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Tuesday, December 5, 2017

SPX put options

Tue. 12/5/2017 (9:12:44 am, PT)

sold short -5 Dec 29, 2017  2520 puts at $4.10

  • credit received:  $2050


Thu. 12/7/2017 (12:12:02 pm, PT)

bought back puts at $2.80

PROFIT:  $650 (in TWO days!)





Thursday, November 30, 2017

SPX put options

Wed. 11/29/2017 (9:42:04 am, PT)

sold short -4 Dec 29, 2017  2505 puts at $5.10

  • probability ITM:  11%
  • credit received:  $2040


Thu. 11/30/2017 (10:13:11 am, PT)

bought back puts at $3.80

PROFIT:  $520 (in ONE day!)





Monday, November 27, 2017

SPX put options

Wed. 11/22/2017 (1:09:59 pm, PT)

sold short -4 Dec 27, 2017  2495 puts at $5.90

  • probability ITM:  13.34%
  • credit received:  $2360


Mon. 11/27/2017 (9:55:04 am, PT)

bought back puts at $4.50

PROFIT:  $560




Tuesday, November 21, 2017

SPX put options

Fri. 11/17/2017 (9:59:28 am, PT)

sold short -1 Nov 24, 2017  2525 put at $1.05

  • probability ITM:  6.43%
  • credit received:  $105


Tue. 11/21/2017 (1:00:07 pm, PT)

bought back put at $0.20

PROFIT:  $85




Monday, November 20, 2017

SPX put options

Wed. 11/8/2017 (12:50:45 pm, PT)

sold short -4 Dec 8, 2017  2490 puts at $5.30

  • probability ITM:  13%
  • credit received:  $2120


Mon. 11/20/2017 (8:57:24 am, PT)

bought back puts at $3.30

PROFIT:  $800 (in 12 days)




Thursday, November 16, 2017

SPX put options

Tue. 11/7/2017 (8:58:06 am, PT)

sold short -4 Dec 6, 2017  2485 puts at $5.10

  • probability ITM:  12%
  • credit received:  $2040


Thu. 11/16/2017 (9:27:47 am, PT)

bought back puts at $3.80

PROFIT:  $520




Wednesday, November 8, 2017

SPX put options

Tue. 11/7/2017 (8:23:54 am, PT)

sold short -4 Dec 8, 2017  2490 puts at $5.50

probability ITM:  13%


Wed. 11/8/2017 (12:39 pm, PT)

bought back puts at $4.90

PROFIT:  $240




Friday, November 3, 2017

SPX put options

Thu. 11/2/2017 (10:49:50 am, PT)

sold short -4 Nov 30, 2017  2470 puts at $5.10

probability ITM:  12%


Fri. 11/3/2017 (12:10:08 pm, PT)

bought back puts at $3.00

PROFIT:  $840 (in ONE day!!)




Tuesday, October 31, 2017

SPX put options

Mon. 10/30/2017 (10:35:44 am, PT)

sold short -4 Nov 30, 2017  2440 puts at $5.30

probability ITM:  10.62%


Tue. 10/31/2017 (11:37:54 am, PT)

bought back puts at $4.50

PROFIT:  $320 (in ONE day)





SPX put options

Mon. 10/30/2017 (10:53:30 am, PT)

sold short -4 Nov 29, 2017  2445 puts at $5.20

probability ITM:  11.12%


Tue. 10/31/2017 (11:58:16 am, PT)

bought back puts at $4.40

PROFIT:  $320





Friday, October 27, 2017

SPX put options

Mon. 10/23/2017 (11:33:26 am, PT)

sold short -4 Nov 30, 2017  2420 puts at $5.20

probability ITM:  10%


Fri. 10/27/2017 (12:50:32 pm, PT)

bought back puts at $4.10

PROFIT:  $440 (in FOUR days)




SPX put options

Mon. 10/23/2017 (11:49:02 am, PT)

sold short -3 Nov 24, 2017  2450 puts at $5.00

probability ITM:  10%


Fri. 10/27/2017 (12:50:54 pm, PT)

bought back puts at $3.80

PROFIT:  $360




SPX put options

Mon. 10/23/2017 (12:11:48 pm, PT)

sold short -3 Nov 22, 2017  2450 puts at $5.10

probability ITM:  10%


Fri. 10/27/2017 (12:52:28 pm, PT)

bought back puts at $3.70

PROFIT:  $420






Friday, October 20, 2017

SPX put options

Tue. 10/17/2017 (10:37:32 am, PT)

sold short -3 Nov 3, 2017  2460 puts at $3.00

probability ITM:  9.31%


Fri. 10/20/2017 (10:59:41 am, PT)

bought back puts at $1.55

PROFIT:  $435 (in 3 days!)




