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Posted by Martin June 18, 2022

2022 SPX put credit spreads trading review – week 24

Trading SPX strategy is challenging this year and very frustrating. I am not opening any new trades but managing the old ones as I got caught with those trades rapidly getting under the water. Should I have closed those trades for a loss? Some traders would. I have a loss aversion, so I decided to Continue reading →

Posted by Martin June 11, 2022

2022 SPX put credit spreads trading review – week 22-23

My family and I went on a vacation a week ago, so I skipped the SPX report a week ago. This report will be a combination of both weeks. Surprisingly, the trading week ago and last week were not as bad as I thought they would be. We managed to roll the trades, and in Continue reading →

Posted by Martin May 27, 2022

2022 SPX put credit spreads trading review – week 21

Last week I didn’t trade SPX much, just tried to stay afloat. I mostly rolled the trades away and created box trades. That is a trade where a short call has the same strike as the long put and the short put has the same strike as the long call. This way the structure resembles Continue reading →

Posted by Martin May 20, 2022

2022 SPX put credit spreads trading review – week 20

I expected 2022 year to be slow and not as profitable trading as 2021 but what is happening this year is outstanding. Nevertheless, our SPX trading is doing well so far although it is very difficult trading. I am adjusting trades to get busted again. This is one of the reasons why as an investor Continue reading →

Posted by Martin May 13, 2022

2022 SPX put credit spreads trading review – week 19

This selling is becoming frustrating. Our SPX trading strategy held relatively well, mostly because I didn’t trade much. All I did was sit tight and manage trades that needed adjustment. I only opened Friday trade and used the collected credit to help offset another trade that needed adjustment. Next week, I will be doing the Continue reading →

Posted by Martin May 07, 2022

2022 SPX put credit spreads trading review – week 18

For 18 weeks ur SPX PCS strategy performed well while the market was selling off. It was not an easy journey this year. When I started this strategy at the end of 2021 I hoped for a better start and large profits. The market had a different opinion. Despite heavy selling, we finished up by Continue reading →

Posted by Martin April 30, 2022

2022 SPX put credit spreads trading review – week 17

Our SPX PCS strategy finished up by 1.71% while SPX lost -3.27%. Last week was a horrible week. As pundits and media say, it was the worst week since 2008. There seems to be no end to selling pressure. Our account performed well but I do not feel happy about it because it was very Continue reading →

Posted by Martin April 23, 2022

2022 SPX put credit spreads trading review – week 16

Our SPX PCS strategy finished up by 24.27% while SPX lost -2.75%. Last week was a horrible week. The market lost over 5% in two days based on fear of the FED raising rates “too aggressively”. But our account was up significantly. But there is nothing much to celebrate. All I was doing was adjusting Continue reading →

Posted by Martin April 20, 2022

Netflix (NFLX) isn’t dead despite Wall Street’s gloom and doom

Netflix (NFLX) reported a decline in subscribers in the second consecutive quarter. And Wall Street is panicking and predicting the end of the company. Everybody – Youtubers, talking heads on CNBC, Facebook, Reddit is now bearish and talking about the gloom of Netflix being dead. Everybody has a solution now and everybody knows what to Continue reading →

Posted by Martin April 16, 2022

2022 SPX put credit spreads trading review – week 15

Last week,the SPX PCS strategy finished down by -0.50% while SPX lost -2.13%. It was because we didn’t trade much. Our strategy is directional and we trade to the upside. When the market is bad, we stay away. From time to time, we take a bearish position (credit call spread) but in this market, it Continue reading →