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I made $8k in distributions in July 2026 | Portfolio Review — Transcript · YTtoTranscript

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I made $8k in distributions in July 2026 | Portfolio Review

Bad Financial Decisions · 2,445 words · 12 min read · EN-ORIG

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Below is the complete, readable transcript of I made $8k in distributions in July 2026 | Portfolio Review by Bad Financial Decisions on YouTube. Read the full text, copy any part you need, or generate a transcript for any video with our free tool.

Hi, my name is Amy. Thank you very much for watching and let's make some bad financial decisions together. This is for entertainment purposes only. So, if you're entertained, please like and subscribe. I would really appreciate that. So, today we're going to be doing the monthly retrospective and um just keeping me honest with my goals and how

we did. And so in July we actually made $8,616 which I did that in 4 weeks when in June there were five weeks. So this is just the power of when the market goes down volatility goes up. So I was able to get more premium and some of my spy options got caught and then when I was rolling

it forward I got more premium than I was expecting. And then also I'm employed now so I can be a little bit more aggressive with my options. And the worst thing that's going to happen is I lose a little bit little bit of money but I more or less am getting enough money from my day job to pay all my

bills. And so um I've been able to work towards some of my goals. Uh, one thing also before we go into most of that, um, in July we went from, you know, $30,000 to $31,115 to $28,365. So, we are making progress. I had to cut down on how much I was paying per week

because um the market went down, my margin wasn't there, things like that. I also made some diff some changes to my portfolio itself where um so I took $10,000 from my Roth IRA account. So that made my equity more. And the reason why we're doing that is we're using that money to with option premium to now pay for my

personal loan. That $500 I was doing a week from my Roth IRA. And so that was the last $10,000 that we're taking out of my Roth IRA. and we're just going to reinvest everything from my Roth IRA into my Roth IRA so that I have money when I am retired. So, I actually lost a little bit of

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money. You just take this amount and subtract $10,000 and that's where we would have been with the ending equity in July. But July was a little bit of crap. Then I went from $134,353 of margin to $100,62. I'm really trying to stay above my $100,000 of margin so that I get the higher margin rate if I'm going to have

around $100,000 of margin anyway. So we and we increase the amount of collateral. I just put $10,000. It's usually like5 to $7,000, but we'll just average up for that. And also, because of all of the moves I've made, it is probably going to wind up being like 10 to $15,000 I have in options collateral

throughout the week. So, um, in my margin account, I ended up with 7 $74,618. In my leverage trash account, $4,88, which is almost half of what we have in leverage trash. And I wound up just selling out of my Weissy and taking that money and putting into my margin account so I I could improve my margin buffer.

And I also think I got out of semi. Like there's a lot of things that there's been changes to my large trash account, but I like what's in it at the moment. My Sailor Mooning account is the only thing that increased in equity, but it's also 70% in winter, so that's not necessarily a good sign. But my ending

value uh buffer percent was 30.88% 88% and I still had like $2,500 in options collateral. So, we're moving in the right direction for margin buffer. I never want to be at 11% margin buffer ever again. That's really stressful. So, and I also had $23,25.7 in my ending buffer as um the amount of

money that I could pay and or invest and not get margin called. So, in July, some of the things that I did, I did sell SLTY. I made a whole video about it, but basically we had two really awful days and they didn't go up and it's an inverse and I accepted that

it was going down in price because it was paying a 70% yield. But if it's not going to go up on down days, then why do I have another stressor in my life that is constantly going down in value? And so the goal has changed. I was trying to get $1,000 a week in my

distributions and $1,000 a week from my options, which would be uh like $2,000 in total. And most of the weeks here, I was able to get my $2,000 a week. This last week I was I went to my cousin's wedding and so I wasn't really I didn't trade on Friday and uh there were

I was trying to get myself out of a bad trade and I put in like normally I take a zero day to expiration and I move it to a one day to expiration and I just keep rolling it forward. What I did was I closed the zero day expiration and then I opened up

a zero day expiration just with a wider leg. And so I spent most of my week just trying to get myself to be positive for the week. And so I was able to really outperform the five weeks from June with a week where I only had $1,260 in premium. So if last week I hadn't

made that one mistake, then we would have had a lot more in premium. But I think when this isn't really when you're doing the put credit spreads and the call credit spreads, it's not really investing. It's more like gambling. And so I started this spar spy ROI and a sheet. And so I'm just wondering

how long is it going to take me to between the spy and XSP because what I'm doing is I'm doing an iron condor on an XSP because um it is cash settled and so I don't have to close the options if they're worthless. And then the spy is much easier to move around things because the

volume of it is much better. the tax for XSP is much better, but is more expensive to put out a contract. So, each of them have their pros and cons, but um I'm just really interested to see if and just because it's $20,000, I don't have $20,000 out. In normal times, it should be, you know, between like 10

and $13,000. I have and that way I have money that I can actually Okay, so first of all, I had around $5,000 I was using with options. Anyways, then I have the $10,000 from the Roth IRA and I sold $22,000 of my SLTY. So, I have more money that is in the margin buffer that I can use when

