Spiders (SPY) August Put Options

6/17/2015 (11:08:48 am, PT)  [FOMC at 11:00 am, PT]

sell (to open) -10 August 2015  $197 puts at $1.70

Probability of success:  79%


6/18/2015 (12:33:31 pm, PT)

buy back all +10 puts at $1.22

GROSS PROFIT:  $480 (in ONE DAY!!!)

Success!

SELL PUTS and GET PAID up front!

Learn on your own for FREE by watching MY VIDEOS HERE or

Pay for 1-on-1 training (DETAILS HERE).

Spiders (SPY) June Put Options

5/19/2015 (12:25:31 pm, PT)  stoch top

sell (to open) 10 June 2015  $204.50 puts at $1.05

probability of success:  80%


6/17/2015 (10:34:30 am, PT)  

buy (to close) all 10 puts at $0.28 *

* The put prices were inflated because the FOMC was scheduled to make an announcement at 11 am that day.  I was aware that I was overpaying to buy back my short puts, but I wanted to play it safe and take my profits.

NET GAIN:  $754.42

Success!

SELL PUT OPTIONS and GET PAID up front!

Learn on your own for FREE by watching my VIDEOS HERE or

Pay for 1-on-1 customized training (details HERE).

Spiders (SPY) June Put Options

5/7/2015 (12:56:12 pm, PT) RD   low stoch

sell (to open) 2 June 2015  $202 puts at $2.26

probability of success:  70%


6/17/2015 (10:20:47 am, PT)

buy to close all puts at $0.11 *

* Put prices were overinflated because the FOMC was scheduled to make an announcement at 11 am that day.  I was aware that I was overpaying to buy back my short puts, but I wanted to play it safe and take my profits.

GROSS PROFIT:  $430

Success!

 

SELL PUT OPTIONS and GET PAID up front!

Learn on your own for FREE by watching my VIDEOS HERE or

Pay for 1-on-1 customized training (details HERE).

SPDR Industrials ETF (XLI) Put Options

4/14/2015 (11:10:31 am, PT)  stoch top

sell (to open) 3 June 2015  $55 puts at $1.04

Probability of success:  61%


6/17/2015 (10:37:45 am, PT)

buy (to close) all 3 puts at $0.31 *

* The put prices were overinflated because the FOMC was scheduled to make an announcement at 11 am that day.  I was aware that I was overpaying to buy back my short puts, but I wanted to play it safe and take my profits.

Additionally, XLI was trading around $55.36 at the time (too close for comfort).

NET GAIN:  $200.31

Success!

SELL PUT OPTIONS and GET PAID up front!

Learn on your own for FREE by watching my VIDEOS HERE or

Pay for 1-on-1 customized training (details HERE).

Spiders (SPY) June Put Options

5/13/2015 (1:09:43 pm, PT) (down day)

sell (to open) 10 June 2015  $200 puts at $1.19

probability of success:  80%


5/14/2015 (10:23:38 am, PT) (up day)

buy back all 10 puts at $0.83

NET PROFIT:  $344.43 (in ONE DAY)

Success!

 

SELL PUT OPTIONS and GET PAID up front!

Learn on your own for FREE (watch my videos) or

Pay for customized, private training (details here)

Spiders (SPY) June Put Options

4/21/2015 (10:19:28 am, PT)  stoch top

sell (to open) 10 June 2015  $200 puts at $1.86

Probability of success:  75%


4/23/2015 (12:18:02 pm, PT)  stoch top

buy back all 10 puts at $1.38

NET PROFIT:  $464.42 in TWO DAYS!!

Success!

SELL PUT OPTIONS and GET PAID up front!

Learn on your own for FREE by watching MY VIDEOS or

Pay for 1-on-1 training (details here).

Spiders (SPY) May Put Options

4/1/2015 (12:06:02 pm, PT)

sell (to open) 2 May 2015  $202 puts at $3.03

Why did I place this trade?

• stochastics in oversold region (see chart)
• 60% probability of success

4/23/2015 (11:21:19 am, PT)

buy back both puts at $0.41

Why did I close my position?

• stochastics in overbought region (see chart)
• SPY at new all-time high
• TAKE PROFITS!

NET PROFIT:  $517.86 (in 3 weeks)

Success!

SELL PUT OPTIONS and GET PAID up front!

Learn on your own for FREE by watching MY VIDEOS or

Pay for 1-on-1 training (details here).

Spiders (SPY) June Put Options

4/13/2015 (1:04:31 pm, PT) (stoch top)

sell (to open) 10 June 2015  $196 puts at $1.81 (credit)

Probability of success:  78%


4/16/2015 (10:56:46 pm, PT) (stoch top)

buy (to close) all 10 puts at $1.27 (debit)

NET PROFIT:  $524.42 (in 4 days!)

Success!

SELL PUT OPTIONS and GET PAID immediately!

