Thu. 8/11/2016 (10:17:35 am, PT)
sold -10 Aug 2016 $127 puts at $0.50
Why did I place this trade?
- stochastics in the middle
- 8 days 'til expiration (DTE)
- 69% probability of success
Fri. 8/19/2016 (6:47:57 am, PT) Expiration Day
my preset closing order at $0.01 filled 17 minutes after the Opening Bell
PROFIT: $490 (in one week)
SUCCESS!
Wed. 8/17/2016 (11:27:19 am, PT)
sold -10 Aug 26 2016 $214.50 puts at $0.44
credit received: $440
Why did I place this trade?
- FOMC released its minutes at 11 am
- 9 days 'til expiration (DTE)
Fri. 8/19/2016 (1:02:25 pm, PT)
bought back puts at $.20 (50% of max credit)
PROFIT: $240 (in 3 days)
SUCCESS!
Tue. 8/9/2016 (11:17:42 am, PT)
sold -4 Sept 2016 $30 puts at $0.65
Why did I place this trade?
- stochastics in oversold region
- 38 days 'til expiration (DTE)
- 57% probability of success
Tue 8/23/2016 (6:30:27 am, PT)
bought back puts at $0.28
PROFIT: $148 (in 2 weeks)
SUCCESS!
Mon. 8/15/2016 (11:17:34 am, PT)
sold -1 Aug 2016 $72 put at $0.99
credit received: $99
Why did I place this trade?
- stochastics near the middle but dropping
- down day
- earnings announcement on 8/18 (before market open)
- 4 days 'til expiration (DTE)
Thur. 8/18/2016 (6:30:15 am, PT)
my preset closing order at $0.05 filled at the Opening Bell (earnings were released at 4 am, PT)
PROFIT: $94 (in 3 days)
SUCCESS!
Friday, 8/5/2016 (11:05:12 am, PT) RD
sold -1 Sept 2016 $30 put at $0.79
credit received: $79
Why did I place this trade?
- stochastics in oversold region
- 42 days 'til expiration (DTE)
- 54% probability of success
Wednesday, 8/24/2016 (9:20:08 am, PT)
bought back puts at $0.26
PROFIT: $53
SUCCESS!
Wed. 8/3/2016 (10:16:25 am, PT) RD
sold -1 Sept 2016 $57 put at $0.94
Why did I place this trade?
- stochastics in oversold region
- 57% probability of success
- 44 days 'til expiration
Thu. 8/11/2016 (10:31:44 am, PT)
bought back put at $0.44 (50% of max profit)
PROFIT: $50 (in one week)
SUCCESS!
Tue. 8/9/2016 (12:58:51 pm, PT)
sold -1 Aug 12, 2016 $96 put at $1.37
Comments:
- This was an "earnings play"
- I don't mind owning DIS stock, so my short put was almost at-the-money
Wed. 8/10/2016 (10:47:11 am, PT)
bought back put at $0.05
PROFIT: $132 (in ONE DAY!)
SUCCESS!
Wed. 8/3/2016 (12:48:22 pm, PT) FP
sold -10 Sept 2016 $135 calls at $1.04
Why did I place this trade?
- stochastics in overbought region (SEE CHART)
- 77% probability of success
- 44 days 'til expiration (DTE)
Tue. 8/9/2016 (9:50:50 am, PT)
bought back calls at $0.47
PROFIT: $570 (in 6 days!)
SUCCESS!