July has come and gone. We partied for America's birthday and closed a few profitable trades! Darn good month! My SPY Put Credit Spread trading strategy continued to do well.

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.

May 2018 was a winning month for my SPY Put Credit Spread trading strategy. It felt good to lock away some winning trades after last month.

Throughout my investing career, I have always applied my energies to basis reduction and not seeking discounts when buying a position in a company. I love to use call options or put credit spreads to reduce the basis of a core holding. In this post, I will share with you some of my basis reducing ideas.

The short strangle option strategy is an opportunity to profit when a stock moves sideways. Instead of just selling one call or one put, you sell one of each, which produces twice the income. But the maximum loss with this type of trade is unlimited, while the potential gain is capped at the amount of premiums received.

April 2018 was a losing month for my SPY Put Credit Spread trading strategy. While these months are never fun they serve as an opportunity to remember to be humble in this trading strategy.

Here we explore the put credit spread trades I placed on the SPY durning the month of March 2018. 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.

Volatility is back! Seems the day of the market just creeping up every day are over. In February 2018 the market tanked creating tons of new opportunities for entering Put Credit Spread trades. Sadly, we took some losses but in this post I explain that is not a bad thing.

In January 2018 the markets where pretty stable -- Well stable in the eyes of an options volatility trader. It was not until the end of January when the market made a turn and volatility came back into the market. I opened a few trades in January 2018 but none closed.

American corporations release their earnings reports every 3 months. The data gives investors an idea of how well the companies are doing financially. If an earnings announcement contains any information traders weren’t expecting, the stock price could plummet or skyrocket, depending on whether the release is negative or positive.