How do I trade with the 5 Percent Per Week bot?

You don't trade manually. After connecting your broker and selecting a unit size, the bot mirrors every SPX credit spread Mike takes automatically. Entries and exits all happen without you needing to watch the market.

What broker do I need?

The 5 Percent Per Week bot runs through PeakBot's broker integrations with Schwab or Tradier. Connect your account once during setup and the bot handles every trade from then on. Schwab accounts must be reconnected every weekend.

How much money do I need to start?

Minimum account size depends on the unit tier you choose. The 1x tier requires approximately $10,000, and each additional unit increases the requirement proportionally. The 5x tier is intended for accounts above $50,000.

Can I cancel anytime?

Yes. Subscriptions to the 5 Percent Per Week bot can be canceled from the PeakBot dashboard at any time. Cancellations take effect at the end of the current billing period.

Mike is a stock and options trader with over a decade of experience, running the 5 Percent Per Week strategy live since February 2023. Mike sells credit spreads on SPX, targeting roughly 5% per week with a methodology designed around capital preservation and managing losses rather than chasing home runs.

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5PPW

Mike, also known as 5 Percent Per Week (5PPW), is a copy trade leader on PeakBot with over a decade of stock and options trading experience. Read more

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Strategy & live performance

From actual broker fills at 1× sizing, gross of broker fees.

5ppw Bot

0DTE options selling

Copies to

Cash needed: $500
Tickers: SPX
Live since: Jun 2026

Every 5PPW trade, placed in your own brokerage account automatically.

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Results do not include brokerage fees. Past performance does not guarantee future results. Trading involves substantial risk of loss and is not suitable for all investors. Results displayed are compiled from internal tracking systems and broker data, have not been independently audited or verified, and are subject to change. Actual results may vary due to differences in execution timing, fill prices, slippage, commissions, account size, and broker conditions. Nothing herein constitutes financial, tax, or legal advice.

About

Meet Mike

Mike, also known as 5 Percent Per Week (5PPW), is a copy trade leader on PeakBot with over a decade of stock and options trading experience. Mike sells credit spreads on SPX, a methodology built on the fact that the overwhelming majority of options expire worthless. The system targets low-risk, consistent returns around 5% per week that compound over time, instead of chasing home runs on every trade. Learn more: 5percentperweek.com

How it works

Three steps, then it runs itself.

That's it. PeakBot mirrors every trade: entries, adjustments and exits, automatically.

01
Connect your Tradier, Schwab or tastytrade account
Connecting opens your broker's own sign-in. PeakBot never sees your password, and your money stays where it is.
02
Choose your unit size
Pick how large each trade should be for your account. Every order is sized to that.
03
Activate the strategy
When 5PPW trades, you trade, placed in your account in under three seconds.

FAQ

Frequently asked questions

Trade with 5PPW, automatically.

Connect your broker, choose your size, and every trade is placed in your account for you.

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