any questions or want to see anything else about my SPX trading, do not hesitate to contact me or comment in the comments section. Thank you!

We all want to hear your opinion on the article above:
No Comments

Posted by Martin December 23, 2022
No Comments

12.22.22 – THURSDAY MARKET OUTLOOK

It seems Santa is not coming to town this year. We received economic data that were better than expected, and the market sold off on fear that FED may tighten more because the economy is good. It is silly. On the one hand, the investors are panicking on fear of the US economy going into recession, and on the other hand, they are panicking when the economy is good and the FED may tighten and spark a recession. That’s how fickle the market is. So we sold off because the economy was too good. We would probably sell off if the economy weren’t too good, either.

However, the market acted as expected. We sold off in the morning, true a bit more than I expected, but then rallied towards the end of the trading session erasing half of the losses. I expected to erase all losses, but I do not have a crystal ball, and the predictions are not the exact chart of what will happen.

Tomorrow, I expect the market to be muted or even trying to recover today’s losses but eventually lose it by the end of the day and sell off before the weekend. So, expect a down day again.

The market managed to get above the support that it undercut this morning. That could be perceived as a good sign, but I am skeptical and do not think it will hold tomorrow. I would be surprised if it did, but it may happen. Anything can happen.

Overall, I think we are undergoing an exhaustion process. The level of bearishness out there is so high that it justifies becoming bullish. For example, Tesla (TSLA) is so beaten up that I think the stock will soon see some bounce. And the market may see the same thing.

I anticipate markets will go up and through the big downtrend line. There are multiple reasons why and I won’t go into full details, but here are some key points:

#1- Market Sentiment. Almost every human I know is bearish on markets for the first quarter of 2023. The equity put/call ratio hit extremes not seen since 2008. That suggests massive put buying, which is counterintuitively bullish (institutions own hedges, so they are less inclined to sell).

#2- Fundamentals. The drop in earnings estimates has been in place for all of 2022. The most vulnerable groups based on valuation (e.g., high-flying tech stocks) have already come down 70%+ in most names. So, I think the slowdown is priced in and actually set up for some + surprises.

#3- Technicals. The downtrend line (see chart above) is so obvious to everyone. It becomes an obvious place for bearish (short sellers) to trade against. The stop-losses above that downtrend line are begging to be triggered on the move upward.

#4- U.S. Dollar has been moving sharply lower. Just as it was a major headwind for stocks previously, it should act as a tailwind for a trade higher in stocks. Also, Bonds have reversed sharply on the massive Yen drop. Stocks being up on that news is actually very impressive.

#5- My proprietary Bollinger band system has many buys and zero short setups. Suggesting that the market as a whole is on a big buy signal (in fact, the Dow Jones Industrials are on a b-band buy signal, use the symbol DIA if trading it).

Long story short, I have a lot of reasons to be a buyer. It feels very uncomfortable to be a buyer, which makes it probably the right thing to do.

Happy Holidays friends!

If you want to learn more about our SPX weekly analysis, subscribe to our weekly newsletter.

We all want to hear your opinion on the article above:
No Comments

Posted by Martin December 22, 2022
No Comments

12.21.22 – WEDNESDAY MARKET OUTLOOK

The market continued higher, as expected. In the morning, we had some sideways moves and rallied toward the end of the day (the media told us that the rally was thanks to Nike… maybe). But we saw a few other technical coincidences that convinced me that this rally was not just because of Nike. The market hit a few significant supports and managed to bounce from them. I think these levels were significant, so if the market sustains the bounce, we will see a rally. Let’s review them one by one. The first level of support happened at the 50% Fibonacci retracement. This was developing the entire week, and we just needed confirmation. That happened today:

We saw the same bounce happening at the Ichimoku cloud. Also, almost perfect bounce. The price managed to stay above the cloud and bounce off of the support. The only concerning thing could be the blue line trying to cross the red line to the downside, but due to today’s price action, we may see the lines diverge again:

Our trend forecasting is a mixed bag, partially pointing to the downside, while another long-term indicator points to the upside. The trend shows a possible retreat from today’s gains but should recover them afterward. So, I expect the market to be flat tomorrow.

Again, do not take it as a prediction of what will happen. The market may react completely differently. I use math to perform trend forecasting based on past data. Trend forecasting may work very well in a solid environment within a given trend, but we currently do not have it. We have an erratic, choppy, and sentiment-driven market. And in such an environment, forecasting may not work well. Other tools must be used to confirm the trend (which is again difficult in today’s market).

