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December was a beneath common month for choices buying and selling.
I solely made $570 as a result of a few of my trades had been fairly dangerous they usually didn’t prove nicely.
However altogether I’ve made $51,000 from web possibility premiums in 2022. That’s much more than I made within the earlier yr after I began buying and selling choices.
One of many largest classes I’ve discovered in December is to take smaller dangers and promote decrease delta choices.
Making 2 or 3 thousand {dollars} per thirty days constantly is healthier than scattered returns like what occurred with my buying and selling in the course of the summer time months of 2022.
One new technique I’m attempting now could be to purchase choices after I see an impulsive worth motion on the 5 minute day by day chart.
The concept is I can earn more money this manner than promoting out of the cash choices. However provided that I’m diligent about danger administration.
It’ll require monitoring my trades all through the day. If you purchase an possibility time decay works in opposition to you so it’s higher to get out and in shortly.
I’ve heard that different merchants have success with this technique so I’ll see if I could make it work. ?
Shifting ahead on this new yr my aim is to earn about $3,000 per thirty days constantly from possibility premiums. We’ll see the way it goes.
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Random Ineffective Truth:
In keeping with the LA Instances the worth for a carton of eggs in California greater than doubled in 2022.
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