Activity
The portfolio was down -1.90% and the SPX was up +0.01% this month.
In the SPY strategy, the June positions were closed and the August positions were opened. They subtracted 190 bps from the portfolio for the month.
In the SPX broken wing butterfly strategy, the May position expired, the June position was adjusted and the July position was opened. In hindsight, the June position was adjusted way too much. For the month, the strategy added 3 bps to the portfolio.
The good luck position in Berkshire Hathaway subtracted 2 bps from the portfolio.
Cash was flat.
Portfolio vs Index
