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Friday, July 17, 2015

Spiders (SPY) July Jade Lizard

5/11/2015 (10:44:40 am, PT)

buy  +4 July 2015  $216 calls at $1.78
sell  -4 July 2015  $215 calls at $2.20  (32% probability ITM)
sell  -4 July 2015  $205 puts at $3.03  (35% probability ITM)

Why did I place this trade?
  • stochastics in "overbought" region
  • high probability of success
  • no matter where SPY lands at expiration,  this trade will still be profitable

Analysis:
  • If SPY closes between $205 and $215 (ideal outcome), profit will be $1380
  • If SPY closes above $216, profit will be $980


7/6/2015 (6:30:02 am, PT)

buy back the 4 short calls ($215 strike) at $0.04 to remove the risk


7/17/2015 (expiration)

SPY closed at $212.47 (ideal!), so short puts and long calls expired "worthless"

NET PROFIT:  $1347.51


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) Put Options

6/9/2015 (12:06:16 pm, PT)

sell  -3 July 2015  $203 puts at $2.18

Why did I place this trade?
  • stochastics in "oversold" region
  • probability of success:  68%

7/17/2015 (expiration)

SPY closed at $212.47, so puts expired "worthless"

NET PROFIT:  $649.39

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) July Ratio Put Spread

5/22/2015 (10:35:02 am, PT)  RD

buy  +6 July 2015  $210 puts at $2.96
sell  -12 July 2015  $209 puts at $2.67 (37% probability ITM)

  • net credit:  $2.38 x 6 x 100 =  $1428
  • max potential profit:  $2028
  • stochastics in "overbought" region

7/16/2015 (6:48:36 am, PT)  stoch top

buy back 6 July $209 puts at $0.05 to remove the risk
leave open July 209/210 debit put spread for potential profit on 7/17 (expiration)


7/17/2015 (expiration)

SPY closed above $212 so debit put spread expired worthless

NET PROFIT:  $1370.27

Success!



Learn to trade PUT OPTIONS.  It's easy, fun and profitable.
Learn on your own for FREE (watch MY VIDEOS) or
Pay for 1-on-1 training (details HERE).

XLI July Put Options

6/8/2015 (12:56:39 pm, PT)  RD

sell  -1 July 2015  $55 put at $0.99


7/17/2015 (10:35:38 am, PT)  expiration Friday

buy back put at $0.18 to remove the risk of assignment
(XLI was trading at $54.84 with no extrinsic value remaining)

Note:  XLI hit a low of $53.35 on July 8 (eek!)

NET PROFIT:  $77.92

Success!



SELL PUT OPTIONS and GET PAID up front!
Learn on your own for FREE (watch my videos HERE) or
Pay for 1-on-1 training (details HERE).


Wednesday, July 15, 2015

Spiders (SPY) July Ratio Put Spread

5/11/2015 (12:49:58 pm, PT)  FP

Ratio Put Spread (stochastics rising)

buy  +4 July 2015  $202 puts at $2.56
sell  -8 July 2015  $201 puts at $2.355 (28% probability ITM)

net credit received:  $2.15 x 4 x 100 =  $860
max potential profit:  $1260


7/14/2015

buy back 4 July 2015  $201 puts at $0.04 to remove the risk
let debit put spread expire on 7/17

NET PROFIT:  $826.68


Success!




Learn to trade PUT OPTIONS.  It's easy, fun and profitable.
Learn on your own for FREE by watching MY VIDEOS HERE or
Pay for one-on-one training (details HERE).


Spiders (SPY) June/July Put Options

4/14/2015 (12:21:06 pm, PT)  FP

sell  -3 June 2015  $195 puts at $1.56

net credit:  $1.56


5/22/2015 (11:40:55 am, PT)  ROLL TO JULY (to save on commissions)

buy to close  +3 June 2015  $195 puts at $0.20
sell to open  -3 July 2015  $202 puts at $1.36

net credit:  $1.16


7/14/2015 (6:51:34 am, PT)

buy to close +3 July  $202 puts at $0.05 to remove the risk

NET PROFIT:  $778.06

Success!




Learn to trade PUT OPTIONS.  It's easy, fun and profitable.
Learn on your own for FREE by watching MY VIDEOS HERE or
Pay for one-on-one training (details HERE).
 
 

Spiders (SPY) July Ratio Put Spread

5/11/2015 (12:58:49 pm, PT)  RD

Ratio Put Spread (stochastics in "overbought" region)

buy  +3 July 2015  $204 puts at $3.02
sell  -6 July 2015  $203 puts at $2.785  (32% probability ITM)

Net credit received:  $2.55 x 3 x 100 =  $765
Max potential profit:  $1065


7/14/2015 (12:35:53 pm, PT)

buy back 3 July 2015  $203 puts at $0.05 to remove the risk
let remaining debit put spread expire on 7/17

NET PROFIT:  $736.20

Success!



Learn to trade PUT OPTIONS.  It's easy, fun and profitable.
Learn on your own for FREE by watching MY VIDEOS HERE or
Pay for one-on-one training (details HERE).
 
 

Spiders (SPY) July Put Options

6/8/2015 (10:29:01 am, PT)  RD

sell  -2 July 2015  $203 puts at $2.29


7/15/2015 (7:06:48 am, PT)

buy back all puts at $0.04 to remove the risk

NET PROFIT:  $448.43

Success!





Learn to trade PUT OPTIONS.  It's easy, fun and profitable.
Learn on your own for FREE by watching MY VIDEOS HERE or
Pay for one-on-one training (details HERE).
 
 

Tuesday, July 14, 2015

Spiders (SPY) July Put Options

5/29/2015 (12:59:38 pm, PT)  RD

sell  -2 July 2015  $203 puts at $1.84

probability of success:  84%


7/14/2015 (7:55:13 am, PT)

buy back all puts at $0.05 to remove the risk

NET PROFIT:  $348.48

Success!





