This week’s SPX trading report is easy – I didn’t trade. I didn’t even roll any existing trades but I will do roll next week, or adjust in some way. I was traveling and didn’t have time to watch the account. So I left it alone on autopilot and maybe, it was a good thing Continue reading →

I wasn’t trading SPX much last week. After only a few adjustments, but after that, I was just waiting for the expiration. The trades expired on Thursday (based on Friday’s opening price). I am heading into the next week with existing trades only and do not plan on opening new trades. I might if the Continue reading →

Last week’s SPX trading was hectic. I didn’t have much time to record my trades, and trying to record them all today was a huge pain. I did a lot of rolling, some unfortunate and unnecessary – they turned into a disaster. But I am slowly getting to my standard trading, and if the market Continue reading →

Last week, I didn’t trade SPX trades much. I only opened two trades and mostly was sitting on my hands waiting for those trades to expire which will be happening next week and two weeks later. The overall profitability is improving again as I no longer defend the old trades but start opening new ones Continue reading →

Our SPX trading is improving, and we are slowly returning to regular trading. Yet I am still cautious, keep it slow, and keep my strikes as far away from the market as possible. The market reached previous strong support, now resistance, and after the strong rally we saw last week, we may have a strong Continue reading →

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 →

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 →

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 →

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 →

Last week’s SPX trading strategy was again mostly about adjusting our old trades than trading new ones. The goal is to let the old trades expire one by one before we resume opening new trades. It will be a difficult task as many of our previous trades got deep in the money and need time Continue reading →