July has come and gone. We partied for America's birthday and closed a few profitable trades! Darn good month! July 2018 was another winning month for my SPY Put Credit Spread trading strategy.
However, only closing 3 trades for the month is a bit of a sign. Makes me think the market is stalling and might change direction. Low volatility is never a comfortable place to be in. I am starting to prepare for a pull back.
| Ticker | Type | Spread | Expire Date | Open Date | Closed Date | Open Credit | Closed Debit | Profit / Loss |
|---|---|---|---|---|---|---|---|---|
| SPY | Put | 262/264 | 07/20/2018 | 06/05/18 | 07/09/18 | $0.22 | $0.03 | 10.67% |
| SPY | Put | 257/259 | 07/27/2018 | 06/25/18 | 07/10/18 | $0.23 | $0.03 | 11.3% |
| SPY | Put | 259/261 | 08/03/2018 | 06/25/18 | 07/16/18 | $0.22 | $0.03 | 10.67% |
The summer weather for me in Oregon has been amazing. I hope everyone is having an equally nice summer!
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Related Topics: spy, put credit spread
