FREE OPTIONS TRADING LESSONS HERE.
FREE OPTIONS TRADING LESSONS HERE.
8/31/2021
sell -2 Sep 7, 2021 4405 put at $3.46 (prob ITM 9%)
buy +2 Sep 7, 2021 4220 put at $0.91 (prob ITM 2%)
9/7/2021 (expiration)
buy back 4405 short puts at $0.05 to remove the risk
let the long puts expire
NET PROFIT: $494.22
SPX settled at 4520.03 (-15.40)
FREE OPTIONS TRADING LESSONS HERE.
1/26/2021
sell -1 Feb 26, 2021 3435 put at $15.01 (prob ITM 11%)
buy +1 Feb 26, 2021 3325 put at $9.96 (prob ITM 7%)
2/23/2021
buy back entire spread at $0.10
NET PROFIT: $490.22
FREE OPTIONS TRADING LESSONS HERE.
1/27/2021
buy +1 Feb 26, 2021 4030 call at $6.39 (prob ITM 7%)
sell -1 Feb 26, 2021 3990 call at $10.94 (prob ITM 11%)
2/25/2021
buy back call spread at $0.10
NET PROFIT: $440.22
SPX settled at 3811.15 on Feb 26 (expiration)
FREE OPTIONS TRADING LESSONS HERE.
9/27/2021
sell -2 Oct 1, 2021 4320 puts at $3.80 (prob ITM 9.33%)
buy +2 Oct 1, 2021 4240 puts at $1.80 (prob ITM 4%)
10/1/2021 (expiration)
buy back the 4320 short puts at $0.05 to remove the risk
let the long puts expire
NET PROFIT: $384.04
SPX settled a 4357.04 (+49.50)
FREE OPTIONS TRADING LESSONS HERE.
10/11/2021
sell -2 Nov 10, 2021 $406 puts at $2.13 (prob ITM 16%)
buy +2 Nov 10, 2021 $330 puts at $0.15 (prob ITM 1.18%)
11/3/2021 (10:48:35 am, PT) <--- FOMC at 11 am (PT)
buy back the $406 short puts at $0.08
let the long puts expire
I wanted to close this trade before the FOMC press conference
PROFIT: $380
FREE OPTIONS TRADING LESSONS HERE.
10/27/2021
sell -2 Nov 19, 2021 $436 puts at $2.06 (prob ITM 19%)
buy +2 Nov 19, 2021 $377 puts at $0.21 (prob ITM 2%)
11/18/2021
buy back the $436 short puts at $0.02 to remove the risk
PROFIT: $366
FREE OPTIONS TRADING LESSONS HERE.
7/16/2021
sell -2 July 23, 2021 4180 puts at $4.93 (prob ITM 10%)
buy +2 July 23, 2021 4135 puts at $3.13 (prob ITM 6%)
7/23/2021 (expiration)
SPX = 4411.79 (+44.31)
all puts expired perfectly
PROFIT: $360
FREE OPTIONS TRADING LESSONS HERE.
10/22/2021
buy +2 Nov 26, 2021 $107 puts at $1.49 (prob ITM 23%)
sell -4 Nov 26, 2021 $106 puts at $1.30 (prob ITM 20%)
11/17/2021
buy back the 2 "naked" puts ($106 strike) at $0.16 to remove the risk
11/24/2021
sell (to close) the embedded debit put spread (2 contracts) at $0.63 for an extra $126
PROFIT: $316
NOTE: On 11/26/2021 (expiration), ARKK closed at $107.12
If I had not sold (to close) the debit put spread on 11/24/2021, I would have missed out on the extra $126.
FREE OPTIONS TRADING LESSONS HERE.
9/16/2021
sell -2 Oct 22, 2021 $408 puts at $2.04 (prob ITM 13%)
buy +2 Oct 22, 2021 $355 puts at $0.51 (prob ITM 3.17%)
10/21/2021
buy back $408 short puts at $0.01 to remove the risk
let the long puts expire
NET PROFIT: $301.34
FREE OPTIONS TRADING LESSONS HERE.