If you want to learn more about our SPX weekly analysis, subscribe to our weekly newsletter.

We all want to hear your opinion on the article above:
No Comments

Posted by Martin December 21, 2022
No Comments

12.20.22 – TUESDAY MARKET OUTLOOK

The market performed as expected today, although not exactly as per the script. Most of the selling happened overnight. The market opened with a down gap but then rallied since then. The rally was muted, however. It was a bit surprising to me since we had a newsless environment and negative sentiment. As we can see, the market, however, bounced at 50% fib retracement, and that seems to be working as a support.

Tomorrow, I expect a choppy market with a bit more upside at the end of the trading session:

nbsp;

If you want to learn more about our SPX weekly analysis, subscribe to our weekly newsletter.

We all want to hear your opinion on the article above:
No Comments

Posted by Martin December 21, 2022
No Comments

Technical view: Meta Platforms Inc. (META)

Meta (FB) is in stage #4. Are we seeing the end of Meta’s year-long decline? It is still in stage #4 but definitely improving. If this trend continues and it starts morphing back into stage #1 or even resumes stage #2, that would be a feast and a great opportunity to buy. You don’t have to fish for a bottom; it is OK to buy at a higher price if the new trend confirms. It’s better to buy slightly higher (and still at a great valuation) than buy now, thinking it was the bottom, and the stock crashes lower from here.

Fundamentally, the stock offers a great value (if the estimates hold), but the trend is down. The estimates for the upcoming years were not revised and that provides a great opportunity for 180% growth in the next 2 years (60% annualized growth). It all depends on the company and its leadership to turn the table and reverse the course. Until then, the stock will keep bleeding. But as soon as we see improvement, then a reversal in the trend, buy as much as possible. But not today, although it is probably happening, and the stock may be finally forming the bottoming pattern! I still recommend tactically waiting.

If this trend reverses, this stock may be a great feast. Let’s see how it develops over time.

The stock is now HOLD

This post was published in our newsletter to our subscribers on Saturday, December 17th, 2022. If you want to learn more about our stock technical analysis subscribe to our weekly newsletter.

We all want to hear your opinion on the article above:
No Comments

Posted by Martin December 20, 2022
No Comments

12.19.22 – MONDAY MARKET OUTLOOK

This market is completely news-driven, better say sentiment-driven, because as of now, there are no news but negative sentiment and fear about a recession which may not even come at all. After some initial positive upward movement in the morning, the market quickly turned negative and ended down 0.9%. And the future do not look any better. All our indicators are pointing down, so tomorrow, I expect a down day.

My trend forecast also indicates a gloomy day tomorrow. We probably open down with a gap and then go lower until about noon and have an end of the day rally:

nbsp;

Of course, the forecast is just that, not a prediction. Other indicators must confirm it, and any news during the day may turn the market around, and no prediction can capture it. I do not have a crystal ball, I just use math. And so far, all indicators confirm the trend forecast. There is no news planned to come out that would shake the market (Housing data coming out and they should show a decline). That means I do not expect any catalyst that would change the forecasted trend. Expect further selling tomorrow.

If you want to learn more about our SPX weekly analysis, subscribe to our weekly newsletter.

We all want to hear your opinion on the article above:
No Comments

Posted by Martin December 18, 2022
No Comments

2022 Week 50 investing and trading report

Our trading and investing last week went smoothly again. We opened a few credit spreads, and all expired out of the money. But as the market crumbled last week, I closed a few high-flying stock positions like Amazon or Netflix. I did it to protect my net liq and am ready to buy back when the market improves. I do not mind buying at a higher price (it will still be way lower than what the stock price will be ten years from now). I sold to prevent margin calls. Suppose the market and these stocks continue lower; great. If not, my margin will improve, and I will buy back.

This is what I am talking about. Our NetLiq-cash-buying power ratio is a shit show, and I hate it. As you can see below, my cash balance increased significantly, yet my buying power and net-liq are dropping:

Our trading delivered $1,526.00 premiums last week, ending December 2022, at $2,844.00 (4.75%) options income. Our net-liq value decreased by -4.90% to $59,871.06 value. That is still a terrible result. I do not understand it anymore. I have defined risk option trades. These shall have no impact on the net-Liq. I have a few strangles. Yes, these can impact the net-liq, but I have only a few trades with long expiration, so they are not that sensitive. This is insane. Our overall account is now down -42.79% YTD.

