Well, finally an engaging month for Put Credit Spreads. Afraid the engagement was in the wrong direction. In November we took some losses. Not a big deal since we have had so many winning past months. However, losses are never fun.
|Ticker||Type||Spread||Expire Date||Open Date||Closed Date||Open Credit||Closed Debit||Profit / Loss|
This month was a good month for learning to deal with losses. As you can see from my trades some of my positions took big percent losses. Since I trade rather small this does not matter much. Yes, it erases many months of gains but this is how the strategy goes. We call this a drawdown period.