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My SPY Put Credit Spread Trades For June 2018

June 2018 was another winning month for my SPY Put Credit Spread trading strategy. Since IVR has been pretty low closing this many trades was a darn good thing. Just have to be careful to not trade too big. Overall this was a low number of trades for a month -- hence one might want to start increasing trade size. I would not suggest that. A down draw is always just round the corner.

TickerTypeSpreadExpire DateOpen DateClosed DateOpen CreditClosed DebitProfit / Loss
SPY Put 251/253 06/15/2018 05/08/18 06/01/18 $0.22 $0.03 10.67%
SPY Put 257.5/259.5 06/22/2018 05/15/18 06/11/18 $0.23 $0.03 11.3%
SPY Put 256/258 06/29/2018 05/29/18 06/12/18 $0.23 $0.03 11.3%
SPY Put 259/261 07/06/2018 05/25/18 06/29/18 $0.2 $0.03 9.44%

As we head into summer we should look at market pasts. The summer is often a random time. We have had big drawdowns, or flat "meh" markets. I always take trades when I have them but try to be aware of the over all direction of the market. Sometimes I reduce trade size in the summer if I am unsure.

Do not forget to enjoy the summer time.....but keep an eye on the market as well.

Related Topics: spy, put credit spread

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