Trade 1
Tuesday 3/5/2019 (12:13:54 pm, PT)
sell short -1 March 8, 2019 $1660 put at $2.61
Facts:
- 3 days 'til expiration
- 14 delta
Trade 2
Thursday, 3/7/2019 (12:56:53 pm, PT) [AMZN dropped $45, so I rolled down & out to April 12]
buy (to close) 1 March 8, 2019 $1660 put at $36.49
sell (to open) 1 April 12, 2019 $1590 put at $38.41
net credit: $1.92
Trade 3
Wednesday, 3/20/2019 (9:13:26 am, PT)
buy back April 12 $1590 put at $3.25
PROFIT: $128
I decided to close my trade before the FOMC announcement at 11 am (PT).
Thursday, 2/28/2019 (11:19:31 am, PT)
sell short -1 March 8, 2019 $1705 call at $2.74
Facts:
- 8 days 'til expiration
- "overbought" stochastics
- 10 delta
Friday, 3/8/2019 (8:19:34 am, PT) (Expiration Friday)
buy back March 8 $1705 call option at $0.01 (to remove the risk and take profits)
PROFIT: $273 (in one week)
Monday, 3/4/2019 (11:05:10 am, PT)
sell short -1 March 8, 2019 $1632.50 put at $2.47
Facts:
- 4 days 'til expiration
- 10.52 delta
Tuesday, 3/5/2019 (11:58:12 am, PT)
buy back put option at $0.80 (take profits)
PROFIT: $167 (in one day)
Thursday, 2/28/2019 (11:19:31 am, PT)
sell short -1 March 8, 2019 $1565 put at $2.63
Facts:
- 8 days 'til expiration (DTE)
- 10 delta
Friday, 3/1/2019 (12:54 pm, PT)
buy back put option at $0.95
Amazon rose $33, so it's time to close my trade and take profits.
PROFIT: $168 (in one day)