Learn on your own for FREE by watching my VIDEOS or

Pay for 1-on-1 training (details here).

QQQ Credit Put Spread (wide vertical)

4/2/2015 (10:54:31 am, PT)  FP

- 4 May 2015  $102 puts at $1.27 (credit)
+ 4 May 2015  $85 puts at $0.05 (debit) (cheap "insurance")

• Net credit:  $1.22 x 4 x 100 =  $488
• Maintenance required:  $6800
• Prob. ITM for $102 put:  32%

Why did I place this trade?

• oversold region of stochastics (see chart)
• "triple bottom" (possible support?)

4/15/2015 (10:47:09 am, PT)

• buy to close the 4 short puts ($102 strike) at $0.39 (debit)
• leave open the 4 long puts ($85 strike) in case QQQ drops between 4/15 and May expiration

Why did I place this trade?

• overbought region of stochastics (see chart)
• TAKE PROFITS!

5/15/2015 (expiration)
QQQ closed at $109.58, so the 4 long puts ($85 strike) expired worthless (as expected)


NET PROFIT:  $322.68
ROC = 4.745% (in 13 days)

Success!

SELL PUT OPTIONS and GET PAID immediately!

Learn on your own for FREE by watching my VIDEOS or

Pay for 1-on-1 training (details here).

Spiders (SPY) April/June Put Options

3/27/2015 (9:00:24 am, PT)

sell (to open) 10 April 2015  $197 puts at $0.75 (credit)
83% probability of success


4/8/2015 (9:44:29 am, PT)
I ROLLED my April puts to June because I WANTED to, not because I had to

buy (to close) 10 April 2015  $197 puts at $0.07 (debit)
sell (to open) 10 June 2015  $199 puts at $2.84 (credit) (70% probability of success)
net credit:  $2.77


4/10/2015 (9:47:28 am, PT)

buy (to close) all 10 June 2015  $199 puts at $2.10 (debit)

NET PROFIT:  $1367.87  (in TWO weeks!!)

Success!!

SELL PUT OPTIONS and GET PAID up front!

Learn on your own for FREE by watching my VIDEOS or

Pay for 1-on-1 training (details here).

Spiders (SPY) May Put Options

3/24/2015 (9:00:05 am, PT)

sell (to open) 10 May 2015  $197 puts at $1.10 (credit)

Probability of success:  83%


4/10/2015 (10:00:50 am, PT)

buy (to close) all 10 puts at $0.59 (debit)

NET PROFIT:  $480.45

Success!

SELL PUT OPTIONS and GET PAID up front!

Learn on your own for FREE by watching my VIDEOS or

Pay for 1-on-1 training (details here).

Spiders (SPY) April Put Options

3/26/2015 (12:20:28 am, PT)

sold (to open) 1 April 2015  $200 put at $1.38 (credit)

Why did I place this trade?

• stochastics approaching oversold region (see chart)
• 73% probability of success

4/10/2015 (6:51:27 am, PT)

buy back put option at $0.05 (debit)


NET PROFIT:  $131.43  (in 2 weeks)

Success!

SELL PUT OPTIONS and GET PAID up front!

Learn on your own for FREE by watching my VIDEOS or

Pay for 1-on-1 training (details here).

Spiders (SPY) April Ratio Put Spread

2/25/2015 (11:26:46 am, PT) RD

+2 April 2015  $207 puts at $2.51 (debit)
-4 April 2015  $206 puts at $2.27 (credit)

net credit:  $2.03 x 2 x 100 =  $406
"max" profit:  $406 + ($207 - $206) (2)  =  $606
probability of expiring ITM ($206 put):  34%

Why did I place this trade?

• stochastics in overbought region

3/26/2015 (12:54:50 pm, PT)

sell (to close) the 2 long ($207) puts at $3.62 (credit)


4/9/2015 (1:10:01 pm, PT)

buy (to close) the 4 short ($206) puts at $0.52 (SPY was around $208 at the time)

NET PROFIT:  $888.80

Success!

SELL PUT OPTIONS and GET PAID up front!

Learn on your own for FREE (watch my videos) or

Pay for 1-on-1 training (details here).

Spiders (SPY) April Put Options

3/13/2015 (12:20:26 pm, PT) RD

sell (to open) 2 April 2015  $194 puts at $1.19 (credit)

Why did I place this trade?

• stochastics in oversold region
• 81% probability of success

4/9/2015 (10:14:09 am, PT)

buy (to close) both puts at $0.03 (debit)

Why did I close my position?
TAKE PROFITS!

NET PROFIT:  $222.43

Success!

SELL PUT OPTIONS and GET PAID up front!

Learn on your own for FREE (watch my videos) or

Pay for 1-on-1 training (details here).

QQQ April Put Options

3/13/2015 (10:27:41 am, PT)

sell (to open) 1 April 2015  $101 put at $1.06 (credit)

Why did I place this trade?

