1. Did I Beat the Index?
Honestly? No—and that is strictly by design. When the underlying indices sprint vertically like they did in May, a disciplined income and premium-generation strategy will almost always lag the raw benchmark. Capped upside is the trade-off for consistency. However, securing high-probability realized yields while the market climbs allows for steady portfolio compounding without the anxiety of buying into a peak.
2. Healthy Bull or Hollow Top?
It is a highly concentrated bull, but calling it "hollow" ignores the fundamentals. The mega-caps propping up these record highs are delivering actual, historic earnings and free cash flow, separating this environment from past tech bubbles. That said, market breadth is thin, which leaves the broader market vulnerable if the top tier takes a breather.
3. My Direction and Strategy for June
After a +5% to +8% monthly surge, a period of horizontal consolidation or mild mean reversion is highly probable for June. Markets rarely move in a straight line forever.
Because of this, June is an ideal environment to pivot away from chasing equity highs and focus instead on monetizing volatility. I am favoring a neutral-to-slightly-bullish stance—positioning capital to sell out-of-the-money premium on core indices like NASDAQ 100(NDX) and S&P 500(.SPX). This allows us to extract consistent yields from the market's sideways digestion phase while keeping a comfortable margin of safety below these fresh psychological resistances.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
