SPY Position Update
We are immediately closing out the September Bull Put spread
SPY closed $110.41 on Wednesday – the current position is approx. $1,000 in the black
SPY is ABOVE its current 14-day EMA (see SPY chart down below)
SPY is trading ABOVE its 20-day Bollinger Band SMA (see SPY chart)
SPY is ABOVE its 50-day simple moving average (see SPY chart)
SPY is priced just BELOW its 200-day simple moving average (see SPY chart)
Relative Strength Indicator (RSI) is bullish (See SPY chart)
Moving Average Convergence/Divergence (MACD) is bullish (See SPY chart)

SPY Bull Put Spread
The August 19th Couch Potato recommended a September expiration month put spread
We are submitting an order to close out the entire put spread for an approx. $1,000 profit (see tables below)

SPY Risk Analysis
We did not open a call spread, and are cashing out all of our September SPY put contracts with gains

DIA Position Update
We are immediately closing out the September Bull Put spread
DIA closed at $103.98 on Wednesday – the position is approx. $1,300 in the black
DIA is ABOVE its current 14-day EMA (see DIA chart down below)
DIA is trading ABOVE its 20-day Bollinger Band SMA (see DIA chart)
DIA is ABOVE its 50-day simple moving average (see DIA chart)
DIA is priced ABOVE its 200-day simple moving average (see DIA chart)
Relative Strength Indicator (RSI) is bullish (See DIA chart)
Moving Average Convergence/Divergence (MACD) is bullish (See DIA chart)

DIA Bull Put Spread
The August 25th Couch Potato recommended a September expiration month put spread
We are submitting an order to close out the entire put spread for an approx. $1,300 profit (see tables below)

DIA Risk Analysis
Similar to the SPY above risk analysis above - we did not open a call spread and are closing out all of our September DIA put contracts with gains

Exit Plan
We expect to immediately close out the SPY and DIA put spreads with a nice gain (unless stock prices gap down tomorrow).

Gregory Clay

Couch Potato Trader Disclaimer
All results reported in this section are hypothetical. While the numbers represented here may have been achieved or beaten by our readers, we make no representation that any individual investor achieved these exact results. The tracking for the plays listed in this section uses closing prices for the day the newsletter is published and it is not meant to imply that any reader actually received those prices (though many often do) or participated in these recommendations (even though many do). The portfolio represented here is hypothetical and for investment education purposes only. It is only an illustration of what type of gains a knowledgeable trader might receive utilizing these strategies. If you don't get close to these results, guess what. It isn't the fault of the strategies.