OptionBear

I’m bringing this account back with a clear focus. High-probability trading using SPY credit spreads With the upcoming PDT rule change, retail traders are about to get more access… and most will misuse it. My goal is simple Consistent income > chasing outsized Thread below ↓

Out at 40% Great start to the week!

I’m bringing this account back with a clear focus. High-probability trading using SPY credit spreads With the upcoming PDT rule change, retail traders are about to get more access… and most will misuse it. My goal is simple Consistent income > chasing outsized Thread below ↓

Already up 10%! Will monitor to see if an early exit is needed.

Selling $741/742 calls expiring tomorrow. Tech pull back weighing heavy on $SPY

Great day! Volume rolled over and got out at 85%!

Will be exiting that credit spread soon. Looking at a 20-25% gain here. Great way to end the week!

Sold the $742/743 calls expiring today. Hard ceiling around the $741 mark

Closed our the credit spreads near 100% profit. Going to look for one las play this week!

Sold the $751/$752 calls expiring tomorrow. Watching RSI and volume levels closely.

Closed out to minimize risk. Market it rallying a lot this week. No need to hang on

Watching closely for an exit if this push continues. This is why we pick the right strike price and manage risk

Sold $746/747 calls expiring tomorrow. Was waiting for a burnout on volume to enter

Currently trading in between ranges. Remaining calm. No need to trade if it doesn’t make complete sense

Good Morning! Looking at a position soon waiting for confirmation from my signals… stay tuned!

Currently up 20%. Great example of an opportunity to take profit. When the PDT is updated next month, collecting premium and creating daily income will be simple

Entered SPY 740/741 call credit spreads (exp. tomorrow) Market didn’t respond well to the inflation data and sellers continue to stay aggressive. Positioning for resistance to hold from here. Risk defined as always.

Backed off of ATHs today. Looking to see where heavy volume comes in before making any plays. The high inflation reading is likely to cause more selling

One and done today. No need to over trade or fight for bad setups. Keep things simple

Already up 60%! Locking that in. One PDT is removed next month, most people will be able to exit these same day as well. For now go ahead and hold the swing.

Entered SPY 734/733 put credit spreads (exp. tomorrow) Leaning on continued strength and support holding here. If price stabilizes → this works If not → risk is already defined