Wednesday, October 18, 2017

SPX put options

Tue. 10/17/2017 (10:28:28 am, PT)

sold short -3 Nov 20, 2017  2425 puts at $5.10

probability ITM:  10.60%


Wed. 10/18/2017 (12:25:45 pm, PT)

bought back puts at $4.20

PROFIT:  $270




SPX put options

Tue. 10/17/2017 (10:16:23 am, PT)

sold short -3 Nov 17, 2017  2435 puts at $5.20

probability ITM:  11.20%


Wed. 10/18/2017 (12:28:29 pm, PT)

bought back puts at $4.40

PROFIT:  $240




Friday, October 6, 2017

SPX put options

Fri. 10/6/2017 (10:04:54 am, PT)

sold short -3 Nov 1, 2017  2460 puts at $5.10

probability ITM:  13.44%


Fri. 10/6/2017 (12:02:42 pm, PT)

bought back puts at $4.10

PROFIT:  $300 (in TWO HOURS!)




SPX put options

Fri. 10/6/2017 (10:04:24 am, PT)

sold short -3 Oct 31, 2017  2445 puts at $4.10


Fri. 10/6/2017 (12:18:52 pm, PT)

bought back puts at $3.30

PROFIT:  $240 (in TWO HOURS!)




SPX put options

Fri. 10/6/2017 (9:23:43 am, PT)

sold short -3 Nov 3, 2017  2445 puts at $5.00

probability ITM:  12.25%


Fri. 10/6/2017 (12:24:49 pm, PT)

bought back puts at $4.00

PROFIT:  $300 (in ONE day!)




Thursday, October 5, 2017

SPX Put Option

Mon. 10/2/2017 (9:03:37 am, PT) RD

sold short -1 Oct 31, 2017  2450 put at $6.20
  • probability of success:  84%
  • max profit:  $620

Thu. 10/5/2017 (11:58:42 am, PT)

bought back put at $3.40

PROFIT:  $280


SUCCESS!


Image result for disney gif



Learn to SELL put options!  


Wednesday, October 4, 2017

SPX put options

Wed. 10/4/2017 (8:23:53 am, PT)

sold short -3 Nov 1, 2017  2445 puts at $5.10

probability ITM:  13%


Wed. 10/4/2017 (1:14:08 pm, PT)

bought back puts at $4.40

PROFIT:  $210




Disney (DIS) Put Options

Wed. 8/9/2017 (9:31:48 am, PT) RD

sold short -1 October 20, 2017  $100 put at $1.70

Reasons for placing this trade:
  • stock down over 4% post-earnings
  • stock was "oversold" (stochastics at the bottom)
  • 62% probability of success
  • 72 days 'til expiration (DTE)
  • nice premium
Comments:
  • On 9/7/2017, the stock hit a low of $96.20 (my short put went in-the-money) 😨
  • On 9/8/2017, my trade had a "paper loss" of $230  😨
Question:


Mon. 10/2/2017 (9:55:01 am, PT)

bought back put option at $1.15

PROFIT:  $55

How did I turn a losing trade into a winner? 😀





Thursday, August 31, 2017

SPX Put Options

Monday, 8/28/2017 (9:31:35 am, PT)  FP

sold short -2 September 29, 2017  2300 puts at $5.60

probability of success:  89.20%


Thursday, 8/31/2017 (7:16:59 am, PT)

bought back puts at $2.95

PROFIT:  $530 (in 4 days)

SUCCESS!





Learn to SELL put options!