• 72% probability of success
• stochastics in oversold region (see chart)
• price touching 50 EMA (possible support)  (see chart)

4/9/2015 (12:53:11 pm, PT)

buy (to close) my put at $0.03 (debit)

Why did I close my position?
TAKE PROFITS!

NET PROFIT:  $95.18

Success!

SELL PUT OPTIONS and GET PAID up front!

Learn on your own for FREE (watch my videos) or

Pay for 1-on-1 training (details here).

PepsiCo (PEP) April Put Options

3/10/2015 (10:58:53 am, PT)

sell (to open) 1 April 2015  $92.50 put at $1.37 (credit)

Why did I place this trade?

• stochastics in oversold region
• high implied volatility
• 63% probability of success

4/8/2015 (10:46:05 am, PT)

buy (to close) put at $0.11 (debit)

Why did I close my trade?

• stochastics in overbought region
• TAKE PROFITS

NET PROFIT:  $122.93

Success!

SELL PUT OPTIONS and GET PAID immediately.

Learn on your own for FREE (watch my videos) or

Pay for 1-on-1 training (details here).

Spiders (SPY) April Put Options

3/27/2015 (9:00:24 am, PT)

sell (to open) 10 April 2015  $197 puts @ $0.75 (credit)

probability of success:  83%


4/8/2015 (9:44:29 am, PT)

buy (to close) all 10 puts at $0.07 (debit)


NET PROFIT:  $650.47  (in 8 trading days)

Success!

SELL PUT OPTIONS and GET PAID immediately!

Learn on your own for FREE (watch my videos) or

Pay for 1-on-1 training (details here)

Diamonds (DIA) April Ratio Put Spread

2/19/2015 (11:26:53 am, PT) FP

+2 April 2015  $178 puts at $3.32 (debit)
-4 April 2015  $174 puts at $2.24 (credit)

max credit:  $1.16 x 2 x 100 =  $232
"max" profit:  $232 + ($178 - $174) (2) (100) =  $1032

Why did I place this trade?

• stochastics in overbought region

4/2/2015 (12:35:15 pm, PT)

sell (to close) the 2 long puts ($178) at $2.29
buy (to close) the 4 short puts ($174) at $0.95
(net debit of $0.39)

Why did I close this trade?

• the net profit was higher than the original "credit" of $232
• I had a "feeling" DIA would not close below $174 on expiration Friday 
• TAKE PROFITS!

NET PROFIT:  $300.65

Success!

SELL PUT OPTIONS and GET PAID up front!

Learn on your own for FREE (watch my videos) or

Pay for 1-on-1 training (details here).

Lockheed Martin (LMT) April Put Options

3/12/2015 (9:52:39 am, PT)

sell (to open) 2 April 2015  $190 puts at $1.76

Why did I place this trade?

• stochastics in oversold region
• high implied volatility
• 74% probability of success

3/30/2015 (6:39:48 am, PT)

buy (to close) both puts at $0.30

Why did I close this trade?

• TAKE PROFITS!

NET PROFIT:  $285.89  (in 13 trading days)

Success!

SELL PUT OPTIONS and GET PAID immediately.

Learn on your own for FREE (watch my videos) or

Pay for 1-on-1 training (details here).

Gold ETF (GLD) Put Options

2/17/2015 (10:03:07 am, PT)

sold (to open) 2 March 13 2015  $114 puts at $1.35 (credit)


Reasons for placing this trade:

• 63% probability of success
• oversold region of stochastics (see chart)
• I selected a "weekly" option so it could expire (hopefully) before the FOMC meeting on 3/18/2015

3/10/2015 (9:40:47 am, PT)

GLD was trading around $111, so my puts were in-the-money. (see chart)
With only 4 days left until expiration, I decided to ROLL my puts to April 2015 to avoid assignment.

Here's the roll:

• buy (to close) 2 March 13 2015  $114 puts at $2.75
• sell (to open) 2 April 2015 $114 puts at $3.97

net credit:  $1.22

If I had simply closed my ITM short puts on 3/10, it would have cost me $2.75.
Since my initial credit was $1.35, buying (to close) at $2.75 would have resulted in a loss of $280.
I don't like to lose money, so I ROLLED my puts to April and received another credit of $1.22.


3/27/2015 (11:29:57 am, PT)

buy (to close) both puts at $1.03 (debit)

GLD was back up to $115, so my April puts were finally out-of-the-money again.
I decided to buy (to close) my puts and TAKE MY PROFITS in case GLD dropped again.

On 3/27, GLD was in the overbought region of the stochastics and reversing back down from the 50 EMA (see chart).

TOTAL NET PROFIT:  $295.77

Success!

SELL PUT OPTIONS and GET PAID up front!

Learn on your own for FREE (watch my videos) or

Pay for 1-on-1 training (details here).