To add a little variety I will start a Journal of the credit spread trades I make month to month on the SPX, XEO, OEX and possibly RUT. RIght now my current trade open is (which can be opened today): 61 JUN 1075/1090 Bull Put Spread @ $0.75 Credit = $4,575 Risk = $91,500 Return = 5.00% Time to Exp. = 30 days I basically look for nickles and dimes month to month and add more to the positoin or add different strikes based on market moves. Will keep it updated for those interested in selling spreads against indexes. Phil.