June 2024 was my 9th consecutive profitable months and I wish to share with you all the trades that I made in June so that you can use them as a reference for your own trades.
The profit/ loss summary table of my 3 main options strategies is as follows:
The details of the trades made are as follows:
The bulk of my profits came from the new strategy that I use in June. It is the ITM Bull CALL Spread strategy that has been working well for me this year.
I have shared further on this strategy in this article:
Trying Out A New Options Strategy | If Nvidia Closes Above USD820 On 26 April 24, I Earn USD3.2k
I share my trades on the same day I execute them on my Patreon page, you can follow me there if you wish to see my trades for reference purposes.
Some of the trades that I made in June (shared on the same day):
[4 June 24] +USD 1434 Profits, CLOSED Nvidia BCS Positions
[13 June 24] +USD1272 Profits, Closed Nvidia Bull CALL Spread Contracts
[20 June 24] +USD202 Profits, 92.66% Returns in 3 days
Concluding Thoughts
It is amazing how a simple strategy, coupled with good performance of the chosen stock, could yield great results. Some readers have asked why I am not using the SOP strategy and the reason is that I am low on liquidity and selling PUT will consume up my already low excess liquidity.
I am thankful for another month of positive return and have cut my total loss in options trading to -12.8k. Hopefully, I can reach breakeven point by end Feb 25 (4 years onwards since my first trade). I also hope you find all my sharing on this blog useful.
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