Follow me on Twitter!

Wednesday, March 31, 2021

Options trade: Electronic Arts (EA) short put | How to sell put options

 Wednesday, 2/24/2021

sell -1 April 16, 2021  $130 put at $3.35

prob ITM 34%

51 DTE


Wednesday, 3/31/2021 (16 DTE)

I bought back the short put at $1.00 to remove the risk of assignment (prob ITM = 23%)

NET PROFIT:  $233.67

Friday, March 26, 2021

Options trade: Apple short put | How to sell put options

 Monday, 2/22/2021

sell -1 March 26, 2021  $115 put at $1.33

prob ITM:  20.39%

32 DTE


Friday, 3/26/2021 (EXPIRATION)

Apple closed at $121.21

I let my short put expire "worthless"

NET PROFIT:  $132.34


Join Patreon to see my "trade alerts"

Learn to trade options for FREE!


Friday, March 19, 2021

Options trade: Global X NASDAQ Covered Call ETF (QYLD) short put | How to sell put options

 Wednesday, 3/3/2021

sell -1 March 19, 2021  $22 put @ $0.30

probability ITM:  55.49% (this is high)

16 DTE


Friday, 3/19/2021 (EXPIRATION)

QYLD closed at $22.45

I let my short put option expire "worthless"

NET PROFIT:  $29.34


Join Patreon to see my "trade alerts"

Learn to trade options for FREE!


Friday, March 12, 2021

Options trade: Biotech Sector ETF (XBI) Credit put spread

Thu. 2/18/2021

sell -2 March 19, 2021  $140 put at $1.44 (prob ITM 17.21%)

buy +2 March 19, 2021  $125 put at $0.35 (prob ITM 5.43%)

net credit:  $1.09 x 2 x 100 =  $218

margin:  $3,000


Fri. 3/12/2021

buy back the entire spread at $1.09

NET LOSS:  $5.34 (trading fees)

Join PATREON to watch the full video!


Monday, March 8, 2021

Options trade: Palantir (PLTR) short put | How to sell put options

 Wednesday, 2/24/2021

sell -1 March 19, 2021  $23 put at $1.12

23 DTE

prob ITM 34%


Monday, 3/8/2021 (10 DTE)

I decided to buy back my short put at $1.00 and break even.  I did not like the way the stock was behaving.  With 10 days remaining, my short put still had a 57% chance of being in-the-money (assignment) at expiration.

NET PROFIT:  $10.69

Tuesday, March 2, 2021

Options trade: Tesla credit (bull) put spread | 3/19/2021 exp

Thursday, 2/18/2021

sell -2 March 19, 2021  $465 puts at $2.14 (prob ITM 4.34%)

buy +2 March 19, 2021  $396 puts at $1.02 (prob ITM 2.38%)

net credit:  $1.12 x 2 x 100 = $224 (max profit)

margin:  $2275


Tuesday, 3/2/2021

buy back entire spread for $1.06 (debit)

NET PROFIT:  $6.66

For the full analysis, join PATREON and watch the video!


Options trade: Facebook credit (bull) put spread | 164% ROC (annualized)

Monday, 2/8/2021

sell -2 March 12, 2021  $240 puts at $2.13 (prob ITM 16.93%)

buy +2 March 12, 2021  $210 puts at $0.37 (prob ITM 3.66%)

net credit:  $1.76 x 2 x 100 =  $352 (max profit)

margin:  $2318

FB @ $266.38


Monday, 3/1/2021

buy back the entire spread for $0.64 (debit)

NET PROFIT:  $218.67 (in 21 days)

ROC:  9.43% (21 days) =  164% (annualized)

For the full analysis, join PATREON and watch the video!