Do you know how your stock performance is relative to put selling??
And you are not leveraged...
The biggest gains have come from holding stock while waiting for it to be called away.
No, not leveraged. The gain from option sales is about 35% of the total profit.
So you are saying the biggest gains come from the stocks that you have been "put"(wrong on) and sold OTM calls against??
You sell weekly puts,when wrong, get assigned and then sell an OTM call above the initial strike of the put sold even though the stock is lower????
YIKES
dude pls...OPs post is like "look I'm putting 500$ each month into SPY, look how awesome I'm winning"As some others have pointed out, this forum can be seriously toxic when it comes to others success. Some time ago I penned it on the typical trader's alpha male mentality of winner takes all and, conversely, if someone else wins, then they must be losing.
Appreciating that there can be more than one winner or that losing sometimes does not make one a loser is lost on many. The pressure to always win and always win more than everyone else is ridiculous at best and may explain why I suspect some of you are living in your man cave.
Failing isn't losing, it's learning. Sometimes a strat works a few weeks, months or years then fails and a new one needs to be found that works. Sometimes the market's with you and it's easier to make money, sometimes it's a bitch and nothing seems to work. I just would rather celebrate those who are successful and encourage those who are failing.
Two positives...The OP is trading this strategy cash secured(no leverage) and he certainly appears to be a good stock picker..
Whats interesting is his biggest gains comes from stocks that are his initial losers,not from the winners from expiring puts.