Credit Spreads

Credit Spread on AAL – 1.66% potential return in 24 days

AAL airline stocks
On August 18, 2020, we sold an additional bull put credit spread on AAL stock with expiry in the next 24 days. Here is our trade setup: BOT 1 AAL SEP 21 '20 - 11.5 + 10.5 Put Bull Spread  -0.24  USD   For this trade, we got a premium of 19 USD (after commissions) or 1.66% potential income return in 24 days.  These trades come as the #36 and #37 in the month of August, and if we stick with our trading plan for this month, the premium generated from this trade makes us about 2.53% from our $…

Credit Spread on TLRY – 3.41% potential return in 25 days

TLRY cannabis stocks
On August 17, 2020, we sold a bull put credit spread on TLRY stock with expiry in the next 25 days. Here is our trade setup: BOT 1 TLRY SEP 11 '20 - 6.5 + 5.5 Put Bull Spread  -0.27  USD   For this trade, we got a premium of 22.20 USD (after commissions) or 3.41% potential income return in 25 days.  These trades come as the #34 and #35 in the month of August, and if we stick with our trading plan for this month, the premium generated from this trade makes us about 2.96% from our $750 monthly…

Credit Spread on NIO – 1.85% potential income return in 21 days

NIO Chinese stocks
On August 14, 2020, we sold a bull put credit spread on the NIO stock with an expiry set in the next 21 days. For this trade, we get a premium of $0.27 per share (before commissions) NIO is a Chinese automobile manufacturer headquartered in Shanghai, specializing in designing and developing electric autonomous vehicles.  Here is our trade setup: BOT 1 NIO SEP 4 '20 - 12 + 11 Put Bull Spread  -0.27 USD  For this trade, we got a premium of 22.2 USD (after commissions) or a 1.85% potential…

Credit Spread on RIOT – 12.08% potential income return in 43 days

RIOT blockchain
On August 13, 2020, we sold a bull put credit spread on RIOT stock with an expiry set in the next 43 days. For this trade, we get a premium of $35 (before commissions) RIOT stands for Riot Blockchain company focused on building, supporting, and operating Blockchain technologies.  Here is our trade setup: BOT 1 RIOT SEP 25 '20 - 2.5 + 1.5 Put Bull Spread  -0.35 USD  For this trade, we got a premium of 30.2 USD (after commissions) or a 12.08% potential income return in 43 days. These trades…

Credit Spread on M – 3.2% potential income return in 36 days

M 36 day expiry
On August 13, 2020, we sold an additional bull put credit spread on M stock with an expiry set in the next 36 days. For this trade, we get a premium of $24 (before commissions) M stands for Macy's, Inc. is an American holding company founded by Xavier Warren in 1929. Upon its establishment, Federated held ownership of the regional department store chains Abraham & Straus, Lazarus, Filene's, and Shillito's.  Here is our trade setup: BOT 1 M SEP 18 '20 - 6 + 5 Put Bull Spread  -0.24 USD …

Credit Spread on ARCC – 1.08% potential income return in 37 days

ARCC dividend stocks
On August 12, 2020, we sold a bull put credit spread on the ARCC stock with an expiry set in the next 37 days. For this trade, we get a premium of $0.20 per share (before commissions) Ares Capital Corporation (NASDAQ: ARCC) is a market-leading Business Development Company and one of the largest direct lenders in the U.S. Prior to this credit spread, we actually bought 20 shares of AARC for my mom's pension fund, and we plan to increase our stake here gradually to 100 by the end of the year…

Credit Spread on NIO – 1.45% potential income return in 10 days

NIO 10 day expiryChinese stockselectric car stock
On August 11, 2020, we sold a bull put credit spread on the NIO stock with an expiry set in the next 10 days. For this trade, we get a premium of $0.23 per share (before commissions) NIO is a Chinese automobile manufacturer headquartered in Shanghai, specializing in designing and developing electric autonomous vehicles.  Here is our trade setup: BOT 1 NIO AUG 21 '20 - 12.5 + 11.5 Put Bull Spread  -0.23 USD  For this trade, we got a premium of 18.2 USD (after commissions) or a 1.45% potential…

