Friday, 10/7/2016 (8:00 am, PT)
sold (to open) -10 Oct 14, 2016 $212.50 puts at $0.61
Monday, 10/10/2016 (1:14:50 pm, PT)
bought back all puts at $0.15
PROFIT: $460 (in ONE trading day!)
SUCCESS!
Thu. 9/8/2016 (10:18:02 am, PT)
sell (to open) -10 Sep 16, 2016 $215 puts at $0.54
credit received: $0.54 ($540)
Fri. 9/16/2016 (8:45:49 am, PT) (expiration)
buy (to close) +10 Sep 16, 2016 $215 puts at $1.83 (debit)
sell (to open) -10 Sep 30, 2016 $214 puts at $2.83 (credit)
new credit received: $1.00 ($1000)
Comments:
I "rolled" my Sep 16 short puts to the Sep 30 expiration cycle because:
- my Sep 16 puts were in-the-money on Sep 16 (expiration)
- simply buying back my ITM puts would have resulted in a LOSS of $1290 (I don't like to lose money)
- I wanted to give my options more time
- I wanted to collect another "credit"
Fri. 9/30/2016 (8:04:21 am, PT) (expiration)
buy back Sep 30 puts at $0.05 (debit)
PROFIT: $1490
SUCCESS!
Comments:
By "rolling" my ITM puts, I was able to come out with a PROFIT in the end.
Fri. 9/16/2016 (10:49:42 am, PT)
sell -2 Oct 21, 2016 $207 puts at $2.11
Why did I place this trade?
- stochastics in oversold region
- 69% probability of success
Wed. 10/5/2016 (11:40:53 am, PT)
buy back puts at $0.34
PROFIT: $354
SUCCESS!
Tue 10/4/2016 (11:26 am, PT) FP
sell (to open) -10 Oct 14, 2016 $209.50 puts at $0.61
Why did I place this trade?
- big "down" day
- 80% probability of success
- 10 days 'til expiration (DTE)
Wed. 10/5/2016 (10:50 am, PT)
buy back all puts at $0.25
PROFIT: $360 (in ONE day!!)
SUCCESS!
Wed. 9/28/2016 (8:02:18 am, PT)
sell (to open) -10 Oct 7, 2016 $211 puts at $0.61
Why did I place this trade?
- 78% probability of success
- 9 days 'til expiration
Fri. 9/30/2016 (9:40 am, PT)
buy back all puts at $0.23
PROFIT: $380 (in TWO days!)
SUCCESS!
Wed. 9/14/2016 (12:23:27 pm, PT)
sell (to open) -1 Oct 21, 2016 $208 put at $2.96
Why did I place this trade?
- stochastics in oversold region
- 64% probability of success
- 37 days 'til expiration
Wed. 10/5/2016 (8:45:09 am, PT)
buy back put at $0.44
PROFIT: $252
SUCCESS!
Tue. 8/30/2016 (11:09:25 am, PT)
sell (to open) -1 Oct 5, 2016 $214 put at $2.23
Why did I place this trade?
- stochastics in oversold region
- 63% probability of success
- 36 days 'til expiration
Wed. 10/5/2016 (6:30 am, PT)
buy back put at $0.08 (my preset closing order filled at Opening Bell)
PROFIT: $215
SUCCESS!
Tue. 8/30/2016 (10:41:54 am, PT)
sell -1 Oct 7, 2016 $115 put at $1.60
Why did I place this trade?
- stochastics in oversold region
- 60% probability of success
Mon. 10/3/2016 (12:46:40 pm, PT)
buy back put at $0.05
PROFIT: $155
SUCCESS!