Today, the S&P 500 is only 4% away from our pre-COVID high of 4,776 – the start of all this market management lunacy. Any new Vertical Bull Put Credit Spread I open in the next couple of months will hopefully trigger..
I still have the goal of a monthly income, I still believe I can do so with Vertical Credit Spreads, and I still desire to be nerdy about it all. So here are my new Exit Rules for Yearly Vertical..
This month's Journal Entry feeds my nerdy side as I document my Cover Call Watchlist, which pulls live data from my ThinkorSwim trading platform into an Excel Spreadsheet. In addition, I will dissect my watchlist Excel spreadsheet and document how..
In this month’s journal entry’s commentary, I want to see if Microsoft's new Bing AI search engine can help me with improving my Vertical Spread strategy. Plus, new Entry Rules for Yearly Vertical Bull Put Credit Spreads. Table of Content..
This month, I want to revisit my Vertical Bull Put Credit Spreads’ Exit Strategy - particularly when to exit a winning position. I want to take my painful experience of last year and craft a new strategy a bit more..
After 2022, Painful Experience will have to be approbation enough. But with a little prestidigitation, this month's journal entry intends to define my Budget, Goals, Mission Statement, and new Entry/Exit rules for 2023 - Zimzalabim! Table of Content Commentary -..
Know when to hold ’em, know when to fold ’em – and never count your money before the trade is done. The Kenny Roger's Strategy for selling Vertical Spreads gives me some cues to reading the room and avoid being..
At what point do I need to sell an ITM Spread early for a loss or just let the Option be assigned? This month's Trade Journal will revisit the Good, the Bad, and the Ugly of Options Assignments and what..
In my longing to see a sustained market rebound, I have to be careful not to confuse the beginning of a new bull market with a bull trap. Table of Content Commentary - Beware the Bull TrapThis Week's Market SentimentEcopolitical..
In this week's Journal Entry, I plan to create a consolidated matrix for my Vertical Spread's Entry Rules. I want one easy table for Bull Put Credit Spreads, Bear Call Credit Spreads, and Iron Condors. Then I plan to take..