Hello drjoe
I have only just had the time to go through your "DIAGONAL LEAP SPREAD PORTFOLIO STRATEGY".
I hope I am not missing something but I do not see how the returns can be achieved using the allocations described. I have $100,000 total.
Total account = $100,000
Required return pa on account @ 15% = $15,000
Fixed (60% of account)$60,
Return required from DLS = $15,000-$2400 = $12,600 = $1,050 pm
Using SPY @ ~$125
LEAPS = $40,000/$125 = 4 contracts (rounding up)
CC = .8 of LEAPS = 3 contracts
Would I not be struggling to achieve $1050 pm from 3 contracts, even before accounting for the LEAP per month decay?
Thank you for anything you can help me with and again, I apologise if I have not understood fully.
Peter
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