Nov 2021 Wrap-up

This was a successful month for both the NASDAQ 100 and for our Put Credit Spread strategy.  The NASDAQ 100 gained about 1.6% over the month of November.  Our Put Credit Strategy brought in $865 on an account valued at $20,000, coming out to a 4.3% gain for the 4 trades that reached their expiration date this month.  We would have had the same 4.3% gain as long as NDX did not have a 5% decline in any of the weeks of trading. 

This month's gain on the NDX is a little smaller than what I would expect in a typical month, but this makes sense following the larger than normal gain from last month.  I was expecting November to close at 15900, and it closed at 16,135. I'm expecting good numbers again for December with a close around 16500. These numbers are purely based on historical averages, and do not account for any social, economic or political factors.