More losses this month for our Put Credit Spreads strategy. Mainly a losing trade that was put on in 2018 and crossed over. I think the markets are calming down and we will start to draw back up. We did have one winning trade which felt good. Take the little wins :).
| Ticker | Type | Spread | Expire Date | Open Date | Closed Date | Open Credit | Closed Debit | Profit / Loss |
|---|---|---|---|---|---|---|---|---|
| SPY | Put | 261/263 | 01/04/2019 | 12/04/18 | 01/04/19 | $0.23 | $0.00 | -100% |
| SPY | Put | 242/244 | 01/18/2019 | 12/14/18 | 01/11/19 | $0.23 | $0.03 | 11.3% |
One thing to note. The trade above that had a closing debit of $0.00 and 100% loss I let expire. I just could not find a good exit point.
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Related Topics: Spy, Put Credit Spread
