The Setup:

Sell 1 SPY 7dte 20 Delta Put sold every Friday.

Close: 50% profit

Stop Loss: 3 times credit given (300%) stop loss.

Stats

2016-2021 Stats

20-16-2021 Stats with various Stop losses

Note: The first column had no stop loss in place and yielded a better profit.

2016 Stats

Trades

#OpenStock PriceIVRDeltaStrikesExpirationDTEEntry PriceEntry PremiumMarginCloseExit PriceExit CostPNLStock Price
04-Jan-16200.0345%20.90195.508-Jan-1640.6969.003,547.605-Jan-160.2121.5044.90201.38
18-Jan-16192.4460%19.59186.0015-Jan-1670.8686.503,204.8011-Jan-160.3231.5052.40192.76
215-Jan-16187.8062%19.34180.5022-Jan-1670.9797.003,026.0019-Jan-160.3838.0056.40188.34
322-Jan-16190.4248%19.82185.0029-Jan-1670.7474.503,266.4028-Jan-160.1817.5054.40189.04
429-Jan-16193.1944%19.16188.505-Feb-1670.5959.503,394.801-Feb-160.2525.0031.90194.43
55-Feb-16187.6362%19.41182.0012-Feb-1670.7474.003,189.6012-Feb-160.5070.90186.36
612-Feb-16186.3667%19.51181.0019-Feb-1670.7070.503,191.2016-Feb-160.109.5058.40189.54
719-Feb-16191.9946%20.76188.0026-Feb-1670.5959.503,440.8022-Feb-160.1111.5045.40194.71
826-Feb-16195.3044%20.71191.004-Mar-1670.6564.503,476.001-Mar-160.098.5053.40197.72
94-Mar-16200.4330%19.17196.5011-Mar-1670.5050.003,615.6010-Mar-160.1111.5035.90199.17
1011-Mar-16201.6026%21.11198.0018-Mar-1670.5656.503,672.0016-Mar-160.109.5044.40202.44
1118-Mar-16204.5322%21.19202.0024-Mar-1660.3939.503,837.6022-Mar-160.1514.5022.40204.62
1224-Mar-16203.0021%18.56200.0031-Mar-1670.3635.503,760.0028-Mar-160.1514.5018.40203.46
1331-Mar-16205.7216%20.10202.508-Apr-1680.4544.503,792.401-Apr-160.1818.5023.40206.90
148-Apr-16204.0624%19.31200.5015-Apr-1670.4746.503,725.2012-Apr-160.109.5034.40205.79
1515-Apr-16207.7414%18.67204.5022-Apr-1670.3938.503,830.8018-Apr-160.1110.5025.40209.22
1622-Apr-16208.7714%18.37205.5029-Apr-1670.3837.503,848.4027-Apr-160.077.5027.40209.69
1729-Apr-16206.3825%19.97202.506-May-1670.5353.503,739.602-May-160.1111.5039.40208.13
186-May-16205.2924%21.00202.0013-May-1670.5150.503,776.809-May-160.2020.5027.40205.99
1913-May-16204.8826%21.27201.5020-May-1670.5353.503,759.6016-May-160.1312.5038.40206.90
2020-May-16205.1927%20.02202.0027-May-1670.4544.503,784.8024-May-160.065.5036.40207.98
2127-May-16210.0412%18.43207.503-Jun-1670.3029.503,946.801-Jun-160.1313.5013.40210.38
223-Jun-16210.5111%18.30208.0010-Jun-1670.2828.503,959.206-Jun-160.1312.5013.40211.56
2310-Jun-16208.7524%19.82205.0017-Jun-1670.5251.503,800.0016-Jun-160.1515.5033.40207.44
2417-Jun-16206.5533%20.17201.0024-Jun-1670.8079.503,576.0020-Jun-160.3837.5039.40208.32
2524-Jun-16203.6550%19.90196.001-Jul-1671.08108.503,308.0028-Jun-160.1616.5089.40202.91
261-Jul-16209.9417%19.77207.008-Jul-1670.3939.503,904.807-Jul-160.1514.5022.40209.44
278-Jul-16212.4210%18.81209.5015-Jul-1670.3635.503,956.4011-Jul-160.1313.5019.40213.60
2815-Jul-16215.857%19.40213.5022-Jul-1670.3030.504,082.0020-Jul-160.065.5022.40217.24
2922-Jul-16217.205%19.23214.5029-Jul-1670.3434.504,074.0028-Jul-160.1313.5018.40217.05
3029-Jul-16217.227%18.89214.505-Aug-1670.3433.504,072.404-Aug-160.1110.5020.40216.40
315-Aug-16218.126%20.08216.0012-Aug-1670.3029.504,150.4011-Aug-160.043.5023.40218.86
3212-Aug-16218.516%18.90216.0019-Aug-1670.3030.504,119.2018-Aug-160.065.5022.40218.79
3319-Aug-16218.629%19.20216.0026-Aug-1670.3332.504,110.4026-Aug-161.5028.40217.23
3426-Aug-16217.1916%18.70213.502-Sep-1670.4544.503,974.8029-Aug-160.1514.5027.40218.29
352-Sep-16218.3810%19.68216.009-Sep-1670.3231.504,129.607-Sep-160.098.5020.40218.96
369-Sep-16212.8232%19.86208.0016-Sep-1670.6767.003,774.4012-Sep-160.1111.5052.90215.70
3716-Sep-16213.4425%18.71209.0023-Sep-1670.5353.503,824.8021-Sep-160.044.5046.40215.82
3823-Sep-16216.1112%19.90213.0030-Sep-1670.4242.504,011.2028-Sep-160.1312.5027.40216.49
3930-Sep-16216.9617%18.68213.507-Oct-1670.4141.503,993.206-Oct-160.1312.5026.40215.82
407-Oct-16215.2323%19.54212.0014-Oct-1670.4242.503,981.6010-Oct-160.1312.5027.40216.09
4114-Oct-16213.4729%19.60210.0021-Oct-1670.4746.503,922.4018-Oct-160.1313.5030.40213.76
4221-Oct-16213.8328%19.68211.0028-Oct-1670.3837.503,993.6024-Oct-160.1514.5020.40214.85
4328-Oct-16212.4438%19.24208.004-Nov-1670.5757.003,804.804-Nov-165.5048.90208.75
444-Nov-16208.7165%19.92200.5011-Nov-1671.17117.003,353.207-Nov-160.4544.5069.90212.57
4511-Nov-16216.2728%20.40212.5018-Nov-1670.5554.503,948.4015-Nov-160.077.5044.40218.17
4618-Nov-16218.6917%21.64217.0025-Nov-1670.2828.504,204.8021-Nov-160.109.5016.40219.84
4725-Nov-16221.648%19.29219.002-Dec-1670.3232.004,168.802-Dec-162.5026.90219.62
482-Dec-16219.6215%18.81216.009-Dec-1670.4544.504,030.405-Dec-160.077.5034.40220.93
499-Dec-16225.065%19.88222.0016-Dec-1670.4141.504,195.2013-Dec-160.1313.5025.40226.80
5016-Dec-16224.743%20.98222.0023-Dec-1670.4140.504,220.8019-Dec-160.1111.5026.40225.44
5123-Dec-16225.681%17.08223.0030-Dec-1670.2625.504,245.6027-Dec-160.109.5013.40226.40
5230-Dec-16223.0615%18.78219.506-Jan-1770.4242.004,105.200.4242.00-1.30223.06

