Activity
The portfolio was up +2.13% and the SPX was up +1.84%.
The June SPY position was closed at the beginning of the month and replaced with a position expiring in August. The position added 89 bps to the portfolio this month.
An August SPX broken wing butterfly was opened in the middle of the month and the July SPX broken wing butterfly was adjusted shortly thereafter. The position added 129 bps to the portfolio this month.
The good luck position in Berkshire Hathaway subtracted 5 bps from the portfolio.
Cash was flat
Portfolio vs Index