8/24/2021
sell -2 Aug 30, 2021 4380 puts at $3.30 (prob ITM 9%)
buy +2 Aug 30, 2021 4330 puts at $1.95 (prob ITM 5%)
8/30/2021 (expiration)
SPX = 4528.79 (+19.42)
all puts expired perfectly
PROFIT: $270
FREE OPTIONS TRADING LESSONS HERE.
8/26/2021
sell -1 Sep 1, 2021 4340 put at $4.94 (prob ITM 10.34%)
buy +1 Sep 1, 2021 4225 put at $2.34 (prob ITM 4.31%)
9/1/2021 (expiration)
SPX = 4524.09
All puts expired perfectly
PROFIT: $260
FREE OPTIONS TRADING LESSONS HERE.
11/5/2021
buy 100 shares of ADM stock at $64.40 (debit)
sell -1 Dec 17, 2021 $65 call at $1.46 (credit)
12/17/2021 (expiration)
ADM closed at $65.27, so I got assigned on the covered call
NET PROFIT: $205.34
I also collected a dividend of $37 on 12/7/2021
FREE OPTIONS TRADING LESSONS HERE.
11/19/2021
sell -2 Dec 17, 2021 $429 puts at $1.41 (prob ITM 10%)
buy +2 Dec 17, 2021 $349 puts at $0.21 (prob ITM 1.35%)
12/14/2021
buy back the $429 short puts at $0.17 to remove the risk before the FOMC press conference
NET PROFIT: $202.03
FREE OPTIONS TRADING LESSONS HERE.
11/8/2021
sell -2 Dec 8, 2021 $443 puts at $2.10 (prob ITM 16%)
buy +2 Dec 8, 2021 $320 puts at $0.10 (prob ITM 0.64%)
12/6/2021
buy back the two $443 short puts at $1.00
let the long puts expire
NET PROFIT: $196.03
FREE OPTIONS TRADING LESSONS HERE.
4/27/2022
buy +1 April 29, 2022 4400 call at $0.52 (prob ITM 2%)
sell -1 April 29, 2022 4335 call at $2.47 (prob ITM 6%)
4/29/2022
buy back the short 4335 call at $0.05 to remove the risk
let the long call expire
NET PROFIT: $187.11 (2 days)
FREE OPTIONS TRADING LESSONS HERE.
4/27/2022
buy +1 May 27, 2022 $245 call at $1.00 (prob ITM 5.41%)
sell -1 May 27, 2022 $225 call at $2.45 (prob ITM 13%)
5/18/2022
buy back entire call spread at $0.20
NET PROFIT: $122.34
FREE OPTIONS TRADING LESSONS HERE.
6/242021
sell -1 July 2, 2021 $170 put at $2.22 (prob ITM 14%)
buy +1 July 2, 2021 $152.50 put at $1.01 (prob ITM 7%)
7/2/2021 (expiration)
buy back short $170 put at $0.01 to remove the risk
let the long put expire
NET PROFIT: $118.67 (in 8 days)
FREE OPTIONS TRADING LESSONS HERE.
8/26/2021
sell -1 Sept 17, 2021 $81 put at $1.18
9/17/2021 (expiration)
STX = $83.74
my put option expired perfectly
PROFIT: $118
FREE OPTIONS TRADING LESSONS HERE.
8/19/2021
sell -1 Sept 24, 2021 $95 put at $1.05
9/22/2021
buy back put at $0.02 to remove the risk
PROFIT: $103
FREE OPTIONS TRADING LESSONS HERE.
10/27/2021
sell -1 Nov 19, 2021 $285 put at $1.33 (prob ITM 12%)
buy +1 Nov 19, 2021 $225 put at $0.09 (prob ITM 1%)
11/10/2021
buy back entire spread at $0.18
NET PROFIT: $106 (in 13 days)
FREE OPTIONS TRADING LESSONS HERE.
