In March we became a bit more active again and mainly did a lot of option trades. However, these trades do not serve to make a profit, but are intended to secure the very good performance of last year.
March performance in real money account
We started March with an account balance of $207,078.62 and stood at $219,295.24 on March 31st, which is a percentage gain of 5.90%.
Who would have thought that the lame DAX would outperform us one day? We can be very satisfied with almost 6% and are thus well above our targeted monthly return.
- Short in the calendar spread on the VIX (VIX) +$$6.850,96
- Short Calls on Coffee (KC) +$1,000.62
In March we focused more on minimizing potential risks and are currently in the process of hedging our account with a few trades. To do this, we use put options in the form of a ratio spread so that the costs are not too high.
Performance since the start of the real money account
Since the start of the real money account, we have achieved an overall performance of 119%.
The last year is not representative as we benefited from extremely favorable framework conditions. But even in 2018 we had to accept serious setbacks and never fell significantly. The situation is different in the broader market.
For comparison, the development of the known benchmarks over the same period:
The slumps are harder and the recovery weaker. Of course, almost 50% in almost 3 years is not bad, but our aim is 30-40% a year, but at least 100% in 3 years. So we are currently on target and are all the more pleased that we now have an active hedge in our account.
Current positions in our real money account
We currently have these positions open:
Screenshot 02/04/2021 9:25 a.m.
Next Monday we will be able to close a further VIX calendar spread in profit again. Our VXX trade, which we have provided with a covered put, will now very likely also be closed in mid-April. We are very pleased with the way we have traded the fallen volatility and a very large portion of the gains from the past 12 months come from that.
Overview of past 3 monthly reports
Here you can find the individual reports of our real money account for the last 3 months:
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