2017 Stats

Trades

#OpenStock PriceIVRDeltaStrikesExpirationDTEEntry PriceEntry PremiumMarginCloseExit PriceExit CostPNLStock Price
030-Jan-17227.418%
20.39

224.00
8-Feb-179
0.47
47.504,207.202-Feb-17
0.23
23.5024.00227.73
18-Feb-17229.376%
19.01

227.00
15-Feb-177
0.28
28.504,350.409-Feb-17
0.13
12.5016.00230.74
215-Feb-17234.945%
18.57

232.50
22-Feb-177
0.28
28.504,454.8017-Feb-17
0.13
13.5015.00234.78
322-Feb-17236.308%
18.85

233.50
1-Mar-177
0.34
33.504,446.0024-Feb-17
0.15
15.5018.00236.46
41-Mar-17240.1811%
19.37

237.50
8-Mar-177
0.34
33.504,535.608-Mar-17
0.96
96.00-62.50236.54
58-Mar-17236.545%
18.38

233.50
15-Mar-177
0.34
34.504,426.8013-Mar-17
0.09
8.5026.00237.73
615-Mar-17238.160%
19.72

235.50
22-Mar-177
0.36
35.504,497.2020-Mar-17
0.16
16.5019.00236.96
722-Mar-17234.2315%
21.18

230.50
29-Mar-177
0.57
57.004,311.6027-Mar-17
0.09
8.5048.50233.83
829-Mar-17235.607%
19.95

233.00
5-Apr-177
0.34
34.504,452.0031-Mar-17
0.11
11.5023.00236.29
95-Apr-17235.1215%
20.05

232.00
12-Apr-177
0.42
42.004,390.4010-Apr-17
0.09
8.5033.50235.40
1012-Apr-17234.0534%
19.38

231.00
19-Apr-177
0.38
38.004,376.0017-Apr-17
0.07
7.5030.50234.32
1119-Apr-17233.3136%
18.13

228.00
26-Apr-177
0.59
59.004,135.2020-Apr-17
0.30
29.5029.50235.65
1226-Apr-17238.695%
18.07

236.00
3-May-177
0.30
29.504,504.801-May-17
0.04
4.5025.00239.03
133-May-17238.559%
22.23

236.00
10-May-177
0.43
43.504,516.008-May-17
0.06
5.5038.00239.44
1410-May-17239.768%
17.23

237.00
17-May-177
0.28
27.504,519.2015-May-17
0.07
7.5020.00240.07
1517-May-17236.2432%
19.77

231.00
24-May-177
0.70
70.504,200.8019-May-17
0.13
13.5057.00238.13
1624-May-17240.663%
19.66

238.50
31-May-177
0.28
28.004,597.2025-May-17
0.13
12.5015.50241.83
1731-May-17241.474%
19.85

239.00
7-Jun-177
0.33
32.504,582.401-Jun-17
0.11
10.5022.00242.95
187-Jun-17243.824%
20.29

241.00
14-Jun-177
0.39
39.504,594.4013-Jun-17
0.04
3.5036.00244.45
1914-Jun-17242.983%
21.02

240.50
21-Jun-177
0.38
38.004,611.6019-Jun-17
0.04
3.5034.50244.55
2021-Jun-17242.878%
18.51

240.00
28-Jun-177
0.33
33.004,570.4023-Jun-17
0.15
14.5018.50243.11
2128-Jun-17243.573%
16.99

241.00
5-Jul-177
0.24
24.504,614.405-Jul-17
0.5024.00242.92
225-Jul-17242.959%
17.68

240.00
12-Jul-177
0.30
30.504,564.0010-Jul-17
0.07
6.5024.00242.69
2312-Jul-17244.094%
20.95

242.00
19-Jul-177
0.32
31.504,672.8014-Jul-17
0.07
7.5024.00245.87
2419-Jul-17246.941%
18.19

