Since I last posted, I have closed seven naked put option trades and opened four new ones. Towards the end of this past week, I didn’t find any new trades that I felt comfortable with taking on. The market feels risky to me right now. That feeling is confirmed by my tactical asset allocation (market timing if you will) model that provided a caution signal a week ago for the first time since mid-May 2020.

At present, I have about one-half my normal open naked put option trades on. As I stated recently, the naked put option trades felt too easy. Time will tell but I suspect that it may soon be difficult to get the returns I did since I started posting my trades here last year.

All the best in trading and in life.