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Click here to hear a few words from a happy and SUCCESSFUL options student!

Hi!  Welcome to my blog!

I have posted many of my options trades here so you can study and learn from me.  

You will notice that my trading strategies are relatively simple yet consistently profitable.

I, like many successful options traders, SELL options and GET PAID up front.  The probability of success is much higher when you SELL options.  


Watch my FREE VIDEO with step-by-step instructions on how to SELL put options (31 minutes long).

*   *   *   *   *   *   *   *   *   *   *   *   *   *   *   *

If you like to buy stocks and exchange-traded funds (ETFs) as long-term investments, you should consider SELLING PUT OPTIONS.  This strategy gives you the opportunity to buy ETFs and stocks at lower prices.

Click HERE to watch a short, 6-minute demonstration of this simple, yet little-known, investing strategy.

OPTIONS TRADING STRATEGY : How to make $2,000 every month in a $10,000 account | 240% return (annualized)

 In this video, I demonstrate how to make approximately

 $2,000 each month in a $10,000 account

(these are not trade recommendations

 and there are no guarantees)

https://youtu.be/DzHtvN2fW_Y

Options trading : US Oil Fund ETF (USO) "Options Wheel" strategy

 GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.

12/2/2022

sell -1 Dec 9, 2022 $67.50 put at $0.80

• 7 DTE
• prob ITM (assignment): 30%
• USO = $69.85

12/9/2022 (expiration)

USO closed at $62.85, so my short put was ITM

I got assigned 100 shares at $67.50

I then sold (to open) one Jan 13, 2023 call option with a strike price of $67.50.

1/13/2023

USO closed above $67.50, so my covered call got assigned.

I sold (to close) my 100 shares of USO at $67.50

TOTAL PROFIT:  $330

 GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.

Options trading : US Oil Fund ETF (USO) semi-bullish trade

 GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.

4/18/2023

sell -1 April 21, 2023 $68 put at $0.14 (credit)

• 3 DTE
• USO =  $70.76
• prob ITM/assignment:  12.37% (low)

4/21/2023 (expiration)

USO closed at $68.22

My short put expired perfectly

PROFIT:  $14

 GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.

Options trading : US Oil Fund ETF (USO) semi-bullish trade and Assignment

    GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.

Friday, 3/24/2023 (11:16 am, PT)

sell -1 March 24, 2023 $61 put at $0.16 (credit)

• 0 DTE (expires in less than 2 hours)
• prob ITM/assignment: 39% (high)
• USO = $61.20

Friday, 3/24/2023 (1 pm, PT)  🠈🠈 expiration

• USO closed at $60.96
• My short put was in-the-money by $0.04
• I could have tried to buy back my short put to avoid assignment, but the bid/ask spread was over $0.10
• I chose to take the assignment
• I had to buy 100 shares of USO at $61/share

Monday, 3/27/2023

USO jumped over $3/share, so I sold my 100 shares at $64.05 and took a quick profit.

TOTAL PROFIT:  $321 (in 2 trading days)

   GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.

Options trading : US Oil Fund ETF (USO) semi-bullish trade

  GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.

Monday, 3/13/2023

sell -1 March 17, 2023 $60 put at $0.17 (credit)

• 4 DTE
• prob ITM/assignment: 9.59%
• USO = $65.38

Friday, 3/17/2023 (expiration)

USO closed at $58.66, so I got assigned 100 shares of USO at $60/share

Monday, 3/20/2023

sell -1 March 24, 2023 $60 call at $1.42 (credit)

• 4 DTE
• prob ITM/assignment:  66%

NOTE:  I generally don't like to sell covered calls because they limit the upside potential.  In this case, however, I decided I would be OK if I got "called away" (sell my shares) at $60 because that was my put-assignment price.  I collected $142 for the call option plus another $17 for the original short put.

My covered call expires on Friday, March 24 . . .  stay tuned . . .

Friday, 3/24/2023 (expiration)

USO closed at $60.96

My covered call ended up in-the-money, so I had to sell my 100 shares at the strike price of $60/share

TOTAL PROFIT:  $159

NOTE:

On 3/23/2023, USO hit a high of $63.  

If I did NOT have this covered call, I could have sold my 100 shares at $63 and made a profit of $300.  BUT, I had the covered call, so I was "stuck."

That's the reason I don't like to sell covered calls.

    GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.

Options trading : Amazon (AMZN) semi-bullish trade

  GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.

2/24/2023

sell -1 March 24, 2023 $80 put at $0.59 (credit)

• 28 DTE
• "oversold"
• prob ITM/assignment: 12.34% (low)
• AMZN = $93.07

3/24/2023 (expiration)

AMZN closed at $98.13

my short put expired

PROFIT:  $59

 GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.

