Sep. 23 at 12:45 AM
Two closed
$AMAT put credit spreads from our Bull Put Screener, three weeks apart. One lost, one won.
Loss: sold the 470 put, bought the 445, credit
$6.25, break-even
$463.75. Closed 2 days early to avoid assignment risk: -
$1,177.52 net of fees.
Win: sold the 420 put, bought the 380, credit
$10.55, break-even
$409.45. Spent four days below the short strike, low
$411.51, never closed below it: +
$532.46 net.
September so far: 82 closed, 70 green, 12 red. Across our record, average loss runs about 3x average win. Records, not recommendations. Not advice.
