sell short -10 March 17, 2017 $230 puts at $0.85
probability of success: 79%
Wed. 3/1/2017 (11:05:11 am, PT)
buy back puts at $0.30
PROFIT: $550
SUCCESS!
Comment: President Donald Trump gave speech to Congress the previous evening
Wednesday, March 1, 2017
Spiders (SPY) Put Options
Thu. 2/23/2017 (10:35:44 am, PT)
sell short -10 March 17, 2017 $230 puts at $0.85
probability of success: 79%
Wed. 3/1/2017 (11:05:11 am, PT)
buy back puts at $0.30
PROFIT: $550
Comment: President Donald Trump gave speech to Congress the previous evening
sell short -10 March 17, 2017 $230 puts at $0.85
probability of success: 79%
Wed. 3/1/2017 (11:05:11 am, PT)
buy back puts at $0.30
PROFIT: $550
Comment: President Donald Trump gave speech to Congress the previous evening
SPX Index Put Options
Fri. 2/24/2017 (9:59:18 am, PT)
sell short -1 April 7, 2017 2260 put at $9.80
Comments:
Wed. 3/1/2017 (9:04:14 am, PT)
buy back put at $5.40
PROFIT: $440
Comments:
sell short -1 April 7, 2017 2260 put at $9.80
Comments:
- probability of success: 82.30%
- credit received: $980
Wed. 3/1/2017 (9:04:14 am, PT)
buy back put at $5.40
PROFIT: $440
SUCCESS!
Comments:
- President Donald Trump gave speech to Congress the previous evening
SPX Index Put Options
Thu. 2/23/2017 (12:57:08 pm, PT) FP
sell short -1 April 7, 2017 2260 put at $9.80
Comments:
Wed. 3/1/2017 (8:06:23 am, PT)
buy back put at $5.80
PROFIT: $400
Comment:
sell short -1 April 7, 2017 2260 put at $9.80
Comments:
- credit received: $980
- probability of success: 82%
Wed. 3/1/2017 (8:06:23 am, PT)
buy back put at $5.80
PROFIT: $400
Comment:
- President Donald Trump gave his speech to Congress the previous evening
SUCCESS!
Spiders (SPY) Put Options
Wed. 2/22/2017 (1:06:20 pm, PT) RD
sell short -10 March 31, 2017 $228 puts at $1.03
Comments:
Wed. 3/1/2017 (7:51:35 am, PT)
buy back puts at $0.59
Comments:
PROFIT: $440
sell short -10 March 31, 2017 $228 puts at $1.03
Comments:
- probability of success: 80%
- FOMC minutes released at 11 am, 2/22/2017
Wed. 3/1/2017 (7:51:35 am, PT)
buy back puts at $0.59
Comments:
- President Donald Trump gave speech to Congress the previous night
PROFIT: $440
SUCCESS!
Spiders (SPY) Put Options
Wed. 2/22/2017 (11:18:29 am, PT)
sell short -10 March 10, 2017 $233.50 puts at $0.84
probability of success: 71%
Wed. 3/1/2017 (6:30:09 am, PT)
buy back puts at $0.26
PROFIT: $580
Comment: President Donald Trump gave speech to Congress the previous evening
sell short -10 March 10, 2017 $233.50 puts at $0.84
probability of success: 71%
Wed. 3/1/2017 (6:30:09 am, PT)
buy back puts at $0.26
PROFIT: $580
SUCCESS!
Comment: President Donald Trump gave speech to Congress the previous evening
Wednesday, February 22, 2017
Spiders (SPY) Put Options
Wed. 2/15/2017 (9:12:16 am, PT) FP
sell short -10 March 31, 2017 $225 puts at $1.03
probability of success: 80%
Wed. 2/22/2017 (10:51:30 am, PT)
buy back puts at $0.70
PROFIT: $330
sell short -10 March 31, 2017 $225 puts at $1.03
probability of success: 80%
Wed. 2/22/2017 (10:51:30 am, PT)
buy back puts at $0.70
PROFIT: $330
SUCCESS!
Spiders (SPY) Put Options
Thu. 2/16/2017 (10:39:09 am, PT) FP
sell short -10 March 31, 2017 $223 puts at $0.91
probability of success: 83.50%
Wed. 2/22/2017 (10:51:52 am, PT)
buy back puts at $0.57
PROFITS: $340
sell short -10 March 31, 2017 $223 puts at $0.91
probability of success: 83.50%
Wed. 2/22/2017 (10:51:52 am, PT)
buy back puts at $0.57
PROFITS: $340
SUCCESS!