10/6/2021
buy +1 Nov 12, 2021 $51.50 put at $1.19 (prob ITM 34%)
sell -2 Nov 12, 2021 $51 put at $1.06 (prob ITM 31%)
10/22/2021
buy back the entire spread at $0.10
NET PROFIT: $79.03 (in 16 days)
FREE OPTIONS-TRADING LESSONS HERE
5/19/2022 (10:57:28 am, PT)
buy +1 May 19, 2022 4020 call at $0.10
sell -1 May 19, 2022 3965 call at $1.70
5/19/2022 (12:14:03 pm, PT)
buy back the short 3965 call at $0.50 to remove the risk
let the long call expire
NET PROFIT: $106.46
SPX settled at 3900.79
FREE OPTIONS-TRADING LESSONS HERE
5/17/2022 (11:08:17 am, PT)
buy +1 May 17, 2022 4160 call at $0.07
sell -1 May 17, 2022 4115 call at $1.47
5/17/2022 (11:22:23 am, PT)
buy back short 4115 call at $0.20 to remove the risk
let the long call expire
NET PROFIT: $116.46 (in 14 minutes!)
SPX settled at 4088.85
FREE OPTIONS-TRADING LESSONS HERE
3/9/2022 (10:25:17 am, PT)
buy +1 March 9, 2022 4370 call at $0.07
sell -1 March 9, 2022 4325 call at $1.37 (prob ITM 8.46%)
3/9/2022 (12:42:39 pm, PT)
buy back the short 4325 call at $0.05 to remove the risk
let the long call expire
SPX settled at 4277.88 (up 107.18)
NET PROFIT: $122.11 (in 2.5 hours)
FREE OPTIONS-TRADING LESSONS HERE
7/8/2021
sell -1 August 13, 2021 $118 put at $1.17
8/13/2021 (expiration)
buy back put option at $0.01 to remove the risk
NET PROFIT: $115.33
FREE OPTIONS-TRADING LESSONS HERE
8/10/2021
sell -1 Sept 10, 2021 $112 put at $1.09
9/10/2021 (expiration)
SBUX = $119.34
my short put expired perfectly
PROFIT: $109
FREE OPTIONS-TRADING LESSONS HERE
4/22/2022
sell -2 May 27, 2022 $11 puts at $0.52 (prob ITM 27%)
buy +2 May 27, 2022 $6 puts at $0.01
5/13/2022
buy back the two $11 short puts at $0.03 to remove the risk
let the $6 long puts expire
NET PROFIT: $96.65
FREE OPTIONS-TRADING LESSONS HERE
8/13/2021
sell -1 Sept 17, 2021 $174 put at $1.33 (prob ITM 24%)
buy +1 Sept 17, 2021 $125 put at $0.05 (prob ITM 0.90%)
9/2/2021
buy back the $174 short put at $0.35 to remove the risk
let the long $125 put expire
NET PROFIT: $91.02
FREE OPTIONS-TRADING LESSONS HERE
6/29/2021
sell -1 July 16, 2021 $60 put at $1.51
7/15/2021
buy back short put at $0.50 to remove the risk
NET PROFIT: $99.68
FREE OPTIONS-TRADING LESSONS HERE
12/20/2021
sell -1 Jan 21, 2022 $50 put at $1.08
12/27/2021
buy back short put to remove the risk
NET PROFIT: $86.68
FREE OPTIONS-TRADING LESSONS HERE
3/3/2022 (12:04 pm, PT)
sell -1 March 4, 2022 4185 put at $1.65 (prob ITM 4.29%)
buy +1 March 4, 2022 4000 put at $0.15 (prob ITM 0.38%)
3/3/2022 (12:59:52 pm, PT)
buy back the entire spread at $0.60
NET PROFIT: $85.31 (in 55 minutes)
FREE OPTIONS-TRADING LESSONS HERE
10/5/2021
sell -1 Nov 5, 2021 $103 put at $1.06
10/26/2021
buy back the $103 short put at $0.28 to close the trade prior to earnings
NET PROFIT: $76.68
FREE OPTIONS-TRADING LESSONS HERE
6/24/2021
sell -1 July 9, 2021 $147 put at $1.08 (prob ITM 24%)
buy +1 July 9, 2021 $120 put at $0.04 (prob ITM 0.90%)
6/29/2021
buy back $147 short put at $0.28
let $120 long put expire
NET PROFIT: $74.02
FREE OPTIONS-TRADING LESSONS HERE
3/4/2022 (10:57 am, PT)
sell -1 March 7, 2022 4100 put at $3.60
buy +1 March 7, 2022 4035 put at $2.10
3/4/2022 (12:46 pm, PT)
buy back the entire spread at $0.75
NET PROFIT: $70.04 (in TWO hours)
I got almost 50% of "max profit" in just two hours, so it's time to close the trade and not get greedy!
