Gold (GLD) Feb Bull Put Spread

12/29/2014 (11:59:47 am, PT)

This is a BULL PUT SPREAD (aka credit put spread)

-2 February 2015  $112 puts at $2.45
+2 February 2015  $111 puts at $2.09

Why did I place this trade?

• stochastics in oversold region (see chart)
• amount of capital required:  $200

2/13/2015 (6:57:23 am, PT)

buy (to close) the 2 short puts ($112 strike) at $0.04

Why?  

• stochastics in oversold region (see chart)
• to remove the risk of losing $$$ in case GLD continues lower and closes below $112 on expiration Friday
• leaving the long put ($111 strike) open gives me the opportunity to make some extra $$$ if GLD plunges in the next 7 days

2/20/2015 (expiration)

GLD closed at $115.28 (see chart)

my long put expired "worthless"


NET PROFIT:  $53.83  (ROC 27% in 7.5 weeks)

Success!

SELL VERTICAL PUT SPREADS and GET PAID immediately.

Learn on your own for FREE (my YouTube videos) or

Pay for 1-on-1 training (details here).

Spiders (SPY) Feb Ratio Put Spread

1/15/2015 (11:11:39 am, PT)

SPY was trading between $199.48 and $199.60 at the time

THIS IS A RATIO PUT SPREAD

+2 February 2015  $199 puts at $4.57
-4 February 2015  $197 puts at $3.87

max credit:  $634
max potential profit:  $1034


2/13/2015 (6:44:09 am, PT)

• buy to close 2 February 2015  $197 puts at $0.04 to remove the risk
• leave 197/199 debit put spread open for the potential to make more $$$

2/20/2015 (expiration Friday)

SPY closed at $211.24
debit put spread expired "worthless"

NET PROFIT:  $614.26

Success!

SELL RATIO PUT SPREADS and GET PAID immediately!

Learn on your own for FREE by watching my YouTube videos here or

Pay for 1-on-1 training (details here).

Spiders (SPY) Feb Ratio Put Spread

1/15/2015 (12:55:33 pm, PT) FP

this is a RATIO PUT SPREAD

+1 February 2015  $199 put at $4.73
-2 February 2015  $198 puts at $4.35

max credit:  $3.97 ($397)
max potential profit:  $497


2/17/2015 (6:30 am, PT)

• buy to close 1 February $198 put at $0.03 to remove the risk
• leave the 198/199 debit spread open for the potential to make more $$

2/20/2015 (expiration)

SPY closed at $211.24, so the 198/199 debit spread expired "worthless"


NET PROFIT:  $383.67

Success!

SELL PUT OPTIONS and GET PAID immediately!

Learn on your own for FREE by watching my YouTube videos here or

Pay for 1-on-1 training (details here).

QQQ March Put Options

2/2/2015 (10:16:12 am, PT)  FP

-2 March 2015  $94 puts at $1.12

(QQQ was trading between $100.74 and $100.87 at the time)


2/19/2015 (11:19:28 am, PT)

buy to close puts at $0.10 and TAKE PROFITS

NET PROFIT:  $200.89 (in 17 days)

Success!

SELL PUT OPTIONS and GET PAID immediately!

Learn on your own for FREE by watching my YouTube videos here or

Pay for 1-on-1 training (details here).

Lockheed Martin (LMT) March Put Options

1/29/2015 (10:05:07 am, PT)

-1 March 2015  $180 put at $2.80

Why did I place this trade?

WATCH MY FREE VIDEO HERE!

2/19/2015 (10:13:51 am, PT)

buy to close at $0.30

NET PROFIT:  $246.93

Success!

SELL PUT OPTIONS and GET PAID immediately!

Learn on your own for FREE by watching my YouTube videos here or

Pay for 1-on-1 training (details here).

Spiders (SPY) Feb Put Options

1/12/2015 (12:59:25 pm, PT)

-1 February 2015 $200 put at $3.49

Why did I place this trade?

• stochastics in oversold region [see chart]
• probability of success:  57%

2/18/2015 (12:03:15 pm, PT)

buy to close put at $0.02

NET PROFIT:  $345.43

Success!

SELL PUT OPTIONS and GET PAID immediately!

Learn on your own for FREE by watching my YouTube videos here or

Pay for 1-on-1 training (details here).

SPY Feb Put Options

1/9/2015 (11:21:43 am, PT)

-1 February 2015 $201 put at $3.10

Why did I place this trade?

• stochastics in oversold region (see chart)
• probability of success:  60%

2/18/2015 (11:42:21 am, PT)

buy to close put at $0.03

Why did I close my position?

• stochastics in overbought region (see chart)
• three days left until expiration (anything can happen)
• TAKE PROFITS!

NET PROFIT:  $299.18                               

Success!

SELL PUT OPTIONS and GET PAID immediately!

Learn on your own for FREE by watching my YouTube videos here or

Pay for 1-on-1 training (details here).

Spiders (SPY) Feb Put Options

1/9/2015 (12:52:56 pm, PT)  FP

-2 February 2015 $197 puts at $2.17

Why did I place this trade?

