Back in April, my newly created put credit spread app recommended a put credit spread on EFA. The expiry suggested was June 18 and today we resolve that trade out so here’s what happened.
I sold the $93 June 18 put strike and banked $111.33 in premium and bought the $86 put strike for -$41.67 leaving me with a net profit of $69.
This methodology is now being used by my autonomous AI trading bot for testing purposes but both AI recommendations and AI trades have proven profitable in their initial runs.
June 18, 2026 Outcome
The market is closed tomorrow so I will let the positions zero out at the end of the day and keep the spread of $69.
AI didn’t let me down in the trade and it offers a variety of options for me to trade on any given day. I haven’t been trading too much because AI also warned me the market might correct over the next few months so I’m being conservative. I am invested and I am collecting interest on my money so I’m earning, I’m just not taking on large positions right now.
I have other options expiring and assigning today and my cash position will likely go up by $50k to $70k depending on where things land. I’m ok with that and will sit on cash until I get back from my summer travel sometime in September or October.
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