Trading short vertical spread options for May

I want to start sharing my trading results each month on this blog. I started this method of trading/investing in the Spring of 2022 .. just a few months ago .. and am fine-tuning it as I go along. Lots of lessons learned the first month or two, but have been doing great the past few months.

The key was to create a method of using my money to make money that was low-stress and yet steadily made a good stream of income. I had tried dividend investing last year and it worked quite well … but I wanted my account to grow faster. So I took a chunk of money and opened an options trading account.

February and March were “learning months” and then April started the UP-trend nicely .. followed by a great May and June and July (so far).
SO –> I thought I would start sharing my trading results/details.
Starting May I had about $30,000 in the account and have profited over 10% each month. Nothing super exciting .. not a “get rich quick” scheme . . . but certainly the low-stress and steady stream of income. If continued, this will amount to a doubling of my money every year. I have a lucrative regular job so I do not need to touch this money until I “retire”. In five years it’ll be into the million$ .. then I can retire.

Anyway . . . here are my trades for May-2022 . . . I will continue to post each month’s results as I gather them together. Enjoy !!

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my short vertical spread Trading for May-2022

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