Weekly Newsletter   Challenge account   Weekly Newsletter   


Posted by Martin November 19, 2023

September – October 2023 SPX put credit spreads trading review

I was busy with many things last two months to report our SPX trading and today I am going to report both months I missed – our SPX trading in September and October 2023. Many things happened during these two months. I switched trading strategy once again as the previous ones didn’t work well to Continue reading →

Posted by Martin September 18, 2023

August 2023 SPX put credit spreads trading review

August 2023 SPX trading was slow. Since I trade mostly bullish trades, during bear markets or corrections I sit aside and wait. Time to time, I open a bearish trade but in corrections or during high volatility, the bearish trade may quickly turn against me and I do not want to have too many bearish Continue reading →

Posted by Martin July 29, 2023

June – July 2023 SPX put credit spreads trading review

I didn’t report June SPX trading as I was busy with other projects. So I am, once again, reporting two months – June and July 2023. As the markets started improving so our trades. We are finally able to eliminate trades that got stuck thanks to the bear market of 2022. And on top of Continue reading →

Posted by Martin June 04, 2023

May 2023 SPX put credit spreads trading review

It looks like I forgot to report April SPX trading, so in this May report, I will report both months. Both months were losing months. In April we lost -$1,303.00 (-2.54%) and in May we lost -$5,275.00 (-10.53%) while SPX gained 1.46% and 2.71% respectively. The loses were mostly due to letting bad trades go Continue reading →

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 →