Options trading : US Oil Fund ETF (USO) semi-bullish trade

  GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.

3/24/2023 (11:16 am, PT)

sell -1 March 24, 2023 $61 put at $0.16 (credit)

• 0 DTE
• prob ITM/assignment: 39% (high)
• USO = $61.20

later that day . . . 

USO closed at $60.96 at 1 pm, PT, so my short put was in-the-money by exactly $0.04!

I could have TRIED to buy back my put at $0.04 to avoid assignment, but I chose not to do that.

    GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.

Options trading : US Natural Gas ETF (UNG) semi-bullish trade

 GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.

3/23/2023

sell -1 March 24, 2023 $7 put at $0.07 (credit)

• 1 DTE
• prob ITM/assignment: 30% (average)
• UNG = $7.19

3/24/2023 (expiration)

UNG closed at $7.33 

put option expired

PROFIT:  $7.00

 GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.

Options trading : US Oil Fund ETF (USO) semi-bullish trade

     GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.

Wed. 3/8/2023 (12:34 pm, PT)

sell -1 March 17, 2023 $60.50 put at $0.10 (credit)

• 9 DTE
• prob ITM/assignment:  6.18% (very low!)
• USO = $67.12 (-0.73)

Fri. 3/17/2023 (expiration)

USO closed at $58.66

My short put ended up "in-the-money," so I got assigned 100 shares at $60.50/share

Wed. 3/22/2023

I sold my 100 shares of USO at $62.50 ($2 higher than my assignment price)

TOTAL PROFIT: $10 (put premium) + $200 (100 shares) = $210

NOTE: 

Notice that the probability of assignment for the March 17 put was only 6.18%, but I still got assigned.  In this case, the trade worked out nicely because USO rose after I got assigned.  Thus, I was able to make a nice profit in a very short time.

    GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.

Options trading : Campbell Soup Co (CPB) semi-bullish trade

     GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.

2/3/2023

sell -1 March 17, 2023 $45 put at $0.25 (credit)

• CPB = $50.88
• prob ITM/assignment:  12%
• 42 DTE
• "oversold"

3/17/2023 (expiration)

CPB closed at $53.38

Put option expired

PROFIT:  $25

    GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.

Options trading : Alphabet (GOOGL) semi-bullish trade

     GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.

3/7/2023

sell -1 March 17, 2023 $87 put at $0.27 (credit)

• 10 DTE
• GOOGL = $93.84 (-1.29)
• prob ITM/assignment: 11%

3/17/2023 (expiration)

GOOGL closed at $101.62

my short put expired

PROFIT:  $27

    GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.

Options trading : Alphabet (GOOGL) semi-bullish trade

      GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.

2/2/2023

sell -1 March 10, 2023 $89 put at $0.52 (credit)

• GOOGL = $106.44
• probability ITM/assignment = 9.71% (low)
• margin requirement:  $455
• 36 DTE

3/8/2023 (2 DTE)

buy back short put at $0.02 (debit)

PROFIT: $50

     GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.

Options trading : Amazon (AMZN) semi-bullish trade

      GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.

2/24/2023

sell -1 March 10, 2023 $82 put at $0.23 (credit)

• 14 DTE
• AMZN = $92.78 (-3.04)
• probability ITM/assignment = 7.73% (low)

3/10/2023 (expiration)

AMZN closed at $90.73

my short put expired perfectly

PROFIT: $23

     GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.

Options trading : Alphabet (GOOGL) semi-bullish trade

      GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.

2/24/2023

sell -1 March 10, 2023 $81 put at $0.25 (credit)

• 14 DTE
• GOOGL = $88.98 (-1.91)
• probability ITM/assignment = 9.65% (low)

3/10/2023 (expiration)

GOOGL closed at $90.63

my short put expired perfectly

PROFIT:  $25

     GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.

Options trading : US Oil Fund ETF (USO) semi-bullish trade

     GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.

2/27/2023

sell -1 March 10, 2023 $61 put at $0.25 (credit)

• 11 DTE
• USO = $66.27
• probability ITM/assignment: 12.35% (low)

3/16/2023 (12:25 pm, PT)

with 4 days left until expiration, I decided to buy back my short put, take my profits and remove the risk of assignment.

I bought back my put for $0.01 (debit)

PROFIT:  $24 (in 7 days)

 GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.

Options trading : US Oil Fund ETF (USO) semi-bullish trade

    GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.

1/30/2023

sell -1 Feb 3, 2023 $66 put at $0.40 (credit)

• 4 DTE

2/3/2023 (expiration)

At 7:27 am (PT), I bought back my short put at $0.01 (debit).

