The Following Results are
BEFORE we discovered Backtesting as our Edge
The purpose of looking at our 2019 and 2020 track record is to give context behind how and why we currently trade the way we do now. Becoming a trader is not all sunshine and roses. There is a learning curve, and many setbacks along the way!
In 2019, we sold puts every Friday that expired the following week. Some favorite stocks were Z, AMD, SNAP, and ROKU. This felt like a magical period. In addition to my high paying, demanding W-2 job, I was earning an average of $500 per week from selling options. I was barely paying attention to my trades yet still earning a substantial side income. 2019 was an exceptionally great year for the stock market with low levels of volatility, yet I believed I found the holy grail of investing, just sell options! 2019 resulted in overconfident mistakes that played out both in early 2020 and in 2021.
Notice* Capital and BP are the same numbers. I was not using any leverage at this time.
ROI - based on amount of capital that was used in the account in that given month.
Total ROI a the cumulative return of each month. I use this number because the capital I deployed for this strategy varied significantly over the course of that year.