Monday, 4/9/2018 (9:30:02 am, PT)
sell -2 April 13, 2018 1455 puts at $0.95
probability of success: 95%
Tuesday, 4/10/2018 (11:53 am, PT)
buy back puts at $0.50
PROFIT: $90
Fri. 4/13/2018 (9:22:31 am, PT)
sell -1 April 13, 2018 2670 call at $3.00 (33 delta)
sell -1 April 13, 2018 2650 put at $2.20 (21 delta)
net credit (max profit): $5.20 x 1 x 100 = $520
expiration: 1 pm (PT)
Fri. 4/13/2018 (12:11:36 pm, PT)
buy back call at $0.05
Fri. 4/13/2018 (12:58:56 pm, PT)
buy back put at $0.05
PROFIT: $510
Tue. 4/10/2018 (11:02:53 am, PT)
sell -1 April 11, 2018 2690 call at $3.20
probability of success: 83%
Tue. 4/10/2018 (12:54:11 pm, PT)
buy back call at $2.00
PROFIT: $120
Wed. 4/11/2018 (9:10:19 am, PT)
sell -1 April 11, 2018 2665 call at $4.10
- FOMC minutes at 11 am (PT)
- expiration at 1 pm (PT)
- probability of success: 64%
Wed. 4/11/2018 (10:45:29 am, PT)
buy back call at $1.00
PROFIT: $310 (in 95 minutes)
Comment:
SPX closed at 2642.19. If I had held my call option until expiration, I would have made $410. However, I'm fine with closing my trade when I did and making $310 in only 95 minutes.
Wed. 4/11/2018 (11:06:18 am, PT)
sell -1 April 11, 2018 2660 call at $3.10
- FOMC minutes at 11 am (PT)
- probability of success: 69%
- expiration: 1 pm (PT)
Wed. 4/11/2018 (12:13:25 pm, PT)
buy back call at $0.05
PROFIT: $305
Friday, 4/6/2018 (12:52:59 pm, PT)
sell -2 April 13, 2018 1450 puts at $2.55
probability of success: 90%
Monday, 4/9/2018 (9:29:13 am, PT)
buy back puts at $0.95
PROFIT: $320
Wed. 4/4/2018 (10:32:09 am, PT)
sell -1 April 6, 2018 2680 call at $1.12 (delta 5.75)
sell -1 April 6, 2018 2470 put at $1.13 (delta 3.50)
net credit: $2.25 x 1 x 100 = $225
Wed. 4/4/2018 (12:51:42 pm, PT)
buy back 2470 put at $0.15
let 2680 short call expire (SPX closed at 2604.47 on April 6)
PROFIT: $210
Wed. 4/4/2018 (11:43:44 am, PT)
sell -2 April 13, 2018 1585 calls at $2.03 (delta 7)
sell -2 April 13, 2018 1415 puts at $1.42 (delta 7)
net credit (max profit): $3.45 x 2 x 100 = $690
expiration: in 9 days
Fri. 4/6/2018 (9:01:18 am, PT)
buy back calls at $0.92
buy back puts at $0.93
(net debit: $1.85)
PROFIT: $320 (in 2 days)
Monday, 4/2/2018 (11:17:06 am, PT)
sell -1 April 6, 2018 2285 put at $1.00
- probability of success: 98%
- day 'til expiration: 4
Tuesday, 4/3/2018 (10:20:17 am, PT)
buy back put at $0.30
PROFIT: $70
Tue. 4/3/2018 (10:35:59 am, PT)
sell -2 April 20, 2018 1390 puts at $3.80
probability of success: 90%
Tue. 4/3/2018 (12:01:11 pm, PT)
buy back puts at $3.20
PROFIT: $120