2021 Stock Options Trading Year In Review
As you have probably heard me say a few times by now, increasing your revenue streams is paramount to reaching financial fulfillment. Outside of obtaining streams through my active physiotherapy income and real estate, I turned to learn about stock options after playing golf with Mark Loeffler and Josh Doyle and witnessing them earn income while draining putts.
Needless to say, I was intrigued but had no clue where to begin. Another bonus surrounding yourself with a strong network of like-minded people is that they usually have trusted referrals that have catapulted them into their current position. Their referral was to a local company called Theta Trading
I completed the entry-level course in Dec 2020 and spent two months trading with paper ‘not real’ money on the brokerage account. I made my first live ‘real’ trade on Jan 26 2021. Early Dec 2021 (as seen by the photos on the right) I attended their annual event. I was able to connect with a room full of like-minded people brought together with a common purpose; generating income to protect their time so they can live life on their terms.
In an effort to continue my mission of providing transparency, I have listed below the details of the last 11 months of my trading. My goal in sharing this information is to showcase the possibilities available that are not readily taught in traditional education that can allow anyone with an internet connection and a sound strategy to generate income.
11 Months
27 Trades
6 Underlying Stocks Traded
17 Naked Puts
10 Covered Calls
ROI Overall: 30.74%
ROI/ Month: 2.79%
When the U.S. dollar strengthens against other currencies, its effects reach portfolios across the globe. For Canadians, this could mean changes in the value of U.S. stocks within a portfolio, while American investors may see impacts on global purchasing power and the performance of multinational companies.