Vertical Spreads Archives

May 15, 2024 | May 15, 2024 All Posts

First Contact complete: Debriefing My Five-Year Mission into The Passive Income Frontier

Space, the final frontier. These are the voyages of the Starship… uh… Longshot. Our five-year mission: to boldly explore the uncharted territories of Vertical Spreads, to seek out new income streams (and promptly watch them fizzle), to boldly lose… er,..

Dec 31, 2023 | Dec 8, 2023 Business Administration

A 5-Year Performance Review Selling Vertical Spreads (2019 – 2023)

As I recount my 5-year journey in the world of Vertical Bull Put Credit Spreads, I liken the strategy to the seductive but ultimately unfulfilling Mrs. Robinson. I shared my struggles, doubts, and moments of despair. Yet, small victories always..

Dec 1, 2023 | Dec 1, 2023 Business Administration

Not So Quicken – New Schwab Accounts Download to Quicken

My Ameritrade accounts were transferred to Charles Schwab on the weekend of Nov 3. And for the better part of this month, I’ve been picking up the pieces. I felt like Carl Fredricksen in a slow slog, trudging towards my..

Markets going Ape OptionsTradesByDamocles.com

Oct 27, 2023 | Oct 27, 2023 All Posts

Why Bother Selling Vertical Bull Put Credit Spreads?

With the US deficit approaching $2 trillion this year, inflation at a gut-buster 17.5% above 2020's consumer prices, interest rates at a stifling 5.25%, expanding military involvement in the Middle East, Europe, and Asia, a dangerously polarized population, a politically..

Nov 22, 2023 | Apr 28, 2023 All Posts

Cover Calls WATCHLIST Using ThinkorSwim EXCEL

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..

Bing AI on yearly vertical bull put credit spreads

Aug 22, 2023 | Mar 31, 2023 Essential Tips for Options Trading

Asking The Bing AI – 1 Month vs. 1 Year Vertical Bull Put Credit Spreads

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..

Feb 24, 2023 | Feb 24, 2023 Trade Trudging

Index of S&P 500 Companies Trading Above Their 200-Day SMA

This month's Trading Journal commentary will review a new chartable index - tracking the number of S&P 500 companies trading above their 200-Day Simple Moving Average (SMA). Below I charted the S&P over the past 20 years and annotated some..

Exit Strategy - Vertical Bull Put Credit Spread

Jan 28, 2023 | Jan 27, 2023 Essential Tips for Options Trading

Exit Strategy – Rolling Winning Vertical Bull Put Credit Spreads

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..

Dec 30, 2022 | Dec 30, 2022 All Posts

Selling Vertical Credit Spreads for Income – 2022’s Year-End Results

The downturn in the 2022 markets began on cue – the first week in January. And by the end of that first month, I was already falling down the “Correction” rabbit hole. I am ending this year with a frustrating..

Dec 30, 2022 | Nov 25, 2022 All Posts

Budget, Goals, and New Rules for 2023 Vertical Spreads

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 -..