It's a good thing I did that because at expiration, USO closed at $64.40 (below my strike price!).

PROFIT:  $39

   GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.

Options trading : Alphabet (GOOGL) semi-bullish trade

    GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.

2/22/2023

sell -1 March 3, 2023 $85 put at $0.23 (credit)

• GOOGL = $91.67
• 10 DTE
• prob ITM/assignment:  10% (low)

3/3/2023 (expiration)

GOOGL closed at $93.65

my short put expired perfectly

PROFIT:  $23

   GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.

Options trading : Alphabet (GOOGL) semi-bullish trade

    GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.

2/3/2023

sell -1 March 3, 2023 $88 put at $0.24 (credit)

• GOOGL = $104.38 (-3.36)
• prob ITM/assignment = 6%
• 28 DTE

3/2/2023 (1 DTE)

buy back short put at $0.01 to remove the risk

PROFIT:  $23

   GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.

Options trading : Amazon (AMZN) semi-bullish trade

    GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.

2/21/2023 

sell -1 March 3, 2023 $85 put at $0.22 (credit)

• AMZN = $94.57 (-2.63)
• "oversold"
• 10 DTE
• prob ITM/assignment: 8% (very low)

3/3/2023 (expiration)

AMZN closed at $94.90

my short put expired perfectly

PROFIT:  $22

   GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.

Options trading : Alphabet (GOOGL) semi-bullish trade

    GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.

2/21/2023

sell -1 March 3, 2023 $83 put at $0.17 (credit)

• GOOGL = $92.08 (-2.26)
• prob ITM/assignment:  6.76% (very low)
• 10 DTE

3/3/2023 (expiration)

GOOGL closed at $93.65

My short put expired perfectly

PROFIT:  $17

   GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.

Options trading : US Oil Fund ETF (USO) semi-bullish trade

    GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.

2/21/2023

sell -1 March 3, 2023 $60.50 put at $0.14 (credit)

• prob ITM/assignment: 8.49% (high probability of success)
• USO = $67
• 10 DTE

3/3/2023 (expiration)

USO closed at $69.86

my short put expired perfectly

PROFIT:  $14

   GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.

Options trading : US Oil Fund ETF (USO) semi-bullish trade

    GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.

2/3/2023

sell -1 Feb 24, 2023 $58 put at $0.45

• USO = $64.59
• prob ITM/assignment: 17%
• 21 DTE
• "oversold"

2/24/2023 (expiration)

USO closed at $67.10

my short put expired perfectly

PROFIT:  $45

   GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.

Options trading : Amazon (AMZN) semi-bullish trade

    GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.

2/9/2023

sell -1 Feb 24, 2023 $83 put at $0.22

• prob ITM/assignment:  6%
• AMZN = $97.93
• 15 DTE

2/24/2023 (expiration)

AMZN closed at $93.50

my short put expired perfectly

PROFIT:  $22

   GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.

Options trading : Alphabet (GOOGL) semi-bullish trade

    GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.

2/10/2023

sell -1 Feb 24, 2023 $80 put at $0.11

• prob ITM/assignment:  4%
• GOOGL =  $94.44
• 14 DTE

2/24/2023 (expiration)

GOOGL closed at $89.13

My short put expired perfectly

PROFIT:  $11

   GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.

Options trading : Alphabet (GOOGL) semi-bullish trade

    GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.

1/24/2023

sell -1 Feb 3, 2023 $83 put at $0.15

• GOOGL = $98.57
• prob ITM/assignment: 4.46%
• 10 DTE
• earnings on 2/2/2023 after the closing bell

2/3/2023 (Expiration)

GOOGL closed at $104.74

My short put expired perfectly

PROFIT: $15

   GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.

Options trading : Alphabet (GOOGL) semi-bullish trade

    GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.

1/24/2023

sell -1 Feb 3, 2023 $83 put at $0.16

• 10 DTE
• earnings on 2/2/2023 after the closing bell
• GOOGL = $98.04
• prob ITM/assignment: 4.89%

2/3/2023 (Expiration)

GOOGL closed at $104.74

PROFIT:  $16

   GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.

Options trading : Alphabet (GOOGL) semi-bullish trade

    GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.

1/30/2023 

sell -1 Feb 3, 2023 $87 put at $0.22

• prob ITM/assignment: 7.75%
• GOOGL = $97.22
• 4 DTE
• earnings on 2/2/2023 after the closing bell

2/3/2023 (Expiration)

GOOGL closed at $104.74

My short put expired perfectly

PROFIT:  $22

   GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.

Options trading : US Oil Fund ETF (USO) semi-bullish trade

    GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.

