Synthetic Strategy: Quarterly Performance Analysis (4th and 5th quarters)

I’m a bit late in providing these updates, so here are the past two quarters.  As we go through our group introduction to this strategy for the coming year, I’ll be sharing the recorded sessions via YouTube as well. 
If you’re not familiar with the methods of measurement described in these two tables, scroll down to the previous post that gives a brief description of each.  Also, a couple of notes about the results displayed:

• They do not include the scheduled "deposits" that we make to the account.
• Performance of the full account is shown, which includes cash sitting on the sidelines.
• Our performance is compared to SPY with all dividends since we started the comparison included.
• SPY went ex-dividend in September, but the dividend isn't payable until October, so that dividend is not included.

Our first year results ended on June 30th.

Our fifth quarter results ended on September 30th

As you can see, we are beating the SPY on all measurements, and exceeding our goal of 2x out-performance.  The lower Sharpe Ratio reflects the added risk that we are taking; that shouldn't be surprising since we are using an option-only strategy for this account.