244.50
26-Jul-177
0.27
26.504,694.8024-Jul-17
0.06
5.5021.00246.96
2526-Jul-17247.422%
20.18

245.50
2-Aug-177
0.27
26.504,756.4031-Jul-17
0.13
12.5014.00247.23
262-Aug-17247.295%
19.78

245.00
9-Aug-177
0.30
29.504,716.807-Aug-17
0.07
7.5022.00247.78
279-Aug-17247.0716%
19.03

243.50
16-Aug-177
0.43
43.504,584.4014-Aug-17
0.18
17.5026.00246.53
2816-Aug-17246.9411%
18.28

244.00
23-Aug-177
0.33
32.504,644.8017-Aug-17
1.63
162.50-130.00243.54
2923-Aug-17244.9323%
18.88

242.00
30-Aug-177
0.34
34.504,605.6028-Aug-17
0.09
8.5026.00244.49
3030-Aug-17245.8519%
18.28

243.00
6-Sep-177
0.32
31.504,632.0031-Aug-17
0.11
10.5021.00247.77
316-Sep-17247.1017%
20.90

244.50
13-Sep-177
0.38
38.004,682.0011-Sep-17
0.06
5.5032.50249.11
3213-Sep-17248.873%
19.87

246.50
20-Sep-177
0.32
31.504,740.4015-Sep-17
0.13
12.5019.00249.16
3320-Sep-17249.762%
19.42

247.00
27-Sep-177
0.34
34.504,719.2026-Sep-17
0.04
3.5031.00249.21
3427-Sep-17250.357%
21.15

248.00
4-Oct-177
0.36
35.504,772.0029-Sep-17
0.13
12.5023.00251.07
354-Oct-17253.133%
19.42

251.00
11-Oct-177
0.27
26.504,849.605-Oct-17
0.10
9.5017.00254.58
3611-Oct-17254.944%
21.12

253.00
18-Oct-177
0.30
29.504,904.8016-Oct-17
0.09
8.5021.00255.23
3718-Oct-17255.881%
21.81

254.00
25-Oct-177
0.30
29.504,929.6020-Oct-17
0.11
11.5018.00256.96
3825-Oct-17255.2920%
20.96

252.00
1-Nov-177
0.48
48.504,776.8027-Oct-17
0.10
9.5039.00257.55
391-Nov-17257.7114%
19.88

255.00
8-Nov-177
0.36
35.504,883.203-Nov-17
0.11
11.5024.00258.38
408-Nov-17259.1425%
20.87

257.00
15-Nov-177
0.32
31.504,968.8015-Nov-17
0.37
37.00-5.50256.63
4115-Nov-17256.6762%
20.58

253.00
22-Nov-177
0.53
52.504,766.4016-Nov-17
0.13
13.5039.00258.69
4222-Nov-17259.9522%
20.96

258.00
29-Nov-177
0.29
29.005,004.0024-Nov-17
0.14
14.0015.00260.36
4329-Nov-17262.6435%
22.34

260.00
6-Dec-177
0.45
45.004,988.8030-Nov-17
0.23
22.5022.50264.67
446-Dec-17263.3937%
18.86

260.00
13-Dec-177
0.39
39.504,928.807-Dec-17
0.18
17.5022.00263.99
4513-Dec-17265.8216%
21.65

263.50
20-Dec-177
0.38
37.505,084.4015-Dec-17
0.18
17.5020.00266.81
4620-Dec-17267.439%
19.44

265.00
27-Dec-177
0.30
30.005,105.6021-Dec-17
0.13
13.5016.50267.94
4727-Dec-17267.2523%
17.99

264.00
3-Jan-187
0.34
33.505,020.0029-Dec-17
0.15
14.5019.00267.32

2018 Stats

Trades

#OpenStock PriceIVRDeltaStrikesExpirationDTEEntry PriceEntry PremiumMarginCloseExit PriceExit CostPNLStock Price
02-Jan-18268.6712%
19.27

266.00
10-Jan-188
0.33
32.505,106.403-Jan-18
0.13
12.5020.00270.60
110-Jan-18274.1120%
21.86

272.00
17-Jan-187
0.34
33.505,271.2011-Jan-18
0.10
9.5024.00275.74
217-Jan-18279.9942%
19.42

276.50
24-Jan-187
0.43
43.505,250.8022-Jan-18
0.04
4.5039.00282.11
324-Jan-18283.3855%
19.20

279.50
31-Jan-187
0.47
47.005,279.6026-Jan-18
0.09
8.5038.50286.32
431-Jan-18282.4086%
19.85

278.00
7-Feb-187
0.57
57.005,208.002-Feb-18
2.95
295.00-238.00276.11
57-Feb-18270.2755%
19.76

262.00
14-Feb-187
1.10
110.504,578.408-Feb-18
4.67
467.00-356.50261.08
614-Feb-18269.4252%
21.24

264.00
21-Feb-187
0.84
84.004,846.4015-Feb-18
0.36
35.5048.50272.12
721-Feb-18271.2849%
19.04

265.00
28-Feb-187
0.78
77.504,797.6023-Feb-18
0.11
11.5066.00274.30
828-Feb-18273.2643%
18.37

267.00
7-Mar-187
0.71
71.004,839.205-Mar-18
0.20
19.5051.50272.80
97-Mar-18273.1141%
20.79

268.00
14-Mar-187
0.75
75.004,951.209-Mar-18
0.09
8.5066.50278.29
1014-Mar-18273.8739%
21.49

269.00
21-Mar-187
0.79
79.004,990.4016-Mar-18
0.23
23.5055.50274.92
1121-Mar-18271.2738%
18.56

