Just wanted to give an end of year update on my trading system.
I finished the year at +52%.
I was up 20.9% for the 4th quarter. No real changes in my process.
I’m still selling cash covered puts until I end up purchasing the stock. Then I sell covered calls on the stock until it gets purchased from me.
I had 19 trades that were started and closed during the year. 15 of them generated a profit. I only had 1 losing trade the last 6 months.
Just wanted to button up the year. This definitely works in a normal market. I’m starting 2024 with twice the amount of cash as last year.
Thanks for reading,
Darryl