Even though I couldn’t trade that actively in March, it was an exceptional month. Overall portfolio return in the month of March was 32.6%. I am an income trader and target 5-8% per month (on overall portfolio) therefore I don’t expect months like March to repeat quite often.
Key trades of the month include: [...]
In stead of waiting till friday and get more Juices out of it (or otherwise) I decided to close my VMC double diagonal income trade. Key reason for closing the trade is rise in IV and also the current stock market environment. Should the stock fall further I may lose out the winning position so [...]
This is to provide an update on the VMC double diagonal that I had shared with registered users (and later with all) (Click here to find the trade). The trade was opened on Feb 26, for $313 (Debit) per double diagonal spread. Today the spread is selling for $383,that means I have already gained about $70/trade. [...]
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