ADP Earningstrade Summary

ADP Earningstrade Summary:

Entry: 2023-JAN-24
Exit: 2023-MAY-17
Days: 113
Risk: 20,000

Premiums: 410.30

ann ROI: 410.30/20,000*365/113 = 6,6%

I had to roll this trade several times.
I closed the last put option a month before expiration because the option lost 70% of its value in less than half the time.

The annualized ROI is rather low. Nevertheless, despite falling prices, I was able to book a profit in the end.