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Tuesday, March 20, 2012

IWM April 2012 $65 Put

3/6/2012

sell to open 10 April 2012 $65 puts @ $0.31

Credit:  $310

(IWM is the Russell 2000 ETF)

Maintenance required:   $6706.54 (10.32%)


3/20/2012

buy to close @ $0.05

Net gain after fees:   $252.25  (3.76% in two weeks)

Initial investment amount:  ZERO!!!!!


This options trader teaches at Lilia's Investing Academy (Albany).

To register for upcoming classes, send an email by clicking here.

Monday, March 19, 2012

SODA April 2012 $30 put

2/23/2012

sell to open 10 April 2012 $30 puts @ $0.95

earnings announcement:  2/29 a.m.
Market Maker expected move:  plus or minus $6.02
probability of expiring ITM:  20%


3/19/2012

buy to close @ $0.30

net gain after fees:  $615  (2.05% return in 3 weeks!)

Initial investment amount:  ZERO!!!

This options trader teaches at Lilia's Investing Academy (Albany, CA).

To register for upcoming options classes via email, click here.

Friday, March 16, 2012

AAPL March $485 put

3/7/2012

Sell to open 1 AAPL March 2012 $485 put at $1.10.

probability of expiring ITM:  7.92%


3/16/2012

Option expired "worthless."  Apple stock is above $485.


I made $110 in 8 trading days.

Initial investment amount:  ZERO!!!

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This options trader teaches at Lilia's Investing Academy in Albany, CA.

Click here to register for upcoming classes.