265.00
28-Mar-187
0.73
73.504,798.4022-Mar-18
3.14
314.00-240.50264.57
1228-Mar-18260.3353%
20.89

253.00
4-Apr-187
1.12
112.004,473.6029-Mar-18
0.26
25.5086.50263.88
134-Apr-18263.6362%
19.79

256.50
11-Apr-187
0.96
96.004,559.605-Apr-18
0.41
41.0055.00266.02
1411-Apr-18264.1659%
19.56

257.50
18-Apr-187
0.88
87.504,617.2012-Apr-18
0.34
33.5054.00266.61
1518-Apr-18270.7931%
20.77

266.50
25-Apr-187
0.63
63.004,986.8024-Apr-18
4.74
473.50-410.50261.81
1625-Apr-18262.9853%
20.99

257.00
2-May-187
0.93
92.504,661.6026-Apr-18
0.23
23.5069.00266.59
172-May-18263.3643%
18.41

258.00
9-May-187
0.61
61.004,731.204-May-18
0.13
13.5047.50266.24
189-May-18269.1234%
18.78

265.00
16-May-187
0.48
48.004,970.4010-May-18
0.15
15.5032.50271.88
1916-May-18272.1328%
18.92

268.00
23-May-187
0.49
49.005,029.6021-May-18
0.04
3.5045.50272.99
2023-May-18272.9423%
20.08

270.00
30-May-187
0.39
39.505,164.8030-May-18
0.5039.00272.52
2130-May-18272.6128%
19.44

268.50
6-Jun-187
0.52
52.005,041.201-Jun-18
0.16
16.5035.50273.48
226-Jun-18277.0818%
19.31

273.50
13-Jun-187
0.44
44.005,183.6011-Jun-18
0.11
10.5033.50278.98
2313-Jun-18278.5117%
21.18

274.00
20-Jun-187
0.55
55.005,119.2018-Jun-18
0.26
25.5029.50276.32
2420-Jun-18276.1617%
19.52

272.50
27-Jun-187
0.48
48.505,157.2025-Jun-18
2.08
208.00-159.50271.13
2527-Jun-18270.3941%
18.94

265.00
3-Jul-186
0.67
67.004,868.8028-Jun-18
0.33
33.0034.00271.06
263-Jul-18270.4736%
19.62

266.50
9-Jul-186
0.53
53.005,012.625-Jul-18
0.13
13.5039.50272.83
279-Jul-18277.8118%
19.01

274.50
16-Jul-187
0.41
41.505,225.2012-Jul-18
0.11
10.5031.00279.06
2816-Jul-18279.2614%
19.25

276.00
23-Jul-187
0.42
42.005,259.2017-Jul-18
0.15
15.5026.50280.90
2923-Jul-18280.2016%
19.74

277.00
30-Jul-187
0.43
43.505,284.0025-Jul-18
0.10
9.5034.00283.71
3030-Jul-18279.7524%
21.42

276.00
6-Aug-187
0.61
61.005,219.7931-Jul-18
0.28
28.0033.00281.31
316-Aug-18284.6314%
20.02

282.00
13-Aug-187
0.37
37.005,429.607-Aug-18
0.18
17.5019.50285.53
3213-Aug-18282.4426%
19.77

278.00
20-Aug-187
0.60
60.505,204.8014-Aug-18
0.24
24.0036.50283.94
3320-Aug-18285.9717%
18.68

282.50
27-Aug-187
0.42
42.005,372.4122-Aug-18
0.20
20.5021.50286.42
3427-Aug-18289.6416%
18.73

286.50
4-Sep-188
0.39
38.505,478.8029-Aug-18
0.13
12.5026.00291.67
354-Sep-18289.5720%
20.67

286.50
10-Sep-186
0.46
46.005,484.4010-Sep-18
0.5045.50288.22
3610-Sep-18288.2221%
21.97

285.00
17-Sep-187
0.56
55.505,442.4011-Sep-18
0.27
26.5029.00289.20
3717-Sep-18289.2218%
19.80

284.00
24-Sep-187
0.59
59.505,262.4018-Sep-18
0.23
22.5037.00291.13
3824-Sep-18291.1215%
18.51

287.00
1-Oct-187
0.49
49.005,410.4028-Sep-18
0.13
13.5035.50290.42
391-Oct-18291.0717%
19.12

287.50
8-Oct-187
0.45
45.505,464.408-Oct-18
4.5041.00288.07
408-Oct-18288.0732%
19.86

283.00
15-Oct-187
0.70
70.005,254.4010-Oct-18
4.64
464.00-394.00279.42
4115-Oct-18275.5758%
18.72

268.00
22-Oct-187
0.93
93.004,754.4016-Oct-18
0.22
22.0071.00280.47
4222-Oct-18275.4856%
19.76

269.00
29-Oct-187
0.89
89.004,861.6024-Oct-18
3.90
389.50-300.50267.24
4329-Oct-18260.23100%
19.57

249.00
5-Nov-187
1.56
155.504,081.6030-Oct-18
0.30
30.00125.50267.03
445-Nov-18273.3266%
20.64

266.00
12-Nov-187
1.10
110.004,734.407-Nov-18
0.09
8.50101.50280.47
4512-Nov-18273.2264%
19.41

266.00
19-Nov-187
0.94
94.504,742.4015-Nov-18
0.45
45.0049.50272.32
4619-Nov-18268.6971%
20.06

262.50
26-Nov-187
0.86
86.504,754.8026-Nov-18
0.5086.00267.29
4726-Nov-18267.3662%
18.79

