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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 December 03, 2022

November 2022 $100 Challenge account review

The markets started improving, and we are saving cash to start selling options again and reinvest proceeds into the dividend-paying stocks. I plan on having enough cash next month to start selling some spreads. We have a lot to catch up with.   Accumulation phase   The account is still underperforming our goal but started 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 →

Posted by Martin October 30, 2022

2022 SPX put credit spreads trading review – week 43

Last week I traded a few SPX trades only. Most of them finished as winners, but the last one had to be rolled as the market jumped up too much. I didn’t expect that. Now I will not be opening any new trades until this one is gone, plus I will be repairing the old Continue reading →

Posted by Martin October 30, 2022

October 2022 $100 Challenge account review

The markets were improving in October, and so was our challenge account. It was growing again. We keep investing and building a base to monetize our positions. Our goal is to buy good quality stocks and use them to generate more cash that can be reinvested or used for spending. Ultimately, we plan on reaching Continue reading →

Posted by Martin October 23, 2022

2022 SPX put credit spreads trading review – week 42

Last week we opened only two SPX trades and one adjustment. All trades finished for a nice profit. If the market continues higher for the year-end, we may have more successful trades.   Our trades delivered a $367.00 gain. Our account weekly trading is up by 0.99% while SPX gained 4.74%.   Our SPX account Continue reading →

Posted by Martin October 15, 2022

2022 SPX put credit spreads trading review – week 41

We traded only two SPX trades last week and one SPY butterfly adjustment. That trade may end busted. Maybe, next week I will try to adjust that trade again to squeeze some credit from it, but as of today, the trade might be just a bust. I wanted to adjust that trade to a credit Continue reading →