Activity
The portfolio was up 0.42% and the SPX was down -0.16% for January 2020.
Since the Feb SPYs were getting closer to expiry, I closed it out and replaced it with Apr SPYs. The position added 85 bps to the overall portfolio.
The Jan SPX butterfly expired and I added a Mar SPX butterfly. The butterflies subtracted -42 bps from the overall portfolio.
The good luck position in Berkshire Hathaway subtracted 1 bp from the portfolio.
Cash was flat.
Portfolio vs Index
