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Posted by Martin July 23, 2022

2022 SPX put credit spreads trading review – week 29

Last week, the SPX trading improved again. We traded a little last week. We opened new credit spreads and adjusted some older trades only.   Our trading delivered $1,020.00 gain. That brought our account down by 3.79% while SPX gained 2.55%.   Overall, the SPX account is up +675.05% since the beginning of this program, Continue reading →

Posted by Martin July 19, 2022

Bear market is over

Yes, this bear market is over despite what the talking heads and other morons will try to tell you. Six months of selling and extreme bearishness is enough. Why? Despite the high inflation, which is, by the way, going down, supply chain issues that are improving, and a war in Ukraine, which is stalling, the Continue reading →

Posted by Martin July 16, 2022

2022 Week 28 investing and trading report

Last week the stock market eased on the selling pressure, and we were able to increase positions in some of the beaten-down stocks and resume trading and not just adjust the old trades. If this trend continues, I expect even better trading results in the year’s second half. I added more stocks last week, resumed Continue reading →

Posted by Martin July 16, 2022

2022 SPX put credit spreads trading review – week 28

Our SPX trading started improving significantly. Our measures of opening box trades delivered enough credits in the past few weeks to offset trades that were deep in trouble. We could roll them down and use the credit to do so. Now, these trades are expiring out of the money, releasing buying power and allowing us Continue reading →

Posted by Martin July 09, 2022

2022 Week 27 investing and trading report

Despite the market selloff of more than 20% this year and my account investments decline, the year 2022 is starting to turn into a good year for our investing and trading. Yes, overall, we are still down more than 30% this year, but We were able to navigate our options trades to stay positive, buy Continue reading →

Posted by Martin July 09, 2022

2022 SPX put credit spreads trading review – week 27

Last week in the markets was calm and that was very positive for our SPX trading. We rolled one trade into a new box and rolled other trades to make them better positioned for expiration this upcoming week. Adding a new box brought in significant credit which we can use to offset trades that are Continue reading →

Posted by Martin July 02, 2022

June 2022 $100 Challenge account review

The stock market is still in a bear market and has high volatility. That is why we are accumulating stocks right now and do not trade options. This market is not good for a small account, so we must wait before we resume trading. Until then we will just accumulate.   Accumulation phase   The Continue reading →

Posted by Martin July 02, 2022

2022 Week 26 investing and trading report

June 2022 is over and the first half of the year with it. It was a horrible half of the year for trading. Even the 2020 slump was better than this. But I look at it positively and keep investing in good quality stocks as much as my buying power allows. I suspended trading risky Continue reading →

Posted by Martin July 02, 2022

2022 SPX put credit spreads trading review – week 26

I was aggressively adjusting my SPX trades last week. I was using a “box” trade strategy to generate income and then used that income to roll the trades that were in the money. So far, this is the best way I could come up with to fix bad trades. I hate taking losses so unlike Continue reading →

Posted by Martin June 26, 2022

2022 Week 25 investing and trading report

Last week, our trading was not as successful as the week before. I still was battling with buying power issues and I had to close many trades early. I was closing them for a profit but smaller profit than expected and for debit. That debit lowered our options income by -$2,341.00. However, I could add Continue reading →