How do I trade with the Boring Fridays bot?

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

What broker do I need?

The Boring Fridays 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.

How much money do I need to start?

Minimum account size depends on the unit tier you choose. On the 1x tier you can trade up to $15,000 in spreads. On Tier 2 you can trade up to $30,000. On Tier 3 you can trade up to $50,000 in spreads

Can I cancel anytime?

Yes. Subscriptions to the Boring Fridays bot can be canceled from the PeakBot dashboard at any time. Cancellations take effect at the end of the current billing period.

Mike is the trader behind Boring Fridays. He specializes in selling weekly index option credit spreads with short strikes positioned far from the underlying price. His conservative approach typically results in one trade every two weeks, picking and choosing when to put on risk.

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Boring Fridays

Mike runs Boring Fridays, a conservative weekly index options credit spread strategy. Read more

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Strategy & live performance

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

Boring Fridays Bot

SPX options

Copies to

Cash needed: $500
Tickers: SPX
Live since: Feb 2021

Every Boring Fridays 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 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.

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 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.

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