261.00
3-Dec-187
0.77
77.004,711.2028-Nov-18
0.16
16.5060.50273.88
483-Dec-18279.1247%
19.61

274.00
10-Dec-187
0.69
68.505,070.404-Dec-18
4.91
491.00-422.50270.38
4910-Dec-18264.7379%
19.74

257.00
17-Dec-187
1.06
106.504,521.6012-Dec-18
0.30
30.5076.00266.85
5017-Dec-18254.1689%
20.87

245.00
24-Dec-187
1.29
129.004,167.2024-Dec-18
11.87
1,190.00-1,061.00233.13
5124-Dec-18233.13100%
19.43

222.00
31-Dec-187
1.54
153.503,549.6026-Dec-18
0.11
11.50142.00244.66

2019 Stats

Trades

#OpenStock PriceIVRDeltaStrikesExpirationDTEEntry PriceEntry PremiumMarginCloseExit PriceExit CostPNLStock Price
02-Jan-19248.8058%
21.22

242.00
9-Jan-197
1.10
110.004,296.004-Jan-19
0.23
22.5087.50252.09
19-Jan-19257.9240%
19.59

252.00
16-Jan-197
0.80
79.504,566.8011-Jan-19
0.23
22.5057.00258.78
216-Jan-19261.2728%
21.00

257.00
23-Jan-197
0.66
66.504,798.4017-Jan-19
0.32
32.0034.50262.72
323-Jan-19263.1039%
20.82

257.50
30-Jan-197
0.86
86.004,702.4025-Jan-19
0.13
12.5073.50265.79
430-Jan-19267.2732%
20.72

262.00
6-Feb-197
0.80
80.004,818.4031-Jan-19
0.29
29.0051.00269.40
56-Feb-19272.7023%
21.11

269.00
13-Feb-197
0.58
58.505,084.0012-Feb-19
0.04
3.5055.00274.04
613-Feb-19275.4223%
19.48

271.50
20-Feb-197
0.52
52.005,116.4015-Feb-19
0.11
11.5040.50277.11
720-Feb-19278.5118%
19.36

274.50
27-Feb-197
0.53
52.505,169.4022-Feb-19
0.26
25.5027.00278.83
827-Feb-19279.0918%
20.26

275.00
6-Mar-197
0.59
59.005,172.801-Mar-19
0.13
12.5046.50280.71
96-Mar-19277.6620%
19.99

273.00
13-Mar-197
0.66
65.505,086.9011-Mar-19
0.09
8.5057.00278.43
1013-Mar-19281.6411%
20.18

276.50
20-Mar-197
0.58
58.005,118.8015-Mar-19
0.16
16.5041.50281.43
1120-Mar-19281.7914%
19.07

277.50
27-Mar-197
0.55
54.505,206.8021-Mar-19
0.18
18.5036.00285.09
1227-Mar-19280.1222%
18.56

275.00
3-Apr-197
0.61
61.505,090.4029-Mar-19
0.10
9.5052.00282.40
133-Apr-19286.4714%
19.20

282.50
10-Apr-197
0.51
51.005,332.405-Apr-19
0.09
8.5042.50288.48
1410-Apr-19288.2111%
20.34

285.00
17-Apr-197
0.47
47.005,443.2012-Apr-19
0.11
11.5035.50290.04
1517-Apr-19289.788%
19.38

286.50
24-Apr-197
0.42
42.505,467.6022-Apr-19
0.09
8.5034.00290.25
1624-Apr-19292.8010%
20.00

289.00
1-May-197
0.53
53.505,476.0029-Apr-19
0.11
10.5043.00294.08
171-May-19292.8515%
19.67

288.50
8-May-197
0.59
59.005,422.003-May-19
0.15
15.5043.50294.00
188-May-19288.6536%
20.70

281.00
15-May-197
1.17
117.005,008.0014-May-19
0.39
39.5077.50283.79
1915-May-19285.3331%
21.11

280.00
22-May-197
0.84
84.505,173.6020-May-19
0.41
41.5043.00284.00
2022-May-19286.0124%
19.42

281.50
29-May-197
0.59
59.505,269.2029-May-19
2.84
288.00-228.50278.66
2129-May-19278.6637%
20.65

273.00
5-Jun-197
0.85
85.505,007.204-Jun-19
0.02
2.5083.00279.81
225-Jun-19282.4029%
18.86

277.00
12-Jun-197
0.67
67.005,108.006-Jun-19
0.27
26.5040.50284.93
2312-Jun-19288.0826%
19.77

283.00
19-Jun-197
0.69
69.505,253.6014-Jun-19
0.18
17.5052.00289.58
2419-Jun-19293.2718%
19.70

287.50
26-Jun-197
0.63
62.505,288.4020-Jun-19
0.23
23.5039.00295.99
2526-Jun-19290.8726%
20.76

285.00
3-Jul-197
0.90
89.505,230.401-Jul-19
0.01
1.5088.00295.39
263-Jul-19298.708%
18.69

295.50
10-Jul-197
0.39
39.005,654.0010-Jul-19
0.5038.50298.60
2710-Jul-19298.6012%
18.63

295.00
17-Jul-197
0.43
43.505,612.0012-Jul-19
0.11
10.5033.00300.51
2817-Jul-19298.2211%
19.25

294.00
24-Jul-197
0.55
54.505,542.4022-Jul-19
0.13
12.5042.00297.76
2924-Jul-19301.239%
20.20

297.00
31-Jul-197
0.60
60.505,601.6026-Jul-19
0.30
29.5031.00302.13
3031-Jul-19298.7919%
19.00

293.00
7-Aug-197
0.73
73.005,396.805-Aug-19
8.57
856.50-783.50284.58
317-Aug-19288.4243%
20.74