I'm rolling over options and trying to make myself like net pro positive. But in general, I want to be operating with less options and less collateral. That way, if I have to change a position, I I have enough margin and I can um make it profitable right away. What happened really early last week was I hit my

upper limit. I was at $20,000 of options collateral. I didn't want to just continue to increase the amount of risk I was taking on. And so I took a loss and then I spent the rest of the week doing different options to make myself positive for the week. And so I don't regret doing it that way. It did

mean that I didn't have as much profit. But when you're doing gambling, when you're doing single stock options, when you're doing things that are not basically OVL and chill, there's different rules that you have to put in for yourself. And so I'm trying to do options with a relatively small amount of my portfolio.

the rest of it. I am trying to increase the amount of OVL that I have. However, with OVL, the problem with that is that it only pays a 10% distribution. And so, it's going to take, you know, $100,000 for me to get another $1,000 a month. And so we're working towards it cuz you're

never going to get that $100,000 unless you continue to buy into it. So I am trying to get my OVL to be around half of my portfolio. Right now it's like 8%. But it's going to be slow, long grind. And at the same time, I'm trying to pay off my debts so that um well,

specifically the personal loan by the end of September if things are going well. If not, we can extend that deadline. However, that's over $1,000, just over $1,000 a month. And since my expenses are like $7,000 a month, I'm making $8,000 right now a month. It would be just better if my expenses go down to $6,000

a month and I make $8,000 a month. And then that, you know, it gives me an extra $2,000 to pay towards the rest of my debts. And you know, as we start going, and that's the really biggest one that with the 15.25% 25% interest rate and it being $1,000 a month. After that,

I have like smaller loans, things that are more manageable. And so, um, it'll really like snowball and avalanche at the same time. So, um, basically, I do have a plan for paying off my loans and then my expenses will become less and less and the amount of money I'm already making in my portfolio is enough.

But the phenomenon that's going to be happening is when in July when the market went down that means implied volatility is usually up. So then you get more premium. It was down and flat for such a long time though that it was down and there was no implied volatility. So we got paid less. And

then sometimes on the way up the like your value of your portfolio will go up, but then the implied volatility goes down. So then you're still getting paid less than you were before the dip and it will recover eventually and there will be other, you know, flat implied volatility times and we just have to plan around

that. But um basically I I really just need to get a couple of these debts out of the way. Then we can really focus on getting me into more of these monthly payers that pay a little bit less, but they have more price appreciation when the market goes up. And then probably halfway

through next year, we will really tackle my mortgage. And then after that, everything's really pitily. And um you know, when I'm have only $2,000 of expenses per month on average, and I'm making 8 to $10,000 a month, there's really no problem. I can save, I can reinvest, I can do all of pretty much

the goals that I have with my life. It's just really getting through this first debt, I think psychologically will really help me. And so, um, I didn't do any like percentages or anything, but for QLDY, this is currently like 40% of my portfolio. We're really going to want to get that down to like 20%, but

not by selling, but by buying more OVL. uh Miny Goalie and GDXY, they it turns out that when things go really bad and the degenerates get their portfolios wiped out, they sell their gold. And so there are situations where equities will go down and gold and precious metals will go up or at least not be down as

much, but that has not been our lived experience in July. So, we're not This would be a good time to add because the prices are low, but I'm not adding it because right now it's like 5% of my portfolio, which is probably the correct amount. Winter is staying because I have IBIT and it

counterbalances that, you know, 10%ish. Gax is international. I really like it. And there's that. So then we no longer have salty. So that's pretty much my entire portfolio at the moment. That's not these monthly spy I kiki tdeac, egg, ovl, gpx, t-spy, eggy, and hcow, which hcow has done really well comparatively. This has just been like the perfect

environment for it to shine. So, um, next time there's a bull run and after I've made my OVL goals, maybe we'll increase this to like 500 shares. Uh, we don't need a lot of H cow because it's going to be a drag on the portfolio, but um, it's based on the cows. It's cash

positive um, companies. And so when you have tech sell off and you know really riskoff environments that's when HC cow does really well and um for mill trash account I'm building up increments of five. So um we have you know KYLD from curve YAX still which I'm building up a position now. SLTY stays here because

it's only 35 shares and um this is a cash account and so uh if I can get a little bit more money then sure and TDAX Ts those are leverage S&P 500 and the NASDAQ 100 I really like those. Those do better in my opinion than the NEOS ones but um we'll just have to see how that

goes in the future. UTI is one that we haven't had a risk on environment this entire year. So once we go risk on again, I'm hoping that the NAV kind of uh goes up. So and ISSB and ISBG, those are quantify funds stacked. I love them. We really just need to get through the

winter and then you will all see how uh excited I'm going be that I stacked during the winter with those. And so then we have Misti and Winter. Winter is like 70% of this portfolio. So we're trying to get it so that Misti's a bigger portion of the portfolio. And at the end of this winter, like the

physical winter, I am going to um make it so that winter is only 10% of my portfolio. Anyways, I have to go to work. So my question for you is, how did you do in July? I would really love to thank the members on my channel. You all are amazing. And I'll talk to you later.