Happy November!
October was a great month for new trades with a total of 9 new trades - 7 official trades and 2 bonus trades. I think that's a record!
At the same time all my “older” trades from previous months have closed, which is good because that just leaves “fresh” positions that are looking good, vs those that I have been carrying for a while.
ps: don't forget the link to indicate your interest in my first options course in 2025 goes out next Sunday. Look out for that!
For the update this week:
$807 profit across 5 trades in October
$807 profit in October
October came in with 9 new trades, that's more than August and September put together!
3 of the 9 came off this month with a profit, and 2 of the older trades closed for a profit as well.
You can click on the individual links of each position to find out more about the trade.
New trades in October:
Older trades:
Bonus trade SBUX - $58 profit
With October done, here's the running total of realized profits since the course's inception:
Year One (Sep 2022 - Aug 2023) - $3,422
Year Two (Sep 2023 - Aug 2024) - $6,292
Sep 2024 - $1,373
Oct 2024 - $807
This brings the total for the last 26 months to a realized profit of $11,894 or a running monthly average of $457.
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 $457, or 9x 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
Markets don't like uncertainty, and the results of the election resolved a lot of that, sending the VIX 34% lower this week.
On one hand, that's great because many options positions that were previously open could be closed for a profit, on the other hand an environment of lower volatility can be challenging for selling options.
As always, I'm just here to take what the market gives me instead of having a particular outlook, so it's back to being patient and looking to what next week brings.
Have a good weekend!
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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.