About
Meet Mike
Mike runs Boring Fridays, a conservative weekly index options credit spread strategy. He specializes in selling credit spreads with short strikes positioned far away from the current underlying price, so as long as the index does not move above his short strike on calls, or below his short strike on puts, by expiration, the position expires worthless and he keeps the full credit collected at entry. If all goes well, the position expires worthless on a very uneventful expiration Friday. For Mike, Boring Fridays are a good thing. He has adjusted the strategy to handle volatile market conditions, so not all trades will expire on Fridays. The conservative approach lets him pick and choose when to put on risk, typically one trade every two weeks, or two trades each month.
Strategies
Boring Fridays's strategies
What Boring Fridays runs, and how each strategy has performed, is part of the marketplace.
Sign in to see Boring Fridays's strategies
The marketplace listing, and the performance figures that go with it, are available to people with a PeakBot account. Creating one is free and takes a minute.
How it works
Three steps, then it runs itself.
That's it. PeakBot mirrors every trade: entries, adjustments and exits, automatically.
- 01
Connect your brokerage account
Connecting opens your broker's own sign-in. PeakBot never sees your password, and your money stays where it is.
- 02
Choose your trade size
Pick how large each trade should be for your account. Every order is sized to that.
- 03
Activate the strategy
When Boring Fridays trades, you trade, placed in your account in under three seconds.
FAQ
Frequently asked questions
Trade with Boring Fridays, automatically.
Connect your broker, choose your size, and every trade is placed in your account for you.