Week 814 Gold, Option Write/Hedge (GOWH) Position & Performance Update

Sections
1) Current position
2) Week 1 through 812 performance summary data & trades spreadsheet
3) What I like about this program
4) How this program trades
5) 2 January 2007 through 5 August 2022 weekly and annual performance
6) Video walking you through every trade for 2021

1) Gold Option Write Hedge (GOWH) current position week 814

Trade 1 (existing position)
Sold 1 $1,800 week 2 call against our long +$12.00 per ounce = +$1,200 per contract
Week 806 delivered gold currently long October at $1865
Settlement $1779.60 open trade equity on the underlying position -85.40 = –$8,540
Bought 1 $1,725 week 2 put paying $1.90 per ounce = -$190 per contract
Collected on the trade 1 week 814, $10.10 per ounce +$1,010.00 per contract

Trade 2 established a credit spread trying to add to our long position
Sold 1 $1,760 week 2 put collecting $7.30 per ounce = +$730 per contract
Bought 1 $1,725 week 2 put paying $1.90 per ounce = -$190 per contract
Collected on the trade 2 week 814, $5.40 per ounce +$540.00 per contract

Total collected on the week 814, $15.50 per ounce +$1,550.00 per Unit

2) Gold Option Write Hedge trade-by-trade spreadsheet weeks 1 through 814

3) What I like about this program

- It collects weekly option income
- Risk is objectively defined on every trade
- Overall account risk can be defined before the first trade goes on
- You get paid to buy gold lower (put write entry), paid to sell it higher (call write offset)
- Total weeks 812, 730 up weeks, 81 down weeks. even 1, (on liquidated positions)
- Trading methodology is fully disclosed enabling performance verification.
- It’s an ATA, trades are placed and monitored by a team of seasoned professionals
- 2 to 48 hour liquidity in portion of all in any major currency
- Has a low minimum ($25,000 per unit)
- Message me with any questions.

4) How it trades

From neutral we write a slightly out of the money put option weekly collecting time premium, using a percentage of the collected premium buy a deeper out of the money put to define risk, (put credit spread) this procedure is repeated until we’re delivered a long futures position at a lower price.

Once delivered a long position we write a slightly out of the money call weekly collecting time premium, using a percentage of the call premium collected we buy an out of the money put to define risk, (collar) this procedure is repeated until the long futures position is called away at a higher price.

5) Gold Option Write Hedge trade-by-trade spreadsheet weeks 1 through 814
xxOffset positions