July Portfolio Income Report

Below is the portfolio income report for July expiration:

Credit Spread Strategy: 4.35%

To re-cap this month’s income, let’s look at what we made in premium vs. our required investments (in margin). Here are the positions we had with corresponding PROFIT/INVESTMENT and RETURN:

RUT 910/915 CALL SPREAD – $20/$480 = 4.17% Return

SPX 1,170/1,165 PUT SPREAD – $30/$480 = 6.38% Return

RUT 700/690 PUT SPREAD – $25/$975 = 2.56% Return

With regard to TOTAL INCOME and RETURN, the portfolio produced $80 of income after investing just $1,935 in margin. That means we saw a total portfolio return of 3.87% this month based on our model allocation.

Naked Puts/Calls Strategy: 1.98%

To re-cap this month’s income, let’s look at what we made in premium vs. our required investments (in margin). Here are the positions we had with corresponding PROFIT/INVESTMENT and RETURN:

DIA 105 PUT – $16/$1,034 = 1.55% Return

USO 30 PUT – $8/$300 = 2.67% Return

SPY 110 PUT – $18/$1,100 = 1.64% Return

IWM 65 PUT – $18/$651 = 2.76% Return

With regard to TOTAL INCOME and RETURN, the portfolio produced $60 of income after investing just $3,085 in margin. That means we saw a total portfolio return of 1.98% this month based on our model portfolio allocation.

Iron Condors Strategy: 1.56%

To re-cap this month’s income, let’s look at what we made in premium vs. our required investments (in margin). Here are the positions we had with corresponding PROFIT/INVESTMENT and RETURN:

NDX 2,025/2,020 & 2,425/2,440 Iron Condor (Rolled Higher) – $30/$1,920 = 6.84% Return

With regard to TOTAL INCOME and RETURN, the portfolio produced $30 of income after investing just $1,920 in margin. That means we saw a total portfolio return of 1.56% this month based on our model portfolio allocation.