FEB Results

I have closed out my last trade for February expiration and have tallied the final results. It was another great month. I have not posted monthly results before, but I plan to post a listing of my results for the past year by month. Stay tuned for that. As for FEB expiration, here is what we have:

Condors:

• 4 trades
  
• 4 winners
  
• +15.1% average
  

Vertical Credit Spreads:

• 15 trades
  
• 11 winners, 4 losers
  
• +4.5% average
  

Butterflies:

• 1 trade
  
• 1 loser
  
• -7.4% average
  

Totals:

• 20 trades
  
• 15 winners, 5 losers
  
• Overall ROIC: 8.7%
  

While an ROIC of 8.7% for the month is spectacular, I would stress that this is ROIC, not ROE. In other words, this is the return on my capital at risk, and NOT the amount that my overall account grew. I am still keeping a lot in cash so my overall account growth was much lower. Nonetheless, I can't complain.

Good trading…