• Slow stochastics heading back up (see chart)
• Probability of success =  71%

2/17/2015 (6:30:02 am, PT)

buy to close both puts at $0.03


NET PROFIT:   $418.44                         

Success!

SELL PUT OPTIONS and GET PAID immediately!

Learn on your own for FREE by watching my YouTube videos here or

Pay for 1-on-1 training (details here).

SPY Put Options

2/11/2015 (11:16:39 am, PT)  [Wednesday]

sell (to open) 10 March 13, 2015 $195 puts at $1.02
(this is a "weekly" option)

probability of success:  83%


2/13/2015 (11:30:36 am, PT)  [Friday]

buy (to close) all 10 puts at $0.49

NET PROFIT:  $514.50  in THREE DAYS!!!
(ROC 1.82% in 3 days!)

Success!

SELL PUT OPTIONS and GET PAID IMMEDIATELY!

Learn on your own for FREE (watch my videos) or

Pay for 1-on-1 training (details here).

Spiders (SPY) Feb Put Options

1/9/2015 (12:50:02 pm, PT)  FP

-3 February 2015 $190 puts at $1.17

Why did I place this trade?

• Slow stochastics heading back up (see chart)
• Probability of success = 83%

2/11/2015 (1:00:38 pm, PT)

buy to close all 3 puts at $0.04

NET PROFIT:  $328.63
 

SELL PUT OPTIONS and GET PAID immediately!

Learn on your own for FREE by watching my YouTube videos here or

Pay for 1-on-1 training (details here).

QQQ February Puts

1/15/2015 (12:56:51 pm, PT) LL

-1 February 2015 $98 put at $2.02

Why did I place this trade?

• stochastics in "oversold" region (see chart)
• "triple bottom" (possible support?) (see chart)
• high implied volatility (= high premiums)
• probability of success = 60%

2/10/2015 (12:29:37 pm, PT)

my "buy to close" limit order filled at $0.05 even though the "mid" was $0.065!
(I guess a market maker decided to take his/her $5.00 before the price dropped further!)

Why did I close my trade?

• price at top of range (see chart)
• stochastics in "overbought" region (see chart)
• TAKE PROFITS!

NET PROFIT:  $195.43  (ROC 1.99% in 3.5 weeks)

Success!

SELL PUT OPTIONS and GET PAID immediately!

Learn on your own for FREE (visit my YouTube Channel) or

Pay for 1-on-1 training (details here).

IWM February Put Options

1/20/2015 (12:20:58 pm, PT) LL

-2 February 2015 $115 puts at $2.36 (credit)

Why did I place this trade?

• price approaching 200 EMA (possible support?) (see chart)
• stochastics in "oversold" region (see chart)
• high implied volatility (= high premiums)
• probability of success:  56%

2/6/2015 (9:56:20 am, PT)

buy (to close) both puts at $0.39 (debit)

Why did I close this trade?

• price at top of range (see chart)
• stochastics in "overbought" region (see chart)
• TAKE PROFITS!!

NET PROFIT:  $387.88  (ROC 1.686% in 17 days)  

Success!

SELL PUT OPTIONS and GET PAID immediately!

Learn on your own for FREE (YouTube) or

Pay for 1-on-1 training (details here).

SPY Put Options

1/8/2015 (10:14:44 am, PT) LL

sold to open 10 February 2015 $192 puts at $1.20

probability of success:  83%


2/4/2015 (11:14:20 am, PT)

bought to close all 10 puts at $0.32

NET PROFIT:  $857.49                          Success!
using margin, the return on capital is 2.71% in 20 trading days

 

Learn to SELL PUT OPTIONS.  It's easy, fun and profitable.

Learn on your own for FREE by watching my YouTube videos or

Pay for 1-on-1 training (details here).

SPY Put Options

12/24/2014 (8:49:53 am, PT) LL

sold to open 10 February 2015 $191 puts at $1.02

probability of success:  86%


2/4/2015 (11:14:42 am, PT)

bought to close all 10 puts at $0.28

NET PROFIT:  $717.49               Success!
using margin, the return on capital is 2.79% in 6 weeks

Learn to SELL PUT OPTIONS.  It's easy, fun and profitable.
Learn on your own for FREE by watching my YouTube videos or 
Pay for 1-on-1 training (details here).

SPY Put Options

1/30/2015, Friday (12:20:22 pm, PT) LL

sold (to open) 10 February 2015 $187 puts at $0.75

Why did I place this trade?

• "oversold" condition in stochastics (see chart)
• high implied volatility (high premiums)
• probability of success:  84%

2/4/2015, Wednesday (11:15 am, PT)

bought (to close) all 10 puts at $0.15

Why did I close my position?

• approaching "overbought" condition in stochastics (see chart)
• implied volatility has come down
• TAKE PROFITS!

NET PROFIT:  $584.49
using margin, the return on capital is 2.067% in just 4 trading days!

