A.I.M. Users Bulletin Board

[SFSecurity]

Hi Gang, Yipee!! Although I could have done better had I calculated a better exit point and placed it as a GTC and actually followed through with the two AIM directed trades, I still did quite well with IJR using the selling a PUT plus buying some extra. I almost didn't buy enough extra but I came up with one extra share.

I put the trade into an AIM spreadsheet like I talked about before. I used weekly data for the calcs.

My total investment was $23,630 and I had 350 shares, total as of 8/28/2017, 179 days ago. I sold them all today for a total of 27,119.37, including commission for a net total of $3,489.37, 32.45%/year.

Had I followed through, and hadn't been overly cautious, I would have made about $500-600 more.

To do the same with AIM alone I would have had to spend ~$30,500. The very best I could do playing with the buy/sell/minimum trade size was -5% buy, 10% sell, and 4.28% minimum trade size for a return of 21.15%/year for a net income of $3,021. Using the standard 10/10/10 I got 19.7%, and the same result using 10/0/10.

$478.37 ain't a ton of money, but it is nothing to sneeze at either.

So the basic idea of selling a PUT plus buying extra shares, I'm guessing ~25% more is the right range, seems to work. Now to find the next trial position. I might look at 2x ETFs and see what I can do.

Have a good weekend, everyone.