The Spread Book

A public journal of credit spread trades,
strategy execution, and risk management.
Starting Capital: $3000 USD (December 19, 2025)
Realized Capital: $3140 USD (Updated Every Friday)

Recent Swing Trades

Stock: LLY

Strategy: Put Credit Spread

Opened On: January 6, 2026

Expiration: February 6, 2026

DTE When Opened: 31

Trade Status: Open

Short Strike: 970

Long Strike: 965

Credit Received: $1.08

Target Exit Price: $0.55

PnL: Still in Trade

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Stock: CVNA

Strategy: Put Credit Spread

Opened On: January 2, 2026

Expiration: January 23, 2026

DTE When Opened: 21

Trade Status: Closed

Short Strike: 360

Long Strike: 355

Credit Received: $0.85

Target Exit Price: $0.45

PnL: $40

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Stock: SNDK

Strategy: Put Credit Spread

Opened On: December 31, 2025

Expiration: January 30, 2026

DTE When Opened: 31

Trade Status: Closed

Short Strike: 195

Long Strike: 190

Credit Received: $1.10

Target Exit Price: $0.55

PnL: $55

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Recent 0DTE Trades

SPX 0DTE Journal

Date: January 9, 2026

Trade Day: Yes

Total Trades: 2

Total Contracts Sold: 3

Trade Result: Profit

Profit/Loss: $110

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SPX 0DTE Journal

Date: January 8, 2026

Trade Day: Yes

Total Trades: 3

Total Contracts Sold: 3

Trade Result: Loss

Profit/Loss: $-35

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SPX 0DTE Journal

Date: January 7, 2026

Trade Day: Yes

Total Trades: 1

Total Contracts Sold: 2

Trade Result: Profit

Profit/Loss: $80

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