$VIX $SPY
Closed today for $0.48 ($48 to buy back)
$117 - $48 = +$69 total profit
It may not be sexy but it's ~+12% across 22 days.
That's +266% across the 252 day market trading year.
Compounding your money usually isn't very sexy or exciting.
Patience pays 馃敟馃敟
$VIX $SPY
Small Account Trade Put Credit Spread:
$SPY was ~$744.70 and -+0.51% on the day, at 9:38am EST June 18th 2026.
$VIX was ~17
IV Rank = 70
-sold put strike $722 for 7.43 with 0.258 delta
-bought put strike $715 for 6.24 with 0.226 delta
1 contract
43DTE (July 31st 2026)
Max profit = $119
Max Loss = $581
$VIX $SPY
Small Account Trade Put Credit Spread:
$SPY was ~$744.70 and -+0.51% on the day, at 9:38am EST June 18th 2026.
$VIX was ~17
IV Rank = 70
-sold put strike $722 for 7.43 with 0.258 delta
-bought put strike $715 for 6.24 with 0.226 delta
1 contract
43DTE (July 31st 2026)
Max profit = $119
Max Loss = $581
$VIX $SPY
Closed this today for $0.49
Total profit = $59 which was 55% of max profit in only 8/38 days or 21% of the time till expiry
That's a 10% return on capital in 8 days. 馃敟
$VIX $SPY
Put Credit Spread:
$SPY was ~$734.50 and -1.31% on the day, at 3:10pm EST June 23rd 2026.
$VIX was ~20
IV Rank = 75
-sold put strike $707 for 6.93 with 0.247 delta
-bought put strike $700 for 5.84 with 0.208 delta
1 contracts
38DTE (July 31st 2026)
Max profit = $107
Max Loss = $593
There's a new version of this post
$VIX $SPY
Small Account Trade
Put Credit Spread:
$SPY was ~$734.50 and -1.31% on the day, at 3:10pm EST June 23rd 2026.
$VIX was ~20
IV Rank = 75
-sold put strike $707 for 6.93 with 0.247 delta
-bought put strike $700 for 5.84 with 0.208 delta
1 contracts
38DTE (July 31st 2026)
Max profit = $107
Max Loss = $593
This is the best book on options trading I鈥檝e read to date. I love the way @RolfOptions explains concepts and breaks things down.
Fabulous read. Highly recommend.
Much appreciation for sharing your story, your losses struggles and lessons. 馃檹馃檶
$VIX $SPY
Got this in the mail today, excited to read it. @RolfOptions wrote a book and I need to read every word!
$VIX $SPY
Opened this IRON CONDOR:
$SPY was ~$708.47 and -0.38% on the day, at 2:47pm EST Apr 23rd 2026.
$VIX was ~19
-sold put strike $699 for 0.52 with 0.122 delta
-bought put strike $692 for 0.19 with 0.087 delta
-sold call strike $716 for 0.23 with 0.085 delta
-bought call strike $723 for 0.03 with 0.027 delta
12 contracts
1DTE (Apr 24th 2026)
Max profit = $624
Max Loss = $7776
$VIX $SPY
Opened this IRON CONDOR:
$SPY was ~$708.47 and -0.38% on the day, at 2:47pm EST Apr 23rd 2026.
$VIX was ~19
-sold put strike $699 for 0.52 with 0.122 delta
-bought put strike $692 for 0.19 with 0.087 delta
-sold call strike $716 for 0.23 with 0.085 delta
-bought call strike $723 for 0.03 with 0.027 delta
12 contracts
1DTE (Apr 24th 2026)
Max profit = $624
Max Loss = $7776
$VIX $SPY
I would usually set an order to close early but $SPY was so far from $697 all day I just let it expire while I monitored.
+$396USD on the day
#Options #TradingMindset
$VIX $SPY
Finally took a trade again after all this crazy market war fake news..
Opened this put credit spread:
$SPY was $706 and -0.29% on the day, it was 3:08pm EST Apr 21st 2026.
$VIX is ~20
-sold put strike $697 for 0.45 with 0.115 delta
-bought put strike $690 for 0.12 with 0.033 delta
12 contracts
1DTE (Apr 22nd 2026)
max profit = $396
max loss = $7956
In simple terms: If $SPY stays above $697 today I will keep the full $396 USD
#Options #TradingCommunity #TradePlan
$VIX $SPY
Finally took a trade again after all this crazy market war fake news..
Opened this put credit spread:
$SPY was $706 and -0.29% on the day, it was 3:08pm EST Apr 21st 2026.
$VIX is ~20
-sold put strike $697 for 0.45 with 0.115 delta
-bought put strike $690 for 0.12 with 0.033 delta
12 contracts
1DTE (Apr 22nd 2026)
max profit = $396
max loss = $7956
In simple terms: If $SPY stays above $697 today I will keep the full $396 USD
#Options #TradingCommunity #TradePlan
$VIX $SPY
You may have noticed I've been trading less.
My Iron condor or Put credit spread strategies are risker when war is ongoing and the words of a man or two can have huge impacts on the markets outside logic.
A trade not taken is a dollar kept.
It's ok to step back, forcing trades is not going to help you.
Great time to explore other strategies or review existing data.
Patience pays.
#Options #Trading #Optionstrading
馃毃 The SEC has officially killed the $25,000 Pattern Day Trader rule.
For 25 years, retail traders needed at least $25K in their account to make more than 4 day trades in a 5-day period.
That barrier is now GONE.
This will be replaced by a new margin system that requires ALL investors to have enough equity in their account to cover the risks.
Rules go live ~45 days after FINRA's notice, with firms phasing in over up to 18 months.
$VIX $SPY
Just got paid $3,580 to open a trade鈱涳笍
Opened this Iron Condor:
$SPY was ~$656 and -0.41% on the day, at 12:27pm EST Apr 7th 2026.
$VIX was ~26
-sold put strike $595 for 3.65 with 0.122 delta
-bought put strike $580 for 2.65 with 0.087 delta
-sold call strike $700 for 1.11 with 0.085 delta
-bought call strike $715 for 0.32 with 0.027 delta
20 contracts
30DTE (May 8th 2026)
Max profit = $3,580
Max Loss = $26,420
#Options #Trading #Optionstrading
$VIX $SPY
+2,490 on the day so far today馃敟馃敟馃敟
Closed my 30DTE iron condor after 18 days for 77% of premium received at open.
$3,240 at open - $750 to close(0.50x15 contracts)
= +$2,490
I could let it expire in another 12 days but capturing 77% and removing risk + freeing up capital is a way better call.
Patience pays!
#Options #Trading #Optionstrading
$VIX $SPY
Just got paid $3,240 to open a trade..
Opened this IRON CONDOR:
SPY was $656.39 and -0.75% on the day, at 9:37am EST Mar 19th 2026.
VIX is ~26
-sold put strike $605 for 5.24 with 0.165 delta
-bought put strike $585 for 3.45 with 0.106 delta
-sold call strike $706 for 0.48 with 0.043 delta
-bought call strike $726 for 0.11 with 0.011 delta
15 contracts
30DTE (Apr 17th 2026)
Max profit = $3,240
Max loss = $26,760