Spiders (SPY) Put Options
Fri. 2/17/2017 (8:53:09 am, PT) FP
sell short -10 March 24, 2017 $226 puts at $0.96
probability of success: 80%
Wed. 2/22/2017 (10:39:29 am, PT)
buy back puts at $0.58
PROFIT: $380
sell short -10 March 24, 2017 $226 puts at $0.96
probability of success: 80%
Wed. 2/22/2017 (10:39:29 am, PT)
buy back puts at $0.58
PROFIT: $380
SUCCESS!
Tuesday, February 14, 2017
Spiders (SPY) Put Options
Mon. 2/13/2017 (9:01:59 am, PT) RD
sell short -10 March 17, 2017 $226 puts at $1.09
probability of success: 77%
Tue. 2/14/2017 (9:57:30 am, PT)
buy back puts at $0.86
PROFIT: $230
sell short -10 March 17, 2017 $226 puts at $1.09
probability of success: 77%
Tue. 2/14/2017 (9:57:30 am, PT)
buy back puts at $0.86
PROFIT: $230
SUCCESS!
Thursday, February 9, 2017
Spiders (SPY) Put Options
Tue. 2/7/2017 (11:32:59 am, PT) FP
sell short -10 March 17, 2017 $220 puts at $1.04
probability of success: 80%
Thu. 2/9/2017 (11:39:12 am, PT)
buy back puts at $0.71
PROFIT: $330
sell short -10 March 17, 2017 $220 puts at $1.04
probability of success: 80%
Thu. 2/9/2017 (11:39:12 am, PT)
buy back puts at $0.71
PROFIT: $330
SUCCESS!
Spiders (SPY) Put Options
Mon. 2/6/2017 (11:32:03 am, PT) FP
sell short -10 March 24, 2017 $220 puts at $1.33
probability of success: 77.36%
Thu. 2/9/2017 (11:39:46)
buy back puts at $0.91
PROFIT: $420
sell short -10 March 24, 2017 $220 puts at $1.33
probability of success: 77.36%
Thu. 2/9/2017 (11:39:46)
buy back puts at $0.91
PROFIT: $420
SUCCESS!
Friday, February 3, 2017
Spiders (SPY) Put Options
Thu. 1/26/2017 (9:44:05 am, PT)
sell short − 10 Feb 17, 2017 $225.50 puts at $0.89
Fri. 2/3/2017 (11:48:45 am, PT)
buy to close puts at $0.47
PROFIT: $420 (in ONE week)
sell short − 10 Feb 17, 2017 $225.50 puts at $0.89
- credit received: $890
- probability of success: 73.18%
Fri. 2/3/2017 (11:48:45 am, PT)
buy to close puts at $0.47
PROFIT: $420 (in ONE week)
SUCCESS!
Spiders (SPY) Put Options
Wed. 2/1/2017 (10:28:01 am, PT) FP
sell short -10 March 17, 2017 $217 puts at $1.11
probability of success: 81%
Fri. 2/3/2017 (10:21:28 am, PT)
buy back puts at $0.76
PROFIT: $350
sell short -10 March 17, 2017 $217 puts at $1.11
probability of success: 81%
Fri. 2/3/2017 (10:21:28 am, PT)
buy back puts at $0.76
PROFIT: $350
SUCCESS!
Spiders (SPY) Put Options
Wed. 1/25/2017 (7:53:20 am, PT)
sell short − 10 Feb 10, 2017 $225 puts at $0.55
Fri. 2/3/2017 (11:48:45 am, PT)
buy to close puts at $0.15
PROFIT: $400
sell short − 10 Feb 10, 2017 $225 puts at $0.55
- credit received: $550
- probability of success: 80%
Fri. 2/3/2017 (11:48:45 am, PT)
buy to close puts at $0.15
PROFIT: $400
SUCCESS!
Spiders (SPY) Put Options
Wed. 2/1/2017 (10:10:47 am, PT)
sell short −10 Feb 3, 2017 $226.50 puts at $0.36
Fri. 2/3/2017 (8:12:16 am, PT) ← Expiration Friday
buy back puts at $0.01
Comment: Even though my put options were $3 out-of-the-money on Expiration Friday, I decided to go ahead and spend 1 cent ($10 for 10 contracts) to buy back my puts to avoid any last-minute disasters.
