May Short Put Vertical Results

Here are results from the second week in May of running low delta Short Put Verticals aka Bull Put Credit Spreads! I closed 100 Trades on 26 tickers for a profit of **$ 12,456.** Here are the highlights: * **5 losing trade this week out of the 100 for a win rate of 95%** * **Top profit Ticker - SNDK at $ 2909 and MU at $ 2180** * **Average profit per trade - $ 125** * **Average time held for closed trades - 2 days** * **Percent of premium captured - 27.12%** I have been day trading these spreads closing at 20% profit due to the market instability hence the lower average per spread for this week.  Here are my rules for trading credit spreads: * **All SVP's will be opened 35 to 49 DTE** * **Short put strike chosen at .20 delta or lower (I have been choosing 13/6 deltas for new verticals).** * **Long put chosen to achieve a net delta of .07** * ***All the following criteria must be met prior to opening trade*** * **Analysis of spreads Max Profit must show 80% or more probability for Maximum Profit** * **Analysis of spread's Break Even must show 80%or more probability for Any Profit** * **Analysis of Max Loss must show 10% or less Probability for Maximum Loss** * **ROI for premium collected (premium divided by collateral required for spread) must be 10% or more** **A copy of current portfolio can be seen here:** [**https://imgur.com/a/Zhn7yFE**](https://imgur.com/a/Zhn7yFE) **Below are profits for all 26 tickers:** |Ticker|\# of Trades|Profit +/-|Per Trade| |:-|:-|:-|:-| |SNDK|10|$2,909|$291| |MU|18|$2,180|$121| |INTC|12|$1,763|$147| |AMD|13|$1,265|$97| |RKLB|3|$845|$282| |UTHR|2|$768|$384| |WDC|3|$410|$137| |ASTS|1|$307|$307| |CAT|2|$225|$112| |ARM|3|$224|$75| |AMAT|3|$210|$70| |TSLA|3|$208|$69| |STX|2|$189|$94| |NVDA|5|$152|$30| |TSM|2|$116|$58| |CIEN|1|$112|$112| |AMZN|2|$100|$50| |GOOGL|3|$99|$33| |SMH|2|$66|$33| |AVGO|1|$64|$64| |MSTR|3|$60|$20| |MSFT|1|$53|$53| |CRCL|1|$52|$52| |AAPL|2|$37|$18| |HUT|1|$21|$21| |PLTR|1|$20|$20| |Totals|100|$12,457|$125|