Here is our investing and trading report:

Account Value:	$59,871.06	-$2,934.91	-4.90%
Options trading results
Options Premiums Received:	$1,526.00
01 January 2022 Options:	+$8,885.00	+8.36%
02 February 2022 Options:	+$10,009.00	+10.34%
03 March 2022 Options:	-$1,662.00	-1.47%
04 April 2022 Options:	+$1,047.00	+1.19%
05 May 2022 Options:	+$8,604.00	+11.32%
06 June 2022 Options:	+$9,691.00	+13.73%
07 July 2022 Options:	+$8,717.00	+11.39%
08 August 2022 Options:	+$7,987.00	+12.15%
09 September 2022 Options:	+$2,997.00	+5.76%
10 October 2022 Options:	+$3,979.00	+6.36%
11 November 2022 Options:	+$3,555.00	+5.26%
12 December 2022 Options:	+$2,844.00	+4.75%
Options Premiums YTD:	+$66,653.00	+111.33%
Dividend income results
Dividends Received:	$105.46
01 January 2022 Dividends:	$303.38
02 February 2022 Dividends:	$732.81
03 March 2022 Dividends:	$393.74
04 April 2022 Dividends:	$337.31
05 May 2022 Dividends:	$343.99
06 June 2022 Dividends:	$445.80
07 July 2022 Dividends:	$367.66
08 August 2022 Dividends:	$683.58
09 September 2022 Dividends:	$555.20
10 October 2022 Dividends:	$359.89
11 November 2022 Dividends:	$723.16
12 December 2022 Dividends:	$262.80
Dividends YTD:	$5,509.32
Portfolio Equity
Portfolio Equity:	$179,213.34	-$11,590.78	-6.07%
Portfolio metrics
Portfolio Yield:	5.64%
Portfolio Dividend Growth:	15.73%
Ann. Div Income & YOC in 10 yrs:	$139,447.10	69.41%
Ann. Div Income & YOC in 20 yrs:	$34,068,990.47	16,958.50%
Ann. Div Income & YOC in 25 yrs:	$5,825,331,514.93	2,899,671.88%
Ann. Div Income & YOC in 30 yrs:	$11,343,861,943,535.20	5,646,627,555.16%
Portfolio Alpha:	106.21%
Sharpe Ratio:	8.80	EXCELLENT
Portfolio Weighted Beta:	0.45
CAGR:	252.35%
AROC:	70.52%
TROC:	5.39%
Our 2022 Goal
2022 Dividend Goal:	$4,800.00	114.78%	COMPLETED
2022 Portfolio Value Goal:	$151,638.03	39.48%	In Progress
6-year Portfolio Value Goal:	$175,000.00	34.21%	In Progress
10-year Portfolio Value Goal:	$1,000,000.00	5.99%	In Progress

Dividend Investing and Trading Report

Last week we have received $105.46 in dividends bringing our December’s dividend income at $262.80.

Last week, we did not purchase any dividend stock.

And here you can see the dividend income those equities pay us every year:

Growth stocks Investing and Trading Report

Last week, we bought the following growth stocks and funds:

10 shares of SPXL @ $64.77

I temporarily sold AMZN and NFLX, but I will repurchase these shares as soon as my net-liq improves. I also sold out shares of Tesla. I do not plan on repurchasing these shares back.

Options Investing and Trading Report

Last week options trading delivered a gain of $1,526.00 making our December options income $2,844.00.

We were actively trading our SPX strategy that delivered +$2,560.00 gain.

Expected Future Dividend Income

We received $105.46 in dividends last week. Our portfolio currently yields 5.64% at $59,871.06 market value.

Our projected annual dividend income in 10 years is $139,447.10, but that projection is if we do absolutely nothing and let our positions grow without adding new positions or reinvesting the dividends.

We are also set to receive a $7,126.91 annual dividend income ($593.91 monthly income). We are 5.11% of our 10 year goal of $139,447.10 dividend income.

Market value of our holdings

Our non-adjusted stock holdings market value decreased from $190,804.12 to $179,213.34 last week.

Investing and trading ROI

Our options trading delivered a 4.75% monthly ROI in December 2022, totaling a 111.33% ROI YTD. We will exceed our 45% annual revenue goal in selling options against dividend stocks.

Our entire account is still down -42.79%.

Our options trading averaged $5,554.42 per month this year. If this trend continues, we will make $66,653.00 in trading options in 2022. As of today, we have made $66,653.00 trading options.

Old SPX trades repair

We traded our SPX put credit spread strategy, which you will be able to review in my next report. The SPX strategy has held well so far, and our signals kept us from opening new aggressive trades.