April 2023 Monthly Options Pre-Trade Analysis

[vc_row][vc_column][vc_empty_space height="16px"][/vc_column][/vc_row][vc_row][vc_column offset="vc_col-lg-1/5 vc_col-xs-12"][vc_custom_heading text="Key Stats" use_theme_fonts="yes"][/vc_column][vc_column width="1/4" el_class="text-left" offset="vc_col-lg-1/5 vc_col-xs-6"][vc_column_text el_class="amount" css=".vc_custom_1681447788455{margin-bottom: 0px !important;}"]

162

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Total
trades

[/vc_column_text][/vc_column][vc_column width="1/4" offset="vc_col-lg-1/5 vc_col-xs-6"][vc_column_text el_class="amount" css=".vc_custom_1681447794990{margin-bottom: 0px !important;}"]

136

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Winning
trades

[/vc_column_text][/vc_column][vc_column width="1/4" offset="vc_col-lg-1/5 vc_col-xs-6"][vc_column_text el_class="amount" css=".vc_custom_1681447807923{margin-bottom: 0px !important;}"]

84^%

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Winning
history

[/vc_column_text][/vc_column][vc_column width="1/4" offset="vc_col-lg-1/5 vc_col-xs-6"][vc_column_text el_class="amount" css=".vc_custom_1681447816857{margin-bottom: 0px !important;}"]

102^%

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Average
return

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Ranking vs Overall

[/vc_column_text][vc_column_text]April is a fantastic "normal" month for the strategy as it sits in the middle of the pack in terms of winning history. You will see this theme repeats in all of the data provided. One outlier is the average return, which is quite a bit higher than the upper end of our profit range.[/vc_column_text][/vc_column][vc_column width="3/4"][vc_single_image image="8073" img_size="full" alignment="center"][vc_single_image image="8074" img_size="full" alignment="center"][/vc_column][/vc_row][vc_row][vc_column width="1/4"][vc_column_text]

Risk vs Reward

[/vc_column_text][vc_column_text]April perfectly mirrors the risk and reward tradeoff of the strategy as a whole.[/vc_column_text][/vc_column][vc_column width="3/4"][vc_single_image image="8075" img_size="full" alignment="center"][/vc_column][/vc_row][vc_row][vc_column width="1/4"][vc_column_text]

Successful Picks

[/vc_column_text][vc_column_text]Some usual suspects here but you can clearly see AMZN has produced some incredibly high returns when it has been profitable in pervious years.[/vc_column_text][/vc_column][vc_column width="3/4"][vc_single_image image="8076" img_size="full" alignment="center"][/vc_column][/vc_row][vc_row][vc_column width="1/4"][vc_column_text]

Trade History

[/vc_column_text][vc_column_text]This is a compelling chart that shows April has been a very predictable month based on past history. The trend line is practically flat and all data points hover around the same range of profitability. This, by all accounts, has been a great month to trade this strategy in the past.[/vc_column_text][/vc_column][vc_column width="3/4"][vc_single_image image="8077" img_size="full" alignment="center"][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]

Analysis

[/vc_column_text][vc_column_text]Fully expect positive returns for this month. Stick to the averages and lock in profits as presented. This could be a good month to average out of stronger positions (see commonly winning chart above) to capture higher returns.[/vc_column_text][/vc_column][/vc_row]