In the Elite Traders forum is one of the best credit spread trading journals I have run across. Though it dates from 2005, it has been a great resource for me, and you might like to take a look at it:
http://www.elitetra
This thread was posted by Philip Budwick, who at the time, was posting as OptionCoach. Philip is the author of "The Option Trader Handbook," which I have and recommend. I believe he has had some chat sessions with Chris here in this forum.
The journal focuses on writing put credit spreads on SPX in an upward trending market, and deals with many nuances including when to hedge, when to roll down, when to put on the "other side" for an Iron Condor, etc. A real feast of practical trading.
Hope you find it use full.
Steve G
(You may need to register with them to view the thread, I do not know, but it is free, and they do not spam you.)
Sadly the ET forum has gone the way of most, with lots of flaming, and spamming, and posing, etc. This thread, though makes it worth the slog.
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