Options trade: TLT ratio put spread (semi-neutral trade)

Oct 23, 2018

buy +1 Nov 30, 2018  $114 put option
sell -2 Nov 30, 2018  $113.50 put options

net credit:  $1.05 x 1 x 100 =  $105
maximum potential profit:  $155


Nov 27, 2018

close the trade

PROFIT:  $106

WATCH ALL 4 VIDEOS HERE!

Options trade: SPX short call options (bearish trade)

Monday, 11/26/2018 (Expiration Monday)

Trade 1 (9:11:23 am, PT)

sell (to open) -1 Nov 26, 2018  2670 call option at $3.40  ←  38.67 delta (a bit high)


Trade 2 (9:25:18 am, PT)

buy back short call option at $1.50 

Note:  I decided to close it at around 50% of max profit

PROFIT:   $190 (in 14 minutes)


COMMENTS:

It was very tempting to leave this trade open (until expiration) to get the remaining $150, but it's only 9:25 am and a lot can happen in the next 3.5 hours.

I got 55% of max profit in only 14 minutes, so I'm happy about that.  "Don't get greedy," right?  😉

Learn to SELL OPTIONS HERE.

Options trade: SPX credit call spread (bearish trade)

Monday, 11/12/2018 (Expiration Monday)

12:22:03 pm, PT

buy +1 Nov 12, 2018  2770 call at $0.05 ← "wing"
sell -1 Nov 12, 2018  2750 call at $1.30 ←  22 delta

margin:  $2,000
net credit:  $1.25 x 1 x 100 = $125 (max profit)



1:00 pm, PT

SPX closed at 2726.22
all call options expired "worthless"

PROFIT:  $125 (in 38 minutes)

Learn to SELL call options HERE!