Option Trading Results for April 2011

Another day another dollar. Here’s option trading results for April 2011.

Well this month’s results were a little better than just a dollar.

For the option trades put on in April, the results were +5.62%. So for YTD 2011 the OptionGenius Portfolio is +24.82%

Option trading for a living?

Not getting rich overnight, but better than index and mutual funds for sure. I have read the when some hedge funds are up well above the average, like around 30% for the year, they basically take the rest of the year off. Hmm, maybe i should do that. Nah – it’s too much fun.

Could have had 11%, but one of the four trades went against us. We adjusted and cut the loss down but it still brought the overall average down.

Including April, we have been positive for 7 months in a row.

If you are not onboard, maybe it’s time to join. Got questions? Please feel free to leave them in the comment section below and check our blog post for more options selling and options commission advisory and tips.

2 Comments

  1. charlie dai on July 1, 2011 at 8:51 pm

    Is this portfolio taking into consideration of idle/reserve cash? In another words, does entire account, if autotrade with optiongenius, grow 25% as of April cycle?

    Thanks,

    Charlie

    • Genius on July 4, 2011 at 12:44 pm

      The returns posted only count the money put at risk. Each member is free to put as much of his/her money in each trade as they want. I give guidelines on what i would do but you do not have to follow.

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