December 2019 Performance

Activity

The portfolio was up +5.08% and the SPX was up +2.86% for December 2019.

There was no activity in the long SPY position. The SPY position added 484 bps to the portfolio.

I added the SPX Feb 21 broken wing butterfly and adjusted the SPX Jan 17 broken wing butterfly. The SPX position added 19 bps to the portfolio.

Berkshire Hathaway added 5bps to the portfolio return.

Cash was flat.

Portfolio vs Index