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Writer's picturethemoneyloaf

$379 profit in May 2024

Happy Sunday!

For the update this week:


  1. $379 profit across 3 trades in May


 

$379 profit in May


I got my first 2 early assignments of the year in SBUX and CLX in May. Not great, but I'm already working my way out of them. 

 

In better news, 3 new trades were placed and 3 older trades were closed for $379 in realized profit, as the portfolio hits 21 consecutive months of profits. 

 

New trades in May:

  • Trade #76 MCD - still open

  • Trade #77 JNJ - still open

  • Trade #78 HSY - still open


Older trades:


With May done, here's the running total of realized profits since the course's inception:

  • Year One (Sep 2022 - Aug 2023) - $3,422

  • Sep 2023 - $462

  • Oct 2023 - $136

  • Nov 2023 - $337

  • Dec 2023 - $625

  • Jan 2024 - $222

  • Feb 2024 - $1,337

  • Mar 2024 - $521

  • Apr 2024 - $390

  • May 2024 - $379


This brings the total for the last 21 months to a realized profit of $7,831 or a running monthly average of $373. 

 

If you're familiar with options and want to follow along the trade updates, you can sign up for my Bread Crumb subscription which is priced at $49/month.

 

i.e. on average, each month you would pay $49 and make $373, or 7.6x the subscription fee. 

 

Every trade I share is from my real portfolio, which means if the trade isn't making money, I'm not making money either. 

 

Do note none of these are recommendations - I'm just sharing trade updates within my own portfolio which may or may not be right for you. 



 

Closing words & useful links


May was a quiet month for options, I'm looking forward to a more volatile June which should provide more opportunities for initiating new positions. 

 

Enjoy your weekend!

 

  • Improve your financial life with my budget and wealth tracker that helps to allocate your budget, calculate savings rate, track your sinking funds, net worth and progresses towards FIRE with minimal input from you - most of it is automated. 

 

 

 

This article is for educational purposes only. This is my own portfolio which is being managed according to my goals and risk tolerance. Your situation is likely different and you should do your own due diligence before investing in stocks or options.

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