Here we explore the put credit spread trades I placed on the SPY durning the month of May 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 | 196 / 198 | 5/29/15 | 4/17/15 | 5/14/15 | $0.23 | $0.03 | 11.30% |
SPY | Put | 199 / 201 | 6/5/15 | 4/30/15 | 5/22/15 | $0.27 | $0.03 | 13.87% |