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2022 SPX put credit spreads trading review – week 13

Last week,the SPX PCS strategy finished up by +8.05% while SPX was up +0.06%. Our overall SPX account is up +110.75% since the beginning of this program. However, we still have -$2,425.00 in unrealized losses. At some point we will have to work hard to offset those losses.

Initial trade set ups


For my SPX strategy, I dedicated a $3,600 initial amount that will be used to trade SPX PCS strategy per week. If this amount is depleted, I will evaluate the strategy to determine whether to continue or change it. If I grow this amount, I will scale up the trading.

MONDAY 7 DTE Put Credit Spread
TUESDAY 30 DTE Put Credit Spread
WEDNESDAY 7 DTE Put Credit Spread
FRIDAY 60 DTE Put Credit Spread
EVERY MONTH 120 DTE Put Debit Spread – HEDGE


Last week trading


Overall, the strategy resulted in a $565.00 gain last week. Note that the gain might be unrealized as some or all trades may be still open. We also have quite a few credit call spreads that will give us some hard time in the near future as the market will go higher and we will have to roll them but overall, I expect good returns.

Initial account value (since inception: 12/07/2021): $3,600.00
Last week beginning value: $7,021.95
Last week ending value: $7,586.95 (+8.05%; total: +110.75%)
The highest capital requirements to trade this strategy: $19,160
Unrealized Gain: -$2,425 (-14.39%)
Realized Gain: $6,327 (+37.55%)
Total Gain: $3,902 (+23.16%)


SPX PCS account value
SPX PCS account value
Our SPX net-liq dropped last week. If the market is back to normal (hope) then I expect this to be a temporary loss and the account will grow again.

SPX PCS account vs SPX
SPX PCS account vs SPX index net liq
However, comparing the account with SPX net-liq, we are still outperforming this horrible market.

SPX PCS account vs SPX
SPX PCS account vs SPX index

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Also, if you like this report, hit the like button so I know there is enough audience wanting to see this type of report. If you have any questions or want to see anything else about my SPX trading, do not hesitate to contact me or write a comment in the comments section. Thank you!


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