281.00
14-Aug-197
1.14
113.505,026.408-Aug-19
0.24
24.5089.00293.41
3214-Aug-19284.3557%
20.95

276.00
21-Aug-197
1.31
131.504,852.0016-Aug-19
0.13
12.50119.00288.91
3321-Aug-19292.3630%
18.41

286.00
28-Aug-197
0.74
74.505,211.2023-Aug-19
3.58
358.50-284.00284.80
3428-Aug-19288.5843%
20.41

282.00
4-Sep-197
0.97
96.505,114.0029-Aug-19
0.30
29.5067.00292.53
354-Sep-19293.8932%
20.39

288.50
11-Sep-197
0.78
78.505,338.795-Sep-19
0.20
20.5058.00298.06
3611-Sep-19299.8218%
19.44

295.00
18-Sep-197
0.64
63.505,514.2413-Sep-19
0.30
30.5033.00301.18
3718-Sep-19301.1116%
20.84

295.00
25-Sep-197
0.76
76.005,411.2123-Sep-19
0.18
18.5057.50298.62
3825-Sep-19297.8319%
21.61

293.00
2-Oct-197
0.80
80.005,473.6030-Sep-19
0.27
26.5053.50297.08
392-Oct-19288.4141%
19.43

281.00
9-Oct-197
0.98
98.005,027.604-Oct-19
0.07
6.5091.50294.14
409-Oct-19291.2533%
18.66

284.00
16-Oct-197
0.88
88.005,100.0211-Oct-19
0.11
11.0077.00297.50
4116-Oct-19298.2110%
20.61

294.00
23-Oct-197
0.63
62.505,543.2017-Oct-19
0.28
28.5034.00299.39
4223-Oct-19299.5211%
19.78

295.00
30-Oct-197
0.61
61.505,538.4025-Oct-19
0.13
12.5049.00301.77
4330-Oct-19303.979%
19.73

300.00
6-Nov-197
0.53
53.505,682.401-Nov-19
0.10
9.5044.00305.90
446-Nov-19306.909%
17.38

303.00
13-Nov-197
0.41
40.505,748.008-Nov-19
0.10
9.5031.00308.66
4513-Nov-19309.2810%
20.78

305.50
20-Nov-197
0.57
57.005,807.6015-Nov-19
0.15
14.5042.50311.30
4620-Nov-19310.639%
19.93

306.50
27-Nov-197
0.57
57.005,799.6022-Nov-19
0.20
20.5036.50310.85
4727-Nov-19315.293%
19.22

312.00
4-Dec-197
0.41
41.505,976.863-Dec-19
3.03
303.00-261.50309.04
484-Dec-19311.7318%
20.58

306.50
11-Dec-197
0.78
77.505,711.606-Dec-19
0.13
12.5065.00315.20
4911-Dec-19314.3013%
20.41

308.50
18-Dec-197
0.84
84.505,706.0012-Dec-19
0.36
36.5048.00317.25
5018-Dec-19319.991%
18.79

315.50
24-Dec-196
0.41
41.005,951.0019-Dec-19
0.18
17.5023.50320.67
5124-Dec-19321.234%
19.00

318.00
31-Dec-197
0.40
40.506,101.6026-Dec-19
0.18
17.5023.00322.45

2020 Stats

Trades

#OpenStock PriceIVRDeltaStrikesExpirationDTEEntry PriceEntry PremiumMarginCloseExit PriceExit CostPNLStock Price
02-Jan-20324.109%
21.41

321.00
8-Jan-206
0.49
49.506,172.007-Jan-20
0.18
17.5032.00323.14
18-Jan-20325.3913%
19.15

321.00
15-Jan-207
0.56
55.506,069.2013-Jan-20
0.06
5.5050.00327.55
215-Jan-20327.6010%
19.91

324.00
22-Jan-207
0.49
49.506,192.4016-Jan-20
0.15
14.5035.00330.51
322-Jan-20331.3912%
18.96

327.00
29-Jan-207
0.55
54.506,188.8027-Jan-20
3.63
363.00-308.50323.97
429-Jan-20327.1942%
20.21

320.00
5-Feb-207
1.03
103.005,824.804-Feb-20
0.04
3.5099.50329.35
55-Feb-20332.7630%
18.95

327.00
12-Feb-207
0.72
71.506,079.2010-Feb-20
0.10
9.5062.00334.12
612-Feb-20337.4121%
18.76

333.00
19-Feb-207
0.53
53.506,307.6018-Feb-20
0.13
12.5041.00336.79
719-Feb-20338.4525%
20.68

334.00
26-Feb-207
0.67
66.506,324.0021-Feb-20
2.72
272.00-205.50332.90
826-Feb-20312.4093%
20.42

300.00
4-Mar-207
1.87
187.005,007.8128-Feb-20
15.21
1,521.00-1,334.00288.10
94-Mar-20311.1749%
19.87

297.00
11-Mar-207
2.02
202.504,806.409-Mar-20
19.01
1,900.50-1,698.00278.47
1011-Mar-20274.99100%
19.89

252.00
18-Mar-207
3.53
353.503,200.8018-Mar-20
18.12
1,794.50-1,441.00233.88
1118-Mar-20233.88100%
20.06

206.00
25-Mar-207
4.56
455.502,060.0019-Mar-20
1.94
194.50261.00245.23
1225-Mar-20252.3970%
19.71

229.00
1-Apr-207
3.61
361.002,708.8027-Mar-20
1.36
136.50224.50256.01
131-Apr-20244.2366%
20.22

226.00
8-Apr-207
2.85
285.503,061.602-Apr-20
0.97
97.50188.00250.43
148-Apr-20273.2943%
19.91

