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Posted by Martin April 01, 2023

March 2023 SPX put credit spreads trading review

February and March SPX trading improved well. We were actively trading our SPX strategy which delivered a $3,971.00 gain. Many of our trades got slammed in 2022 and instead of closing these trades for pretty large losses, I decided to use a rather unorthodox strategy. Many people will probably disagree with me and despise it Continue reading →

Posted by Martin January 28, 2023

January 2023 SPX put credit spreads trading review

The last trading month was rolling trades and adjusting the old ones only. We were not opening any new trades at this point. We had many trades that we rolled, and we do not want to add more risk until the old trades are fixed. We use “box” spreads to collect credit and use that Continue reading →

Posted by Martin December 28, 2022

Technical view: iShares Russell 2000 ETF (IWM)

  IWM is in stage #1. The index is trading in a wide sideways channel so far, and even if it drops back to the $165 level, the expectation will be the index may bounce back up. The chance is that the IWM (small caps) will outperform large caps next year. Expect the “January effect” Continue reading →

Posted by Martin December 25, 2022

2022 SPX put credit spreads trading review – week 51

Last week we were not trading any new trades. We only had two box trades expiring, and because of the market’s sell-off, they were deep in the money. Adjusting these trades was not feasible, so I decided to let them expire ITM (calls expired OTM) and reopen new trades closer to the money, which will Continue reading →

Posted by Martin December 18, 2022

2022 SPX put credit spreads trading review – week 50

I didn’t have time to record my SPX trades last week, and when I reviewed them later, I thought last week’s trading would be a disaster. I rolled many trades for debit, and I couldn’t see any way that the last week’s trading would end up positive. I also opened two box trades to offset Continue reading →

Posted by Martin December 10, 2022

2022 SPX put credit spreads trading review – week 49

Last week’s SPX trading was frustrating. I took a few bearish trades as the signals were mixed to the bearish outcome. Toward the end of the week, the signals turned bullish, so I opened a bullish trade. But the market was so volatile that the outcome changed quickly and crashed within a few minutes before Continue reading →

Posted by Martin December 03, 2022

2022 SPX put credit spreads trading review – week 48

Last week I dedicated myself to opening a few debit trades (that will have an impact on our profit as it is shown as expense/loss now, and it will be marked up as a gain or loss when we close the trade) and also fixing some of the old trades to make sure they expire Continue reading →

Posted by Martin November 26, 2022

2022 SPX put credit spreads trading review – week 47

We have many open SPX trades that, earlier this year, went in a bad direction. These trades are now in the money. I adopted box trades to help fix these trades. A box trade is a strategy that can be used in many ways. It can be used as a bond (when you buy a Continue reading →

Posted by Martin November 19, 2022

2022 SPX put credit spreads trading review – week 46

Last week was hectic trading. The markets were flat overall, but intraday, they were choppy and unpredictable. Trading SPX was difficult. We didn’t open any new trades; rather, we managed the old ones to let them expire worthless. That cost some money as many of these trades are debit trades. But in the past, we Continue reading →

Posted by Martin November 13, 2022

2022 SPX put credit spreads trading review – week 45

I skipped the report while traveling a week ago (week 44). Last week, I traded little, only adjusting a few SPX trades that needed our attention. Our goal is to be able to let those trades expire OTM. Other trades offset all rolls we did, yet we ended negative last week.   Our trades delivered Continue reading →