I ended down for the month of June, but still up for the quarter and still up over 30% annualized year to date.
In the first quarter I had $6,688.43 in realized gains. In the second quarter I had $3,172.80 in realized gains. What this doesn’t show is that I’m down $2600+ on NYX, but the premiums I’ve taken in have brought my losses down a good bit. I like to report in percentages for that reason. When investing through options you can fool yourself with only looking at your realized gains or losses. What matters is the full picture and that picture includes the ugly stuff too.
If I tried to figure out my return based on my realized gains I wouldn’t know how to factor in my monthly deposits without a financial calculator. Really, the only reason I look at realized gain is to be ready for what the tax man will want out of my pocket the following tax season.
I’m still ahead of where I thought I’d be by mid-year. That’s due to a few factors, the continued bull market, my bigger than expected deposits and some good trades mixed in with some luck I’m sure. Whatever way I got here, I’m enjoying it and hope for the best in the second half.