Here we explore the put credit spread trades I placed on the SPY durning the month of August 2015. This is my primary trading strategy for monthly income. By trading put credit spreads on the SPY I am typically in a trade for 23 days but no more than 45 days.
| Ticker | Type | Spread | Expire Date | Open Date | Closed Date | Open Credit | Closed Debit | Profit / Loss |
|---|---|---|---|---|---|---|---|---|
| SPY | Put | 194 / 196 | 8/28/15 | 7/27/15 | 8/10/15 | $0.20 | $0.03 | 9.44% |
| SPY | Put | 194.5 / 196.5 | 8/28/15 | 7/27/15 | 8/17/15 | $0.22 | $0.03 | 10.67% |
| SPY | Put | 199.5 / 201.5 | 8/28/15 | 7/22/15 | 8/28/15 | $0.17 | $2.00 | -100.00% |