2/3/2023 (12:21 pm, PT)

sell -1 Feb 10, 2023 $60 put at $0.22

• USO = $64.43 (-2.14)
• prob ITM/assignment: 12.79%
• 7 DTE
• oversold

2/10/2023 (Expiration)

USO closed at $69.87

My short put expired perfectly

PROFIT: $22

   GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.

Options trading : US Oil Fund ETF (USO) semi-bullish trade

    GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.

2/3/2023 (12:58:34 pm, PT)

sell -1 Feb 10, 2023 $59 put at $0.15

2/10/2023 (Expiration)

USO closed at $69.87

My short put expired perfectly.

PROFIT: $15

   GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.

Options trading : US Natural Gas ETF (UNG) semi-bullish trade

    GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.

2/3/2023 (12:45:50 pm, PT)

sell -1 Feb 10, 2023 $6.50 put at $0.03

• prob ITM/assignment: 8%
• UNG = $8.22 (-0.16)
• 7 DTE
• oversold

Why did I place this trade?

Because I wanted to get assigned 100 shares at $6.50/share so I could implement "The Wheel" strategy.

2/10/2023 (Expiration)

UNG closed at $8.79

PROFIT:  $3.00

I did not get assigned the 100 shares, but I still got paid $3.00 for waiting.

   GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.

Options trading : Amazon (AMZN) semi-bullish trade

    GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.

2/3/2023 (12:59:37 pm, PT)

sell -1 Feb 10, 2023 $85 put at $0.03

Why did I place this trade?

Because I wanted the opportunity to buy 100 shares of AMZN at $85/share.

This is called "assignment."

2/10/2023 (Expiration)

AMZN closed at $97.61.

PROFIT: $3.00

I did not get assigned the 100 shares, but I still got paid $3.00 for waiting.

   GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.

Options trading : Tesla (TSLA) earnings play

   GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.

1/25/2023 (12:45:29 pm, PT)  🠈🠈  earnings release at 1 pm (PT)

sell -1 Jan 27, 2023 $114 put at $0.25 (credit)

• the "market maker move" was up/down $11.45 post-earnings
• TSLA = $144.54
• I sold a put that was more than twice the "market maker move"
• I was OK with buying 100 shares at $114/share
• prob ITM/assignment: 4.19% (very, very low)
• 2 DTE 
• earnings after closing bell on Jan 25

1/27/2023 (exp)

TSLA closed at $178.31

My short put expired perfectly

PROFIT:  $25 (2 days)

  GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.

Options trading : Amazon (AMZN) semi-bullish trade

   GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.

1/19/2023

sell -1 Jan 27, 2023 $85 put at $0.20 (credit)

• 8 DTE
• prob ITM/assignment = 7.80% (low)
• AMZN = $94

1/27/2023 (exp)

AMZN closed at $102.15

my short put expired perfectly

PROFIT: $20

  GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.

Options trading : US Oil Fund ETF (USO) semi-bullish trade

   GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.

1/23/2023 

sell -1 Jan 27, 2023 $68 put at $0.13 (credit)

• prob ITM/assignment = 10% (low)
• 4 DTE

1/27/2023 (exp)

USO closed at $69.50

my short put expired perfectly

PROFIT:  $13

  GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.

Options trading : Amazon (AMZN) semi-bullish trade

   GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.

1/19/2023

sell -1 Jan 27, 2023 $83 put at $0.13 (credit)

• 8 DTE
• prob ITM/assignment = 5.35% (low)
• AMZN = $93.69

1/27/2023 (exp)

AMZN closed at $102.16

my short put expired perfectly

PROFIT: $13

  GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.

Options trading : Amazon (AMZN) semi-bullish trade

   GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.

1/23/2023

sell -1 Jan 27, 2023 $89 put at $0.10 (credit)

• 4 DTE
• prob ITM/assignment: 5.36% (low)

1/27/2023 (exp)

AMZN closed at $102.15

my short put expired perfectly

PROFIT:  $10

  GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.

Options trading : Apple (AAPL) semi-bullish trade

    GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.

12/23/2022

sell -1 Jan 20, 2023 $110 put at $0.43 (credit)

• oversold
• 28 DTE
• probability ITM/assignment =  8% (very low)
• AAPL = $130.85

1/20/2023 (expiration)

AAPL closed at $137.87

My short put expired perfectly

PROFIT:  $43

   GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.

Options trading : US Oil Fund ETF (USO) semi-bullish trade

    GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.

1/6/2023

sell -1 Jan 13, 2023 $59 put at $0.13

• 7 DTE
• probability ITM = 7.46% (high probability of success)
• USO = $64.91

1/13/2023 (expiration)

USO closed at $70.05

My short put expired perfectly

PROFIT:  $13

COMMENT:  This was a very short-term, high-probability (of success) trade

   GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.