Learn to SELL PUT OPTIONS.  It's easy, fun and profitable.
Learn on your own for FREE by watching my YouTube videos or
Pay for 1-on-1 training (details here).

Energy ETF (XLE) Put Options

1/9/2015 (11:30:27 am, PT) LL

sold (to open) 1 February 2015 $74 put at $1.97

Why did I place this trade?

• "oversold" condition in stochastics (see chart)
• probability of success:  60%

2/3/2015 (10:25:02 am, PT)

bought (to close) put option at $0.36

Why did I close this position?

• "overbought" condition in stochastics (see chart)
• broke above 50 EMA (possible resistance?)
• TAKE PROFITS!

NET PROFIT:  $157.93             Success!

Learn to SELL PUT OPTIONS.  It's easy, fun and profitable.
Learn on your own for FREE at https://www.youtube.com/user/moneyandlilia/playlists or Pay for 1-on-1 training (details here).

Gold (GLD) Put Options

8/22/2014 (11:08:06 am, PT) LL

• sold (to open) 4 October 2014 $120 puts at $1.21
• probability of success:  69%

10/10/2014 (9:03:56 am, PT)  

• GLD was trading between $117.19 and $117.74, so my puts were ITM
• I rolled my 4 October 2014 puts to November 2014 (same strike of $120)
• Received another credit of $1.12

11/5/2014 (10:00:08 am, PT)

• GLD was trading around $110.27
• My short puts had about $0.05 of extrinsic value remaining
• I rolled my 4 November 2014 puts to March 2015 (same strike of $120)
• Received another credit of $1.45

1/20/2015 (10:57:09 am, PT)

• GLD was trading around $124ish
• The stochastics were in the "overbought" region
• I decided to close my position today
• Unfortunately, however, the implied volatility was extremely high, so I had to overpay ($2.32) to buy back my short puts.  That's fine.  I just wanted to take my PROFITS.

TOTAL NET PROFIT:  $541.22                   Success!

Learn to SELL PUT OPTIONS and GET PAID up front!
Learn on your own for FREE at my YouTube Channel or
Pay for customized, 1-on-1 training (details here).

QQQ Ratio Put Spread

12/12/2014 (10:41:48 am, PT) LL

+1 January 2015 $101 put at $1.55
-2 January 2015 $100 puts at $1.30

maximum credit:  $1.05 x 1 x 100 =  $105
maximum potential profit:  ($1.05 + $1.00) x 1 x 100 =  $205

Why did I place this trade?

• stochastics in the "oversold" region (see chart)
• price approaching 50 EMA (possible support?)
• probability of expiring ITM was 31% (for $100 strike)

1/15/2015 (12:41:53 pm, PT) (1 day before expiration)
QQQ was bouncing around $100 all day long (see chart).
I decided to sell (to close) my debit put spread for $0.64 ($64).


1/16/2015 (expiration)
QQQ closed at $100.82 (see chart).
My short strike was $100!  Whew!  That was close!!!!
I let my remaining short put expire.


TOTAL NET PROFIT:  $151.09                Success!

Learn to SELL RATIO PUT SPREADS!  You get paid up front and you can make money REGARDLESS of the direction of the underlying!

Learn on your own for FREE at YouTube or
Pay for 1-on-1 training (details here).

Spiders (SPY) January Put Options

12/10/2014 (11:22:08 am, PT) LL

sell (to open) 10 January 2015 $190 puts at $1.10

Why did I place this trade?

• SPY was touching the 50 EMA (possible support) [see chart]
• stochastics was near the oversold region [see chart]
• probability of success:  83%

1/9/2015 (6:30:03 am, PT) 

buy (to close) all 10 puts at $0.03

TOTAL NET GAIN:  $1054.98               Success!

The lesson.....

On 12/10/2014 (when I sold my puts at $1.10), SPY was trading between $202.93 and $205.98.
On 1/9/2015 (when I bought back my puts at $0.03), SPY was trading between $203.51 and $206.42.
If, during the same time frame, I had bought 1000 shares of SPY instead of selling put options, I would have broken even.  However, by selling 10 put options, I came out with a profit of $1054.98!  That's why I love to sell put options!


Learn to SELL PUT OPTIONS and GET PAID up front!
Learn on your own for FREE at my YouTube Channel or
Pay for 1-on-1 training (details here).

Spiders (SPY) January Put Options

12/16/2014 (12:42:59 pm, PT) LL

sold to open 1 January 2015 $196 put at $3.87

Why did I place this trade?

• oversold region of stochastics (see chart)
• high implied volatility because of FOMC announcement on 12/17
• probability of success:  58%

1/8/2015 (1:04:28 pm, PT)

bought back put option at $0.14

Why did I close this trade?

• take profits!  (see chart)

NET PROFIT:  $369.93  (ROC 1.887% in 3 weeks, 2 days)

Success!

Learn to SELL PUT OPTIONS and GET PAID up front!
Learn on your own for FREE at www.youtube.com/user/moneyandlilia or
Pay for 1-on-1 training (details here).