Weekly Options Trading Recap: June 1 - June 5, 2026
This week in options trading featured two notable trades, showcasing the potential of credit spreads in the options market. Below, we recap the trades executed during this period and provide insights into the strategies employed.
Trade Overview
- Total picks: 2
- Closed trades: 1
- Wins: 1
- Win rate: 100%
Trade Details
$SPY Call Credit Spread - WIN (June 3, 2026)
The first trade of the week was a call credit spread on the SPDR S&P 500 ETF Trust (SPY), executed on June 3. A call credit spread involves selling a call option at a specific strike price while simultaneously buying another call option at a higher strike price. This strategy is typically employed when the trader expects the underlying asset to remain below the strike price of the sold call option.
In this instance, the trade was successful, contributing to the overall win rate of 100% for the week. The win indicates that the SPY remained below the strike price of the sold call option, allowing the trader to profit from the premium received.
$PLTR Put Credit Spread - PENDING (June 4, 2026)
The second trade was a put credit spread on Palantir Technologies Inc. (PLTR), initiated on June 4. A put credit spread involves selling a put option at a certain strike price while buying another put option at a lower strike price. This strategy is generally used when a trader believes the underlying asset will stay above the strike price of the sold put option.
As of the end of the week, this trade was still pending, meaning it had not yet been closed. The outcome of this trade will be determined in the coming days, and it will be interesting to see how it aligns with the overall performance of the week.
Understanding Credit Spreads
Credit spreads are a popular options trading strategy that allows traders to limit their risk while still having the potential for profit. By selling one option and buying another, traders can collect a premium upfront, which can lead to profits if the underlying asset moves in the anticipated direction.
Key benefits of credit spreads include:
- Defined risk: Traders know their maximum loss upfront.
- Profit potential: Collecting premiums can lead to profits if the trade is successful.
- Flexibility: Credit spreads can be tailored to various market conditions and outlooks.
For more educational resources on options trading, visit our tutorial page or check out our performance metrics.
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Disclaimer: This is educational content only, not financial advice. Past performance does not guarantee future results. Options trading involves significant risk of loss.