259.00
15-Apr-207
2.06
206.004,036.809-Apr-20
0.88
87.50118.50278.59
1515-Apr-20277.8740%
19.44

264.00
22-Apr-207
1.89
188.504,170.4017-Apr-20
0.27
26.50162.00285.56
1622-Apr-20280.3941%
19.42

267.00
29-Apr-207
1.81
181.504,268.8024-Apr-20
0.32
31.50150.00283.50
1729-Apr-20294.6926%
19.24

284.00
6-May-207
1.39
139.004,824.806-May-20
11.50127.50285.24
186-May-20285.2431%
19.53

274.00
13-May-207
1.52
152.004,581.128-May-20
0.16
16.50135.50292.48
1913-May-20280.5434%
20.82

269.00
20-May-207
1.81
180.504,456.8014-May-20
0.84
84.0096.50283.63
2020-May-20297.2423%
20.28

289.00
27-May-207
1.18
118.005,120.9126-May-20
0.04
3.50114.50299.42
2127-May-20302.6521%
20.20

294.00
3-Jun-207
1.23
123.005,188.001-Jun-20
0.15
15.50107.50305.64
223-Jun-20312.8818%
21.18

305.00
10-Jun-207
1.24
124.005,469.595-Jun-20
0.23
22.50101.50319.15
2310-Jun-20320.6119%
19.77

311.00
17-Jun-207
1.31
131.005,451.6011-Jun-20
10.73
1,073.50-942.50302.55
2417-Jun-20311.3229%
20.65

298.00
24-Jun-207
1.85
185.004,894.4022-Jun-20
0.24
24.50160.50310.34
2524-Jun-20305.4229%
19.34

293.00
1-Jul-207
1.65
165.004,866.4029-Jun-20
0.43
43.50121.50302.91
261-Jul-20311.5121%
20.60

303.00
8-Jul-207
1.26
126.505,379.206-Jul-20
0.07
7.50119.00316.50
278-Jul-20315.5421%
19.00

306.00
15-Jul-207
1.20
119.505,356.8010-Jul-20
0.41
41.5078.00317.13
2815-Jul-20321.9620%
19.29

312.00
22-Jul-207
1.29
129.505,443.2817-Jul-20
0.47
46.5083.00322.35
2922-Jul-20326.6315%
19.10

318.00
29-Jul-207
1.09
109.005,669.5927-Jul-20
0.47
47.5061.50323.21
3029-Jul-20325.2615%
19.75

317.00
5-Aug-207
1.10
110.505,679.203-Aug-20
0.09
8.50102.00329.26
315-Aug-20331.5014%
21.28

325.00
12-Aug-207
1.04
104.505,980.227-Aug-20
0.41
40.5064.00334.32
3212-Aug-20337.7413%
21.02

331.00
19-Aug-207
1.05
105.506,081.2017-Aug-20
0.15
14.5091.00338.06
3319-Aug-20337.8413%
20.10

331.00
26-Aug-207
0.95
95.006,073.2021-Aug-20
0.41
41.5053.50339.21
3426-Aug-20347.2513%
21.14

340.00
2-Sep-207
1.13
112.506,220.4028-Aug-20
0.23
22.5090.00350.66
352-Sep-20358.3617%
20.55

351.00
9-Sep-207
1.07
107.006,431.603-Sep-20
7.79
779.50-672.50344.69
369-Sep-20341.0521%
20.35

330.00
16-Sep-207
1.62
162.005,716.0014-Sep-20
0.41
41.50120.50339.30
3716-Sep-20339.7218%
19.46

329.00
23-Sep-207
1.25
125.505,722.4023-Sep-20
5.26
524.50-399.00323.74
3823-Sep-20323.7425%
20.63

314.00
30-Sep-207
1.47
146.505,500.8025-Sep-20
0.34
34.50112.00328.61
3930-Sep-20334.5824%
20.68

325.00
7-Oct-207
1.44
144.005,734.005-Oct-20
0.07
7.50136.50339.48
407-Oct-20341.1123%
19.06

332.00
14-Oct-207
1.15
114.505,911.608-Oct-20
0.48
48.5066.00343.58
4114-Oct-20348.8620%
18.85

340.00
21-Oct-207
1.08
108.506,091.6021-Oct-20
1.50107.00343.33
4221-Oct-20343.3324%
21.10

335.00
28-Oct-207
1.30
130.506,034.0023-Oct-20
0.36
36.5094.00345.43
4328-Oct-20328.2638%
18.47

310.00
4-Nov-207
2.26
226.004,739.602-Nov-20
1.01
101.50124.50328.63
444-Nov-20343.7924%
19.26

330.00
11-Nov-207
1.81
181.505,497.205-Nov-20
0.67
66.50115.00349.99
4511-Nov-20356.3316%
19.30

347.00
18-Nov-207
1.21
120.506,194.0013-Nov-20
0.55
54.5066.00358.74
4618-Nov-20357.6616%
19.10

349.00
25-Nov-207
1.09
109.506,287.2023-Nov-20
0.18
18.5091.00357.54
4725-Nov-20362.8713%
19.54

356.00
2-Dec-207
0.90
89.506,570.401-Dec-20
0.07
6.5083.00365.82
482-Dec-20366.7414%
19.46

359.00
9-Dec-207
1.00
100.506,561.204-Dec-20
0.28
27.5073.00369.42
499-Dec-20367.2213%
19.72

359.00
16-Dec-207
1.10
110.506,522.2015-Dec-20
0.15
14.5096.00369.03
5016-Dec-20370.7012%
19.79

