August 2023 Monthly Options Analysis

Ranking vs Overall

August has thoroughly established it's place as one of the strongest months for our Monthly Options trading strategy. Trades in past years have earned the highest winning percentage and average return.

Risk vs Reward

Outperforms the strategy as a whole for any risk/reward sought.

Successful Picks

AAPL dominates in this cycle.

Trade History

This chart clearly highlights the consistency of the strategy in August. Note the very small number of losing trades.

Analysis

The market has been retreating from highs set mid July making a great set up for our strategy. There is nothing more unnerving than trading the call side when sitting on a peak and we do not have that concern this cycle. Per the analysis, we would expect a standard August with several winners in the target profit range.