Learn to trade PUT OPTIONS.  It's easy, fun and profitable.
Learn on your own for FREE by watching MY VIDEOS HERE or
Pay for one-on-one training (details HERE).

Monday, July 13, 2015

SPY August Put Options

6/30/2015 (9:21:05 am, PT)

sell (to open)  -10 August 2015  $185 puts at $1.07

Why did I place this trade?
  • stochastics in "oversold" region
  • implied volatility was high
  • probability of success =  87%


7/13/2015 (10:05:38 am, PT)

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

Why did I place this trade?
TAKE PROFITS!!!

NET PROFIT:  $767.43 in 2 weeks


Success!




Learn to trade PUT OPTIONS.  It's easy, fun and profitable!
Learn on your own for FREE by watching MY VIDEOS or
Pay for one-on-one training (details HERE).

SPY Credit Put Spread

5/20/2015 (12:15:17 pm, PT)  stochastics top

sell  -10 July 2015  $195 puts at $0.82  (12% probability ITM)
buy  +10 July 2015  $185 puts at $0.36 (5.43% probability ITM)

Net credit:  $460


7/13/2015 (6:30:02 am, PT)

  • buy to close the July $195 puts at $0.03 to remove the risk
  • let the July $185 puts expire on 7/17/2015

NET PROFIT:  $399.16


Success!



Learn to trade PUT OPTIONS.  It's easy, fun and profitable!
Learn on your own for FREE by watching MY VIDEOS or
Pay for one-on-one training (details HERE).

Monday, June 22, 2015

Spiders (SPY) July 2015 Put Options

5/28/2015 (10:17:15 am, PT)  stoch top

sell (to open)  -10 July 2015  $198 puts at $1.11

probability of success:  84%


6/22/2015 (10:09:49 am, PT)  stoch top

buy (to close) all  +10 puts at $0.31

NET PROFIT:  $784.43


Success!


SELL PUT OPTIONS and GET PAID up front!
Learn on your own for FREE (free lessons HERE) or
Pay for 1-on-1 training (DETAILS HERE).

Spiders (SPY) July Put Options

6/9/2015 (10:41:20 am, PT)  low stoch

sell (to open)  -10 July 2015  $197 puts at $1.03

probability of success:  83%


6/22/2015 (10:09:09 am, PT)  high stoch

buy (to close) all  +10 puts at $0.27

NET PROFIT:  $744.43 


Success!




SELL PUT OPTIONS and GET PAID up front!
Learn on your own for FREE (free lessons HERE) or
Pay for 1-on-1 training (DETAILS HERE).

Friday, June 19, 2015

Spiders (SPY) June Ratio Put Spread

4/14/2015 (12:40:24 pm, PT)  RD  

Ratio put spread

buy  +2 June 2015  $206 puts at $3.830
sell  -4 June 2015  $205 puts at $3.525

Why did I place this trade?
  • stochastics were in the overbought region
  • credit received:  $644
  • maximum potential profit:  $844


6/17/2015 (10:26:12 am, PT)  

Bought back 2 short puts ($205 strike) at $0.34 to remove the risk.
FOMC was scheduled to make their announcement at 11 am, PT.


6/19/2015 (expiration)

SPY closed above $210, so debit put spread expired "worthless."

NET PROFIT:  $563.27

Success!





SELL PUT SPREADS and GET PAID up front!
Learn on your own for FREE by watching my YOU TUBE VIDEOS HERE or
Pay for 1-on-1 training (DETAILS HERE).

Spiders (SPY) June Ratio Put Spread

4/29/2015 (11:00:20 am, PT) FP

Ratio Put Spread

buy  +2 June 2015  $203 puts at $2.20
sell  -4 June 2015  $202 puts at $1.965   <---- 26="" br="" itm="" probability="">

Why did I place this trade?
  • stochastics were in the "overbought" region (see chart)
  • FOMC announcement just happened (11 am, PT)

Credit received:  $346
Maximum potential profit:  $546


6/17/2015 (10:09:23 am, PT)

I bought back the 2 short puts ($202 strike) at $0.11 to remove the risk.  
The FOMC was scheduled to make an announcement at 11 am, PT.


6/19/2015 (expiration)
SPY closed above $210, so the debit put spread expired "worthless."

NET PROFIT:  $301.85


Success!






SELL PUT SPREADS and GET PAID up front!
Learn on your own for FREE by watching my YOU TUBE VIDEOS HERE or
Pay for 1-on-1 training (DETAILS HERE).

QQQ June Put Options

5/11/2015 (11:54:13 am, PT)  low stoch

 sold  -1 June 2015  $106 put at $1.30

probability of success:  66%


6/19/2015 (expiration)

QQQ closed above $109, so put expired "worthless"

NET PROFIT:  $128.46


Success!




SELL PUTS and GET PAID up front!
Learn on your own for FREE by watching my YOU TUBE VIDEOS HERE or
Pay for 1-on-1 training (DETAILS HERE).

Gold (GLD) ETF June Put Options

4/24/2015 (11:35:13 am, PT)  low stoch

Ratio spread

buy  +1  June 2015  $110 put at $1.55
sell  -2  June 2015  $109 puts at $1.27   <---- 30="" br="" itm="" nbsp="" probability="">



6/15/2015 (6:59:36 am)

buy to close  +1 June $109 put at $0.04 to remove the risk


6/19/2015 (expiration)

GLD closed above $115, so debit put spread expired "worthless"

NET GAIN:  $90.37

Success!




 SELL PUT SPREADS 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).

Thursday, June 18, 2015

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).

Wednesday, June 17, 2015

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).