361.00
23-Dec-207
1.14
113.506,444.0022-Dec-20
0.20
20.5093.00366.98
5123-Dec-20369.0112%
19.40

362.00
30-Dec-207
0.90
89.506,679.3628-Dec-20
0.10
9.5080.00372.22
5230-Dec-20372.0312%
19.43

363.00
6-Jan-217
1.18
117.506,537.60
0.81
81.5036.00373.28

2021 Trades

Trades

#OpenStock PriceIVRDeltaStrikesExpirationDTEEntry PriceEntry PremiumMarginCloseExit PriceExit CostPNLStock Price
04-Jan-21368.6417%
19.82

357.00
11-Jan-217
1.60
160.506,208.806-Jan-21
0.63
63.0097.50374.07
111-Jan-21378.3015%
19.38

368.00
19-Jan-218
1.34
134.006,536.4013-Jan-21
0.39
38.5095.50380.21
219-Jan-21379.0611%
19.59

371.00
25-Jan-216
1.06
106.506,775.6020-Jan-21
0.24
24.5082.00384.63
325-Jan-21383.6110%
20.15

375.00
1-Feb-217
1.19
119.006,811.2027-Jan-21
6.44
644.00-525.00372.87
41-Feb-21376.8018%
19.92

365.00
8-Feb-217
1.65
164.506,356.002-Feb-21
0.55
54.50110.00382.17
58-Feb-21389.709%
21.18

383.00
16-Feb-218
1.04
104.007,124.4012-Feb-21
0.11
10.5093.50391.89
616-Feb-21392.647%
20.76

386.00
22-Feb-216
0.98
98.507,188.8019-Feb-21
0.34
34.5064.00390.29
722-Feb-21387.574%
20.38

379.00
1-Mar-217
1.23
123.006,894.8024-Feb-21
0.38
37.5085.50391.64
81-Mar-21389.723%
20.83

380.00
8-Mar-217
1.48
148.006,822.408-Mar-21
2.50145.50383.98
98-Mar-21383.986%
20.44

373.00
15-Mar-217
1.61
161.006,581.459-Mar-21
0.65
64.5096.50388.03
1015-Mar-21395.000%
19.34

386.00
22-Mar-217
1.03
103.506,999.8517-Mar-21
0.49
49.5054.00396.65
1122-Mar-21392.780%
21.25

386.00
29-Mar-217
1.05
105.007,178.0026-Mar-21
0.21
21.5083.50393.49
1229-Mar-21395.863%
20.72

388.00
5-Apr-217
1.17
117.007,131.2031-Mar-21
0.32
31.5085.50396.72
135-Apr-21406.302%
20.90

400.00
12-Apr-217
0.94
94.507,496.408-Apr-21
0.18
17.5077.00408.29
1412-Apr-21411.581%
18.51

405.00
19-Apr-217
0.77
76.507,573.4715-Apr-21
0.11
11.5065.00415.74
1519-Apr-21414.865%
20.05

408.00
26-Apr-217
0.94
94.507,611.2021-Apr-21
0.32
31.5063.00415.94
1626-Apr-21417.796%
19.18

411.00
3-May-217
0.85
85.007,677.2028-Apr-21
0.41
40.5044.50417.87
173-May-21418.338%
20.99

412.00
10-May-217
0.96
96.007,734.007-May-21
0.07
6.5089.50422.33
1810-May-21419.529%
20.75

412.00
17-May-217
1.11
111.507,638.4012-May-21
7.57
756.50-645.00406.01
1917-May-21415.2516%
19.79

406.00
24-May-217
1.25
125.007,380.0020-May-21
0.36
36.5088.50415.76
2024-May-21419.706%
21.00

413.00
1-Jun-218
1.02
102.007,724.0027-May-21
0.30
30.5071.50419.45
211-Jun-21419.556%
20.47

414.00
7-Jun-216
0.80
79.507,835.854-Jun-21
0.04
4.5075.00422.63
227-Jun-21421.840%
18.93

416.00
14-Jun-217
0.70
70.507,853.2010-Jun-21
0.20
19.5051.00423.34
2314-Jun-21424.132%
18.90

416.00
21-Jun-217
0.88
87.507,669.6021-Jun-21
0.5087.00420.52
2421-Jun-21420.528%
20.48

413.00
28-Jun-217
1.08
108.507,658.8022-Jun-21
0.39
39.0069.50423.37
2528-Jun-21427.312%
20.31

422.00
6-Jul-218
0.74
74.508,015.6030-Jun-21
0.33
32.5042.00428.34
266-Jul-21432.885%
21.14

428.00
12-Jul-216
0.74
74.508,170.007-Jul-21
0.36
35.5039.00434.59
2712-Jul-21436.995%
21.06

431.00
19-Jul-217
0.91
90.508,140.8019-Jul-21
8.11
812.00-721.50422.89
2819-Jul-21422.8932%
19.55

411.00
26-Jul-217
1.58
158.007,269.2020-Jul-21
0.20
20.50137.50431.78
2926-Jul-21440.609%
19.57

434.00
2-Aug-217
0.85
85.508,152.4029-Jul-21
0.28
28.5057.00441.00

Conclusion

If you traded one 20 Delta SPY Naked Put every Friday that expired the next Friday, bought it back at a 50% profit while placing stop limits at 3 times the credit received, your overall return on capital would have been 70% over the past 5 years of trading.

As you can see, closing the trade at 50% profit gave us less market exposure with an average of 3 days in a trade, a high win rate, and a better overall return on capital.

It is interesting to note that with no stop losses in place the strategy yielded a slightly better profit.

You can see that the years 2018 and 2020 were negative. 2020 took a massive drawdown.