9/27/2012
sell to open 10 Oct. 2012 $560 put options @ $1.06 (5% prob. of exp. ITM)
10/19/2012
AAPL closed at $609.84, so my put options expired perfectly
Net gain: $1052 (in 22 days)
------------------
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Friday, October 19, 2012
Apple Oct 2012 590/500 Put Spread (OPTIONS)
9/25/2012
sell to open 10 Oct. 2012 $590 put options @ $1.21 (5.65% prob. exp. ITM)
buy to open 10 Oct. 2012 $500 put options @ $0.37 (1.57% prob. exp. ITM)
10/19/2012 (expiration)
buy to close the 10 "short" options @ $0.01
AAPL closed at $609.84, so all options expired perfectly.
Net gain: $814.45 (in 24 days)
-----------------
Learn to trade OPTIONS at Lilia's Investing Academy.
New OPTIONS classes start soon. Click here for details.
sell to open 10 Oct. 2012 $590 put options @ $1.21 (5.65% prob. exp. ITM)
buy to open 10 Oct. 2012 $500 put options @ $0.37 (1.57% prob. exp. ITM)
10/19/2012 (expiration)
buy to close the 10 "short" options @ $0.01
AAPL closed at $609.84, so all options expired perfectly.
Net gain: $814.45 (in 24 days)
-----------------
Learn to trade OPTIONS at Lilia's Investing Academy.
New OPTIONS classes start soon. Click here for details.
Priceline Oct. 2012 565/550 Put Spread (OPTIONS)
9/24/2012
sell to open 13 Oct. 2012 $565 put options (8.90% prob. exp. ITM)
buy to open 13 Oct. 2012 $550 put options (5.61% prob. exp. ITM)
credit: $0.75
10/18/2012 (options expire on 10/19)
close entire spread at $0.38 (PCLN was dropping, so the risk of expiring ITM was high)
Net gain: $421.02
Addendum:
PCLN closed at $560.50 on 10/19, expiration Friday. I would have lost $4905 if I had not closed the entire position yesterday!
This is a fine example of risk management!!
--------------------
Learn to trade OPTIONS at Lilia's Investing Academy.
New OPTIONS classes start soon. Click here for details.
sell to open 13 Oct. 2012 $565 put options (8.90% prob. exp. ITM)
buy to open 13 Oct. 2012 $550 put options (5.61% prob. exp. ITM)
credit: $0.75
10/18/2012 (options expire on 10/19)
close entire spread at $0.38 (PCLN was dropping, so the risk of expiring ITM was high)
Net gain: $421.02
Addendum:
PCLN closed at $560.50 on 10/19, expiration Friday. I would have lost $4905 if I had not closed the entire position yesterday!
This is a fine example of risk management!!
--------------------
Learn to trade OPTIONS at Lilia's Investing Academy.
New OPTIONS classes start soon. Click here for details.
Apple Oct 600/595 Put Spread (OPTIONS)
9/25/2012
sell to open 10 Oct. 2012 $600 put options at $1.69 (11.16% prob. ITM)
buy to open 10 Oct. 2012 $595 put options at $1.52 (10% prob. ITM)
credit: $0.17
10/19/2012
AAPL closed at $609.84, so all the options expired perfectly!
Total gain: $170 (3.40% return on capital in 24 days)
---------------------
Learn to trade OPTIONS at Lilia's Investing Academy!
New OPTIONS classes start soon. Click here for details.
sell to open 10 Oct. 2012 $600 put options at $1.69 (11.16% prob. ITM)
buy to open 10 Oct. 2012 $595 put options at $1.52 (10% prob. ITM)
credit: $0.17
10/19/2012
AAPL closed at $609.84, so all the options expired perfectly!
Total gain: $170 (3.40% return on capital in 24 days)
---------------------
Learn to trade OPTIONS at Lilia's Investing Academy!
New OPTIONS classes start soon. Click here for details.
Amazon Oct 220/200 Put Spread (OPTIONS)
9/28/2012
sell to open 10 Oct 2012 $220 put options at $0.40 (5.14% prob. ITM)
buy to open 10 Oct 2012 $200 put options at $0.17 (2.07% prob. ITM)
credit: $0.23
10/18/2012 (one day before expiration)
buy to close all 10 of the "short" options at $0.05
Why? Because Google released their earnings prematurely during the day instead of after 1:00 pm today. GOOG missed the estimates and the stock plunged 9%, dragging all the high P/E technology stocks with it.
I decided to play it safe and close out the short side before it becomes "in-the-money."
Net gain: $154.47
Side note: AMZN closed above $220 on 10/19, so this spread would have been fine.....but you never know.....so learn to manage the risk.....
----------------
Learn to trade OPTIONS at Lilia's Investing Academy.
New OPTIONS classes start soon. Click here for details.
sell to open 10 Oct 2012 $220 put options at $0.40 (5.14% prob. ITM)
buy to open 10 Oct 2012 $200 put options at $0.17 (2.07% prob. ITM)
credit: $0.23
10/18/2012 (one day before expiration)
buy to close all 10 of the "short" options at $0.05
Why? Because Google released their earnings prematurely during the day instead of after 1:00 pm today. GOOG missed the estimates and the stock plunged 9%, dragging all the high P/E technology stocks with it.
I decided to play it safe and close out the short side before it becomes "in-the-money."
Net gain: $154.47
Side note: AMZN closed above $220 on 10/19, so this spread would have been fine.....but you never know.....so learn to manage the risk.....
----------------
Learn to trade OPTIONS at Lilia's Investing Academy.
New OPTIONS classes start soon. Click here for details.
Wednesday, October 10, 2012
Visa Oct 2012 110/100 Put Spread (OPTIONS)
8/24/2012
sell to open 10 Oct. 2012 $110 put options @ $0.50
buy to open 10 Oct. 2012 $100 put options @ $0.15
10/10/2012
buy to close Oct. 2012 $110 put options only @ $0.03
let the Oct. 2012 $100 put options expire on 10/19/2012
Net gain: $294.48
----------------------------
Learn to trade options like me! New options classes start soon!
Click here for details.
sell to open 10 Oct. 2012 $110 put options @ $0.50
buy to open 10 Oct. 2012 $100 put options @ $0.15
10/10/2012
buy to close Oct. 2012 $110 put options only @ $0.03
let the Oct. 2012 $100 put options expire on 10/19/2012
Net gain: $294.48
----------------------------
Learn to trade options like me! New options classes start soon!
Click here for details.
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