Dividend Growth Investing for Financial Independence
It’s time to review my options results as part of my Dividend Growth Journey. As a regular visitor of my blog you know that I try to boost my income and portfolio value by trading options. February has been fantastic in terms of secured income and the cash flow remained positive. The highlight of the month was the option trade on MSTR, which I closed early.
In 2020 I experienced the downside of options trading when not covered and suffered substantial losses. Ever since, I controlled my risk level better and learned a great deal on what options to trade to get the best trade-off on premium vs exposure. The recovery in the second half of 2020 was good but I am as of January 2021 still accumulating a loss of close to $17,000 out of options trading.
Find out what my current positions are and which trades I did in January 2021.