Industrial Select Sector SPDR ETF (XLI) Put Options

Thursday, 8/3/2017 (12:16:42 pm, PT)

sold short -2 September 15, 2017  $67 puts at $0.51

probability of success:  70%


Thursday, 8/31/2017 (7:26:28 am, PT)

bought back puts at $0.24

PROFIT:  $27

SUCCESS!





Learn to SELL put options!

Wednesday, July 19, 2017

Procter Gamble (PG) Put Options

Thursday, 7/6/2017 (12:30 pm, PT) RD

sold short -1 August 18, 2017  $85 put at $0.95 ($95 credit)

Why did I place this trade?
  • 68% probability of success
  • stochastics in "oversold" region
  • 43 days 'til expiration (DTE)


Wednesday, 7/19/2017 (9:48 pm, PT)

bought back put option at $0.44 ($44 debit)

PROFIT:  $51


SUCCESS!





To learn more about SELLING PUT OPTIONS, watch


Friday, June 23, 2017

QQQ Put Options

Tue. 6/20/2017 (12:59:57 pm, PT)

sold short -2 Aug 18, 2017  $134 puts at $1.57

probability of success:  71%


Fri. 6/23/2017 (10:39:40 pm, PT)

bought back puts at $1.05

PROFIT:  $104 (in 3 days)


SUCCESS!




Monday, June 19, 2017

Spiders (SPY) Put Options

Tue. 6/6/2017 (12:49:56 pm, PT)

sold short -1 July 7, 2017  $236 put option at $0.92

probability of success:  80% (high)


Mon. 6/19/2017 (6:38:24 am, PT)

bought back put option at $0.30

PROFIT:  $62

SUCCESS!


Wednesday, June 14, 2017

Gold (GLD) Call Options

Thu. 5/25/2017 (9:01:47 am, PT)

sold short -2 July 21, 2017  $122 calls at $1.15

  • probability of success:  67%
  • stochastics:  overbought


Wed. 6/14/2017 (12:44:55 pm, PT)

bought back calls at $0.82

PROFIT:  $66

Comment:  This had been a difficult trade, so I decided to close it, take my profits and move on to the next trade.




Monday, June 5, 2017

SPX Put Option

Friday, 5/26/2017 (10:51:50 am, PT) FP

sold short -1 July 5, 2017  2350 put at $10.40

  • credit received:  $1040
  • probability of success:  78%
  • 40 days 'til expiration


Monday, 6/5/2017 (7:42:52 am, PT)

buy to close put at $5.10

PROFIT:  $530 

Why did I close the trade?
Answer:  I got 51% of max profit in just 10 days

SUCCESS!



Friday, May 12, 2017

SPX index options

Fri. 5/12/2017 (10:20:25 am, PT)

sold short -2 June 7, 2017  2330 puts at $7.40

probability of success:  80%


Fri. 5/12/2017 (12:40:22 pm, PT)

bought back puts at $6.80

PROFIT:  $120 (in 2 hours and 20 minutes)

SUCCESS!


Thursday, May 11, 2017

SPX index options

Thu. 5/11/2017 (8:40:02 am, PT)

sold short -2 May 31, 2017  2335 puts at $6.50

probability of success:  80%


Thu. 5/11/2017 (10:51:49 am, PT)

bought back puts at $5.40

PROFIT:  $220 (in 2 hours!)

SUCCESS!


Monday, April 24, 2017

SPX put option

Wednesday, 4/19/2017 (9:14:21 am, PT)

sold -1 May 5, 2017  2285 put at $7.50

  • credit received:  $750
  • probability of success:  80%


Monday, 4/24/2017 (6:52:38 am, PT)

bought back put at $2.20

PROFIT:  $530

SUCCESS!



SPX put option

Tuesday, 4/18/2017 (9:59:35 am, PT)

sold -1 April 24, 2017  2285 put at $5.30

  • credit received:  $530
  • probability of success:  82.40%


Comment: The "implied volatility" was very high on 4/18.  That's why I was able to collect $5.30 for a one-week option with a 82.40% probability of expiring OTM.  That was pretty amazing.

So .... the next time you see opportunities like this, jump in and sell some OTM put options.

"How do I sell put options?" you might ask.
Watch my FREE videos HERE.


