January Bull Put Spreads Results

My spreads did very well this month. I won't go through all the details, but I'll give a summary of each spread that I've closed completely so far and separate into a couple different entries for ease of use. Note that these are real time practice trades done on Think or Swim.

Here is a summary of the 10 BUPS for January (I still have 2 more that are not completed):

Net Profits = $29,741.60
Margin Required = $19,257.00
Net ROI = 154%

Honestly, these are AMAZING results for me. I was really shooting for around 15-25% and to get 154% is phenomenal. All these trades went against me and I was able to profit tremendously. 1 out of the ten actually was a cost, but having 5 be greater than 100% profit was amazing. Too bad this wasn't in my real account, but patience.

AAPL
Entry Date: 12/27/07
Position: Jan 190/185P
Contracts: 3
Credit: $1.57
Margin Requirement: $1029

Close Short Side Date: 1/2/08
BTC: $7.10
Close Long Side Date: 1/7/08
BTC: $12.62

Profit/Cost: $2091.60
Net ROI: 203.3%

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BIDU:
Entry Date: 12/27/07
Position: Jan 380/370P
Contracts: 5
Credit: $2.65
Margin Requirement: $3675

Close Short Side Date: 1/2/08
BTC: $19.90
Close Long Side Date: 1/4/08
BTC: $18.24

Profit/Cost: $436
Net ROI: 11.9%

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FSLR:
Entry Date: 12/27/07
Position: Jan 250/240P
Contracts: 5
Credit: $2.70
Margin Requirement: $3650

Close Short Side Date: 1/2/08
BTC: $10.80
Close Long Side Date: 1/7/08
BTC: $16.50

Profit/Cost: $4141
Net ROI: 113.50%

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POT:
Entry Date: 12/27/07
Position: Jan 135/130P
Contracts: 5
Credit: $1.35
Margin Requirement: $1825

Close Short Side Date: 1/16/08
BTC: $3.45
Close Long Side Date: 1/17/08
BTC: $13.05

Profit/Cost: $5416
Net ROI: 296.8%

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WYNN:
Entry Date: 12/27/07
Position: Jan 110/105P
Contracts: 3
Credit: $1.47
Margin Requirement: $1059

Close Short Side Date: 1/2/08
BTC: $5.10
Close Long Side Date: 1/4/08
BTC: $4.40

Profit/Cost: $195.60
Net ROI: 18.5%

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PCU:
Entry Date: 12/27/07
Position: Jan 100/95P
Contracts: 5
Credit: $1.00
Margin Requirement: $2000

Close Short Side Date: 1/15/08
BTC: $4.80
Close Long Side Date: 1/16/08
BTC: $6.2

Profit/Cost: $1141
Net ROI: 57.1%

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SHLD:
Entry Date: 12/27/07
Position: Jan 95/90P
Contracts: 4
Credit: $1.75
Margin Requirement: $1300

Close Short Side Date: 1/15/08
BTC: $8.70
Close Long Side Date: 1/16/08
BTC: $1.90

Profit/Cost: <$2067.20>
Net ROI: <159%>
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SPWR:
Entry Date: 12/27/07
Position: Jan 120/115P
Contracts: 5
Credit: $1.05
Margin Requirement: $1975

Close Short Side Date: 1/8/08
BTC: $8.50
Close Long Side Date: 1/16/08
BTC: $21.70

Profit/Cost: $7066
Net ROI: 357.8%
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CMI:
Entry Date: 12/31/07
Position: Jan 97.5/92.5P
Contracts: 3
Credit: $1.90
Margin Requirement: $1550

Close Short Side Date: 1/2/08
BTC: $8.60
Close Long Side Date: 1/3/08
BTC: $29.10

Profit/Cost: $11.141.00
Net ROI: 718.8%
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FWLT:
Entry Date: 1/4/07
Position: Jan 150/145P
Contracts: 3
Credit: $1.02
Margin Requirement: $1194

Close Short Side Date: 1/8/08
BTC: $10.05
Close Long Side Date: 1/15/08
BTC: $9.75

Profit/Cost: $180.60
Net ROI: 15.1%
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