diff --git a/trade_report.py b/trade_report.py
index 9b1376f..75eae52 100644
--- a/trade_report.py
+++ b/trade_report.py
@@ -3,6 +3,7 @@ from database.procedures import backtest_profit, most_recent_trade_date
 from database.trades import trades
 
 symbol = 'SPX'
+fees_and_commissions = 3.19 # IBKR fees and commissions for a single spread trade.
 
 trade_date = most_recent_trade_date()
 print(f'# {trade_date.strftime("%B %d, %Y")}\n')
@@ -44,8 +45,9 @@ for _, backtest in backtest_data.iterrows():
             close_price = round(spread['Close'], 2)
             backtest_info[(entry_time, spread_type)] = (short_strike, long_strike, open_price, close_price)
 
-trade_profits = [100 * (info[2] - info[3]) for info in trade_info.values()]
-profit = sum(trade_profits)
+trade_profits = [100 * (info[2] - info[3]) - fees_and_commissions for info in trade_info.values()]
+stopped_out_spreads = sum(1 for info in trade_info.values() if info[5] is not None)
+profit = sum(trade_profits) - (stopped_out_spreads * fees_and_commissions)
 print(f'**Profit**: {round(profit, 2)}')
 
 profit_backtest = backtest_profit(trade_date)