[Options] May Positions Review
May 1, 2020
However, this month is a little unique -- all of our positions with May options have already closed! No surprise considering we put on a lot of shorter duration short premium places coming out of the corona virus bottom and they quickly met their profit targets as vol collapsed or one way markets took us out at stop losses.
Here's the scoreboard:
May positions closed for profits: $BYND (closed half on 1/8, 2nd half on 4/23), $DOCU (3/31), $AMD (4/7), $XLI (4/6), $XLU (4/21), $XLF (4/22), $GLD (4/17)
May positions closed at a loss: $SPY (closed winning partials 4/2, 4/3, closed rest for a loss 4/28), $XLI (4/29), $IWM (4/30)
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