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!
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!