PROFIT: $350 in 2 days!
sell short −10 Feb 3, 2017 $226.50 puts at $0.36
- credit received: $360
- probability of success: 70%
Fri. 2/3/2017 (8:12:16 am, PT) ← Expiration Friday
buy back puts at $0.01
Comment: Even though my put options were $3 out-of-the-money on Expiration Friday, I decided to go ahead and spend 1 cent ($10 for 10 contracts) to buy back my puts to avoid any last-minute disasters.
PROFIT: $350 in 2 days!
SUCCESS!
Wednesday, January 25, 2017
Spiders (SPY) Credit Diagonal Spread
Wed. 1/18/2017 (10:24:47 am, PT)
sell short −2 Feb 17, 2017 $220 puts at $1.08
Comments:
Wed. 1/25/2017 (6:30:03 am, PT)
buy back both puts at $0.42 (50% of max)
PROFIT: $132 (in one week)
Return on capital: 0.80% in one week 😀
(that's 41.60% annualized)
sell short −2 Feb 17, 2017 $220 puts at $1.08
Comments:
- credit (cash) received: $216
- probability of success: 77%
- 2 long wings (to reduce capital requirements): April 21, 2017 $140 puts
- buying power effect: ($16,000)
Wed. 1/25/2017 (6:30:03 am, PT)
buy back both puts at $0.42 (50% of max)
PROFIT: $132 (in one week)
Return on capital: 0.80% in one week 😀
(that's 41.60% annualized)
SUCCESS!
Tuesday, January 24, 2017
Spiders (SPY) Credit Diagonal Spread
Mon. 1/9/2017 (9:13:40 am, PT)
sell short −4 Feb 10, 2017 $223 puts at $1.45
Comments:
Tue. 1/24/2017 (9:13:52 am, PT)
buy back puts at $0.68 (50% of max)
PROFIT: $308 (in 2 weeks) 😀
sell short −4 Feb 10, 2017 $223 puts at $1.45
Comments:
- credit (cash) received: $580
- long wings: +4 Apr 21, 2017 $140 puts (to reduce capital requirements)
- buying power effect: ($33,200)
Tue. 1/24/2017 (9:13:52 am, PT)
buy back puts at $0.68 (50% of max)
PROFIT: $308 (in 2 weeks) 😀
SUCCESS!
Wednesday, January 11, 2017
Spiders (SPY) Put Options
Mon. 1/9/2017 (9:16:07 am, PT)
sell short −10 Jan 20, 2017 $224 puts at $0.55
probability of success: 70%
Wed. 1/11/2017 (12:57:31 pm, PT)
buy back puts at $0.35
PROFIT: $200
sell short −10 Jan 20, 2017 $224 puts at $0.55
probability of success: 70%
Wed. 1/11/2017 (12:57:31 pm, PT)
buy back puts at $0.35
PROFIT: $200
SUCCESS!
Russell 2000 ETF (IWM) Put Options
Thu. 1/5/2017 (10:44:59 am, PT)
sell short −2 Feb 17, 2017 $134 puts at $2.38
probability of success: 58.48%
Comment:
These short puts are almost at-the-money, so it's important to close them as soon as I have a nice profit (this is, of course, subjective).
Wed. 1/11/2017 (12:52:18 pm, PT)
buy back puts at $1.84
PROFIT: $108
Comment:
On 1/19/2017, these short puts went in-the-money and it would have cost $2.62 to buy them back.
sell short −2 Feb 17, 2017 $134 puts at $2.38
probability of success: 58.48%
Comment:
These short puts are almost at-the-money, so it's important to close them as soon as I have a nice profit (this is, of course, subjective).
Wed. 1/11/2017 (12:52:18 pm, PT)
buy back puts at $1.84
PROFIT: $108
Comment:
On 1/19/2017, these short puts went in-the-money and it would have cost $2.62 to buy them back.
SUCCESS!
Tuesday, January 10, 2017
SPDR Industrials ETF (XLI) Put Options
Thu. 12/29/2016 (11:02:19 am, PT)
sell short −2 Feb 17. 2017 $62 puts at $1.10
probability of success: 53.51%
Tue. 1/10/2017 (8:40:02 am, PT)
buy back puts at $0.68
PROFIT: $84
sell short −2 Feb 17. 2017 $62 puts at $1.10
probability of success: 53.51%
Tue. 1/10/2017 (8:40:02 am, PT)
buy back puts at $0.68
PROFIT: $84
SUCCESS!
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