Credit Spread on SNAP – 1.27% potential income return in 24 days

SNAP tech stocks
On August 11, 2020, we sold a bull put credit spread on the SNAP stock with an expiry set in the next 18 days. For this trade, we get a premium of $0.31 per share (before commissions) Snap Inc. is an American camera and social media company, founded on September 16, 2011, by Evan Spiegel, Bobby Murphy and Reggie Brown based in Santa Monica, California. It has three products: Snapchat, Spectacles, and Bitmoji. Here is our trade setup: BOT 1 SNAP SEP 4 '20 - 20.5 + 19.5 Put Bull Spread  -0.31 …

Credit Spread on M – 3.1% potential income return in 18 days

M
On August 10, 2020, we sold a bull put credit spread on M stock with an expiry set in the next 18 days. M stands for Macy's, Inc. is an American holding company founded by Xavier Warren in 1929. Upon its establishment, Federated held ownership of the regional department store chains Abraham & Straus, Lazarus, Filene's, and Shillito's.  Here is our trade setup: BOT 1 M AUG 28 '20 - 6.5 + 5.5 Put Bull Spread  -0.25 USD  For this trade, we got a premium of 20.6 USD (after commissions) or a…

Credit Spread on AMC – 5.55% potential return in 21 day

AMC movie stocks
On August 7, 2020, we sold a bull put credit spread on AMC stock with an expiry set in the next 21 days. Here is our trade setup: BOT 1 AMC AUG 28 '20 - 4 + 3 Put Bull Spread  -0.27  USD   For this trade, we got a premium of 22.2 USD (after commissions) or a 5.55% potential income return in 21 days. That's more than a dollar per day! These trades come as the #14 and #15 in the month of August, and if we stick with our trading plan for this month, the premium generated from this trade makes…

Credit Spread on SPCE – 1.51% potential return in 21 day

SPCE
On August 7, 2020, we sold a bull put credit spread on SPCE stock with expiry in the next 21 days. Here is our trade setup: BOT 1 SPCE AUG 28 '20 - 16 + 14.5 Put Bull Spread  -0.29  USD   For this trade, we got a premium of 24.2 USD (after commissions) or a 1.51% potential income return in 21 days. That's more than a dollar per day! These trades come as the #12 and #13 in the month of August, and if we stick with our trading plan for this month, the premium generated from this trade makes us…

Credit Spread on GPS – 1.29% potential return in 21 day

GPS
On August 7, 2020, we sold a bull put credit spread on GPS stock with expiry in the next 21 days. Here is our trade setup: BOT 1  GPS  AUG 28 '20 - 12.5 + 11.5 Put Bull Spread -0.21 USD    For this trade, we got a premium of 16.20 USD (after commissions) or a 1.29% potential income return in 21 days.  These trades come as the #10 and #11 in the month of August, and if we stick with our trading plan for this month, the premium generated from this trade makes us about 2.16% from our $750…

Credit Spread on SDC – 3.31% potential return in 22 days

SDC bull put
On August 6, 2020, we sold a bull put credit spread on SDC stock with expiry in the next 22 days. Here is our trade setup: BOT 1  SDC  AUG 28 '20 - 7.5 + 6 Put Bull Spread -0.28 USD    For this trade, we got a premium of 23.20 USD (after commissions) or a 3.31% potential income return in 22 days. Slightly bit more than a dollar per day. These trades comes as the #8 and #9 in the month of August, and if we stick with our trading plan for this month, the premium generated from this trade makes…

Credit Spread on TLRY – 4.74% potential return in 23 days

TLRY cannabis stocks
On August 5, 2020, we sold a bull put credit spread on TLRY stock with expiry in the next 23 days. Here is our trade setup: BOT 1 TLRY AUG 28 '20 - 7 + 6 Put Bull Spread  -0.38  USD   For this trade, we got a premium of 33.20 USD (after commissions) or 4.74% potential income return in 23 days.  These trades comes as the #6 and #7 in the month of August, and if we stick with our trading plan for this month, the premium generated from this trade makes us about 4.42% from our $750 monthly goal…

Credit Spread on ET – 5.72% potential return in 29 days

ET natural gas
On July 30, 2020, we sold a bull put credit spread on ET stock set with expiry in the next 29 days (August 28, 2020) Here is our trade setup: BOT 1 ET AUG 28 '20 - 6.5 + 5.5 Put Bull Spread  -0.42  USD   For this trade, we got a premium of 37.2 USD (after commissions) or a 5.72% potential income return in 29 days. That's more than a dollar per day! These trades come as the #38 and #39 in the month of July, and if we stick with our trading plan for this month, premium generated from this…