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Friday, April 13, 2018

RUT index short put options

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


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SPX short strangle

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


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Wednesday, April 11, 2018

SPX short call option

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



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SPX short call option

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.

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SPX short call option

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


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Monday, April 9, 2018

RUT index put options

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


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Friday, April 6, 2018

SPX short strangle (options)

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



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Wednesday, April 4, 2018

RUT index short strangle

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)


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Tuesday, April 3, 2018

SPX short put option

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


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RUT short put options

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


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