May 2023 Monthly Options Pre-Trade Analysis

Ranking vs Overall

May sees marginal improvement over April in terms of winning history and is among the higher average returns for the strategy. This continues to be a great performing month for Monthly Options.

Risk vs Reward

May has consistently slightly outperformed the Monthly Options strategy as a whole.

Successful Picks

GOOG is the best performer here for consistency, but IBM has clearly produced some major returns and only faltered one year in the past.

Trade History

Great data presented here showing the consistency of this month. The vast majority of trades have produced positive returns. There is a slight trend line towards lower returns that reinforces our conservatism towards returns in the 30% - 50% range.

Analysis

We anticipate positive returns this month. Bear in mind the trends regarding returns and stay with the target averages and lock in profits.