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January 2015 Trades

Here we explore the put credit spread trades I placed on the SPY durning the month of January 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.

TickerTypeSpreadExpire DateOpen DateClosed DateOpen CreditClosed DebitProfit / Loss
SPYPut187 / 1891/17/1512/25/141/3/15$0.23$0.0311.30%
SPYPut191.5 / 193.51/17/151/5/151/8/15$0.17$0.037.65%
SPYPut192 / 1942/17/1512/18/141/9/15$0.21$0.0310.06%
SPYPut193.5 / 195.51/30/151/2/151/23/15$0.22$0.0310.67%
SPYPut181 / 1832/20/151/14/151/26/15$0.18$0.038.24%

January has been an odd month. Volatility has been high with the SPY staying in a trading range (200 - 206 ish). Due to this market condition many of the put credit spread trades have not closed. Currently I have 6 open trades. You can follow the trades in real-time using #StockpeerTrades.

Beware this higher volatility might be a new normal. I think 2015 is going to have a fair amount of volatility. This is great for premium sellers. I am looking forward to trading this year.

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