Monthly Update – January
Starting balance: $51,405
Ending balance: $53,044
Net P&L: +$1,639
Return: ~+3.2%
Performance by strategy:
Directional trades: ~+$1,500
Short puts / semi-directional: positive, in line with expectations
Strangles: –$1,290 YTD
Strangles underperformed mainly due to...