FREE OPTIONS-TRADING LESSONS HERE
6/25/2021
sell -2 July 16, 2021 $55.50 puts at $0.80 (prob ITM 43%)
buy +2 July 16, 2021 $50.50 puts at $0.07 (prob ITM 6%)
7/2/2021
buy back the put spread at $0.38 to close the trade
NET PROFIT: $64.67 (in 7 days)
FREE OPTIONS-TRADING LESSONS HERE
7/16/2021
sell -1 August 20, 2021 $98 put at $1.08 (prob ITM 15%)
buy +1 August 20, 2021 $60 put at $0.05 (prob ITM 1%)
7/28/2021
buy back the $98 short put at $0.40 to remove the risk
let the $60 long put expire on Aug 20
NET PROFIT: $61.02 (in 12 days)
On Aug 20, 2021 (expiration), ARKK closed at $115.80
FREE OPTIONS-TRADING LESSONS HERE
1/11/2022
sell -1 Feb 18, 2022 $105 put at $1.00
2/18/2022 (expiration) <--- ROLL for a credit of $1.30
buy back the Feb 18, 2022 $105 put at $2.82 (debit)
sell (to open) -1 March 18, 2022 $105 put at $4.12 (credit)
3/3/2022
buy back the March 18 $105 put at $2.00 to remove the risk
The trade was heading in the wrong direction
NET PROFIT: $27.35
FREE OPTIONS-TRADING LESSONS HERE
5/18/2022 (11:30 am, PT)
sell -1 May 18, 2022 3900 put at $1.42 (prob ITM 8.59%)
buy +1 May 18, 2022 3840 put at $0.17 (prob ITM 1%)
5/18/2022 (12:07:43 pm, PT)
buy back the entire spread at $1.20
This trade was heading in the wrong direction, so all I wanted to do was close the trade and break even.
NET PROFIT: $0.22
NOTE: SPX settled at 3923.68 (-165.17 or 4%)
My trade would have been fine, but I don't like to take unnecessary chances.
FREE OPTIONS-TRADING LESSONS HERE
FREE OPTIONS-TRADING LESSONS HERE
FREE OPTIONS-TRADING LESSONS HERE
FREE OPTIONS-TRADING LESSONS HERE
FREE OPTIONS-TRADING LESSONS HERE
FREE OPTIONS-TRADING LESSONS HERE
FREE OPTIONS-TRADING LESSONS HERE
FREE OPTIONS-TRADING LESSONS HERE
FREE OPTIONS-TRADING LESSONS HERE
FREE OPTIONS-TRADING LESSONS HERE
FREE OPTIONS-TRADING LESSONS HERE
5/25/2022 (11:27 am, PT)
buy +1 May 25, 2022 4065 call at $0.07
sell -1 May 25, 2022 4015 call at $1.57 (prob ITM 10%)
5/25/2022 (12:23 pm, PT)
buy back 4015 call at $0.70 to remove the risk (at 12:14 pm, SPX hit a high of 3999.33 ... not good!)
PROFIT: $80
Note: SPX settled at 3978.73 (+37.25), so my trade would have been fine. But it's always better to be cautious.
FREE OPTIONS-TRADING LESSONS HERE.
3/10/2022
sell -1 June 17, 2022 $52.50 put at $1.05
6/17/2022 <--- EXPIRATION FRIDAY
K closed at $67.54
short put expired "worthless"
PROFIT: $105
FREE OPTIONS-TRADING LESSONS HERE
5/27/2022
sell -2 July 15, 2022 $11 puts at $0.80 (prob ITM 33%)
buy +2 July 15, 2022 $5 puts at $0.01 (prob ITM 0.83%)
6/17/2022
buy back both short puts ($11 strike) at $0.14 to remove the risk
leave open the two long puts
PROFIT: $130
FREE OPTIONS-TRADING LESSONS HERE!
6/7/2022
buy +2 July 15, 2022 $90 calls at $0.25 (prob ITM 4.28%)
sell -2 July 15, 2022 $81 calls at $1.20 (prob ITM 18%)
6/14/2022
buy back the two short calls ($81 strike) at $0.18 to remove the risk
PROFIT: $154
FREE OPTIONS-TRADING LESSONS HERE.
