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Friday, January 29, 2016

Spiders (SPY) Feb Put Options

1/8/2016 (10:24:10 am, PT)

sell -2 Feb 2016  $186 puts at $2.92

Why did I place this trade?
  • stochastics in oversold region
  • high implied volatility
  • probability of success:  70%

1/29/2016 (9:39:56 am, PT)

buy back both puts at $1.41

Why?  To take profits.

PROFIT:  $300 (in 3 weeks)


SUCCESS!



Implied volatility is high!  
SELL PUTS to take advantage of inflated premiums.
Learn on your own for FREE by watching MY VIDEOS HERE or
PAY for one-on-one training (details HERE).


Visa Earnings Play

1/28/2016 (12:52:10 pm, PT)

sell -1 Jan 29, 2016 (week 5)  $67.50 put at $1.05

Why did I place this trade?
  • earnings announcement after market close today
  • expected move:  $4.00
  • probability of success:  65%


1/29/2016 (6:39:12 am, PT)

buy back put at $0.04

PROFIT:  $101 (in 1 day)


SUCCESS!
 

It's EARNINGS SEASON!  
SELL PUTS (and/or calls) to take advantage of inflated premiums.
Learn on your own for FREE by watching MY VIDEOS HERE or
PAY for one-on-one training (details HERE).

Spiders (SPY) Put Options

1/27/2016 (12:00:55 pm, PT)

sell -1 Feb 5, 2016 (week 1)  $183 put at $1.11

Why did I place this trade?
  • SPY down post-FOMC
  • high implied volatility
  • probability of success:  80%


1/29/2016 (11:25:18 am, PT)

buy back put at $0.18 (take profits)

PROFIT:  $93 (in 2 days)


SUCCESS!





When implied volatility is high, 
SELL PUTS to take advantage of inflated premiums.
Learn on your own for FREE by watching MY VIDEOS HERE or
PAY for one-on-one training (details HERE).

Thursday, January 28, 2016

Facebook (FB) Earnings Play

1/27/2016 (12:54:18 pm, PT)  

sell -2 January 29, 2016 (week 5)  $88 puts at $0.66

Why did I place this trade?
  • Earnings announcement after market close today
  • Expected move:  $4.87
  • Probability of success: 81%

1/28/2016 (6:30:22 am, PT)

buy back both puts at $0.01

PROFIT:  $130 (in 1 day)

SUCCESS!



It's EARNINGS SEASON!  
SELL PUTS (and/or calls) to take advantage of inflated premiums.
Learn on your own for FREE by watching MY VIDEOS HERE or
PAY for one-on-one training (details HERE).

Thursday, January 21, 2016

SPY Put Options

1/15/2016 (9:23:23 am, PT)  (Friday)

sell  -1 Jan 22, 2016 (week 4)  $177 put at $0.78

probability of success:  85%


1/21/2016 (8:52:43 am, PT)  (Thursday)

buy to close put at $0.05

PROFIT:  $73 (in 4 trading days)

SUCCESS!




High implied volatility = high put premiums
Earn a little extra income by SELLING PUT OPTIONS.
Learn on your own for FREE by watching my videos HERE or
Pay for one-on-one training (details HERE).