To start I want to point out 2 things: this idea is not originally mine, and though I talk mostly about trading I think the concept applies to all forms of investing (buy-and-hold, real estate, fixed income, and so on). From time to time I attend a meetup group.
Want day trading returns without the headache of sitting in front of 26 big-ass monitors all day? You’re in luck because today we are going to discuss trading weekly put credit spreads on the SPY. The idea is pretty basic. I sell a put credit spread on the SPY that expires in 7 days.
I’m baaaaaack! But that’s not to say I am returning empty handed. . . You did notice that I took a nearly 5-month sabbatical from Stockpeer blogging—right? The catalyst was the arrival of my second child, a dangerously sweet little girl!
September was a tough month. The market took a major pull back. I lost a fair amount of money. I think if the next 3 months are good I should be able to recoup the losses. Some of the trades were rolled trades (the ones with high credits).
Here we explore the put credit spread trades I placed on the SPY durning the month of August 2015. 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.
Here we explore the put credit spread trades I placed on the SPY durning the month of July 2015. 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.
Here we explore the put credit spread trades I placed on the SPY durning the month of June 2015. 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.
Here we explore the put credit spread trades I placed on the SPY durning the month of May 2015. 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.
Here we explore the put credit spread trades I placed on the SPY durning the month of April 2015. 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.
Warren Buffett often says that he tap dances to work. He has found a method of trading that gets him high. I, however, would be bored to tears if I invested the way Buffett invests: I need more action, which is why I like to trade credit spreads and day trade the SPY.