5/19/2022
buy +2 July 1, 2022 $100 calls at $0.15 (prob ITM 4%)
sell -2 July 1, 2022 $80 calls at $1.50 (prob ITM 18%)
6/14/2022
buy back the two short calls ($80 strike) at $0.14 to remove the risk
PROFIT: $242
FREE OPTIONS-TRADING LESSONS HERE
5/12/2022
buy +2 June 24, 2022 $95 calls at $0.34 (prob ITM 2.24%)
sell -2 June 24, 2022 $79.50 calls at $1.10 (prob ITM 13%)
6/14/2022
buy back the two short calls ($79.50 strike) at $0.03 to remove the risk
let the long calls expire
PROFIT: $154
FREE OPTIONS-TRADING LESSONS HERE.
3/9/2022
buy +2 April 14, 2022 $115 calls at $0.15 (prob ITM 2.35%)
sell -2 April 14, 2022 $98 calls at $1.35 (prob ITM 18%)
4/11/2022
buy back the two short calls ($98 strike) at $0.05 to remove the risk
let the long calls expire
PROFIT: $230
FREE OPTIONS-TRADING LESSONS HERE.
3/7/2022
buy +2 April 22, 2022 $125 calls at $0.15
sell -2 April 22, 2022 $98 calls at $1.27
4/22/2022 <--- Expiration
XBI = $79.84
all calls expired
PROFIT: $224
FREE OPTIONS-TRADING LESSONS HERE.
2/7/2022
sell -2 March 11, 2022 $104 calls at $1.13 (prob ITM 17%)
3/11/2022 <--- Expiration
XBI = $84.64
all calls expired
PROFIT: $226
FREE OPTIONS-TRADING LESSONS HERE.
1/13/2022
buy +2 Feb 18, 2022 $128 calls at $0.09 (prob ITM 2%)
sell -2 Feb 18, 2022 $111 calls at $1.19 (prob ITM 16%)
2/7/2022
buy back the two short calls ($111 strike) at $0.05 to remove the risk
let the long calls expire
PROFIT: $210
6/10/2022
sell -4 July 1, 2022 $12.50 puts at $0.63 (prob ITM 33%)
6/13/2022
buy back the four short puts ($12.50 strike) to take profits
PROFIT: $160
FREE OPTIONS-TRADING LESSONS HERE.
1/12/2022
buy +4 Feb 25, 2022 $115 calls at $0.19 (prob ITM 2.50%)
sell -4 Feb 25, 2022 $97 calls at $1.32 (prob ITM 16%)
1/25/2022
buy back the four short calls ($97 strike) at $0.20 to take profits
let the long calls expire
PROFIT: $372
FREE OPTIONS-TRADING LESSONS HERE.
1/21/2022
buy +4 March 4, 2022 $110 calls at $0.12 (prob ITM 1.52%)
sell -4 March 4, 2022 $87 calls at $1.17 (prob ITM 14%)
2/22/2022
buy back the four short calls ($87 strike) at $0.01
let the long calls expire
PROFIT: $416
FREE OPTIONS-TRADING LESSONS HERE.
2/11/2022
buy +4 March 18, 2022 $108.22 calls at $0.09 (prob ITM 1.20%)
sell -4 March 18, 2022 $84.22 calls at $1.37 (prob ITM 16%)
2/18/2022
buy back the four short calls ($84.22 strike) at $0.28 to take profits
leave the long calls open for a future call spread
PROFIT: $400
FREE OPTIONS-TRADING LESSONS HERE.
2/22/2022
sell -4 April 1, 2022 $74 calls at $1.50
3/18/2022 <--- expiration date of the long calls
buy back the four short calls ($74 strike) at $0.50 to take profits
PROFIT: $400
FREE OPTIONS-TRADING LESSONS HERE.
2/23/2022
buy +4 March 25, 2022 $90 calls at $0.12 (prob ITM 2%)
sell -4 March 25, 2022 $72.50 calls at $1.17 (prob ITM 16%)
3/21/2022
buy back the four short calls ($72.50 strike) at $0.10
let the long calls expire (there were no buyers)
PROFIT: $380