My best month was a 4% Return On Equity. I retired in Sep of '05. Before that, I couldn't devote much time to the market (blue collar), so I mostly did Covered Calls. Since retirement, I started with with lotsa naked positions, but was tying too much capital. Now I mostly do Credit Spreads. I have
so far to go in learning options, I still try to understand Greeks, but it just doesn't sink in.
Anyways, barring a black swan event, I think that 2-5% monthly ROE is realistic, if you maintain a disciplined style.
I owe a debt of gratitude to so many on this board for their willingness to share their knowledge and experience.
People like RichardRhimes, optioncoach, momoneythansens, ChrisM, jj90, jllm03....to those I omitted, please accept my apologies.
But back to the original topic, I think 2-5% per month ROE is very realistic, which is about 24-60% per year...and dat ain't too shabby.
I'm sure there are some here who really knock it out of the park, and I tip my hat to them.
I'm just happy to beat CD rates...
I know I haven't traded through a black swan, so I'm still wet behind the ears.
Arnie
(now let's hope for a quiet week, for my best month ever.)
, I would say something like...randomly sell otm and atm options. there is a natural positive expectency in doing so. 50 per a year is easy as such.