Monday, 4/24/2017 (6:37:37 am, PT)

bought back put at $0.05

Comment:  I decided to go ahead and buy back my put for 5 cents just to be safe.

PROFIT:  $525 (in 5 trading days)

SUCCESS!


SPX put options

Friday, 4/21/2017 (12:58:06 pm, PT)

sold -2 April 24, 2017  2280 puts at $2.55
  • credit received: $510
  • probability of success: 90% (very, very high)

Comment: The put premiums were EXTREMELY high on 4/21 due to the elevated "implied volatility."  Normally, a ONE-DAY option with a 90% probability of expiring OTM would not be trading at $2.55!  It was amazing!

So ... the next time you see an opportunity like this, jump in and SELL some OTM put options!

"How do I sell OTM put options?" you might ask.

Watch my FREE videos HERE!


Monday, 4/24/2017 (6:39:29 am, PT)

bought back puts at $0.05

Comment:  Even though 4/24 was Expiration Monday, I chose to buy back my short puts at 5 cents just to be safe.

PROFIT:  $500 (in 2 trading days)

SUCCESS!


SPX put option

Fri. 3/31/2017 (9:54:50 am, PT) FP

sold -1 May 12, 2017  2280 put at $11.90

  • credit received:  $1190
  • probability of success:  80%


Mon. 4/24/2017 (6:55:16 am, PT)

buy back put at $4.20

PROFIT:  $770

SUCCESS!


SPX put option

Fri. 4/7/2017 (12:38:03 pm, PT) FP

sold -1 May 12, 2017  2235 put at $8.50

  • credit received:  $850
  • probability of success:  85.16%


Mon. 4/24/2017 (6:52:27 am, PT)

buy back put at $2.35

PROFIT:  $615

SUCCESS! 



SPX put option

Wed. 4/5/2017 (11:35 am, PT) FP

sold -1  May 12, 2017  2240 put at $6.10

  • credit received:  $610
  • probability of success:  88%

Mon. 4/24/2017 (6:52:45 am, PT)

buy back put at $2.50 (debit)

PROFIT:  $360 

SUCCESS!


Wednesday, March 1, 2017

Spiders (SPY) Put Options

Thu. 2/23/2017 (10:35:44 am, PT)

sell short -10 March 17, 2017  $230 puts at $0.85

probability of success:  79%


Wed. 3/1/2017 (11:05:11 am, PT)

buy back puts at $0.30

PROFIT:  $550

SUCCESS!

Comment: President Donald Trump gave speech to Congress the previous evening



SPX Index Put Options

Fri. 2/24/2017 (9:59:18 am, PT)

sell short -1 April 7, 2017  2260 put at $9.80

Comments:
  • probability of success: 82.30%
  • credit received:  $980


Wed. 3/1/2017 (9:04:14 am, PT)

buy back put at $5.40

PROFIT:  $440


SUCCESS!

Comments:
  • President Donald Trump gave speech to Congress the previous evening



SPX Index Put Options

Thu. 2/23/2017 (12:57:08 pm, PT)  FP

sell short -1 April 7, 2017  2260 put at $9.80

Comments:
  • credit received:  $980
  • probability of success:  82%

Wed. 3/1/2017 (8:06:23 am, PT)

buy back put at $5.80

PROFIT:  $400

Comment:
  • President Donald Trump gave his speech to Congress the previous evening

SUCCESS!


Spiders (SPY) Put Options

Wed. 2/22/2017 (1:06:20 pm, PT) RD

sell short -10 March 31, 2017  $228 puts at $1.03

Comments:
  • probability of success:  80%
  • FOMC minutes released at 11 am, 2/22/2017

Wed. 3/1/2017 (7:51:35 am, PT)

buy back puts at $0.59

Comments:
  • President Donald Trump gave speech to Congress the previous night

PROFIT:  $440

SUCCESS!




Spiders (SPY) Put Options

Wed. 2/22/2017 (11:18:29 am, PT)

sell short -10 March 10, 2017  $233.50 puts at $0.84

probability of success:  71%


Wed. 3/1/2017 (6:30:09 am, PT)

buy back puts at $0.26

PROFIT:  $580

SUCCESS!

Comment:  President Donald Trump gave speech to Congress the previous evening