Activity
The portfolio was down -0.80% and the SPX was down -0.83%. Doing the exact opposite of last month, I positioned the portfolio for a move up and everything was going great until this past Friday. Such is trading.
In the SPY strategy this month, the December position was closed down and the February position was opened. The strategy added 59 bps to the overall return.
In the SPX broken wing butterfly position, an adjustment was made to the December position. The January position was opened. For the month, the strategy subtracted 136 bps from the portfolio.
The good luck position in Berkshire Hathaway subtracted 3 bps from the portfolio.
Cash was flat.
Portfolio vs Index
