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Thursday, October 5, 2017

SPX Put Option

Mon. 10/2/2017 (9:03:37 am, PT) RD

sold short -1 Oct 31, 2017  2450 put at $6.20
  • probability of success:  84%
  • max profit:  $620

Thu. 10/5/2017 (11:58:42 am, PT)

bought back put at $3.40

PROFIT:  $280


SUCCESS!


Image result for disney gif



Learn to SELL put options!  


Wednesday, October 4, 2017

SPX put options

Wed. 10/4/2017 (8:23:53 am, PT)

sold short -3 Nov 1, 2017  2445 puts at $5.10

probability ITM:  13%


Wed. 10/4/2017 (1:14:08 pm, PT)

bought back puts at $4.40

PROFIT:  $210




Disney (DIS) Put Options

Wed. 8/9/2017 (9:31:48 am, PT) RD

sold short -1 October 20, 2017  $100 put at $1.70

Reasons for placing this trade:
  • stock down over 4% post-earnings
  • stock was "oversold" (stochastics at the bottom)
  • 62% probability of success
  • 72 days 'til expiration (DTE)
  • nice premium
Comments:
  • On 9/7/2017, the stock hit a low of $96.20 (my short put went in-the-money) 😨
  • On 9/8/2017, my trade had a "paper loss" of $230  😨
Question:


Mon. 10/2/2017 (9:55:01 am, PT)

bought back put option at $1.15

PROFIT:  $55

How did I turn a losing trade into a winner? 😀





Thursday, August 31, 2017

SPX Put Options

Monday, 8/28/2017 (9:31:35 am, PT)  FP

sold short -2 September 29, 2017  2300 puts at $5.60

probability of success:  89.20%


Thursday, 8/31/2017 (7:16:59 am, PT)

bought back puts at $2.95

PROFIT:  $530 (in 4 days)

SUCCESS!





Learn to SELL put options!



Industrial Select Sector SPDR ETF (XLI) Put Options

Thursday, 8/3/2017 (12:16:42 pm, PT)

sold short -2 September 15, 2017  $67 puts at $0.51

probability of success:  70%


Thursday, 8/31/2017 (7:26:28 am, PT)

bought back puts at $0.24

PROFIT:  $27

SUCCESS!





Learn to SELL put options!

Wednesday, July 19, 2017

Procter Gamble (PG) Put Options

Thursday, 7/6/2017 (12:30 pm, PT) RD

sold short -1 August 18, 2017  $85 put at $0.95 ($95 credit)

Why did I place this trade?
  • 68% probability of success
  • stochastics in "oversold" region
  • 43 days 'til expiration (DTE)


Wednesday, 7/19/2017 (9:48 pm, PT)

bought back put option at $0.44 ($44 debit)

PROFIT:  $51


SUCCESS!





To learn more about SELLING PUT OPTIONS, watch


Friday, June 23, 2017

QQQ Put Options

Tue. 6/20/2017 (12:59:57 pm, PT)

sold short -2 Aug 18, 2017  $134 puts at $1.57

probability of success:  71%


Fri. 6/23/2017 (10:39:40 pm, PT)

bought back puts at $1.05

PROFIT:  $104 (in 3 days)


SUCCESS!




Monday, June 19, 2017

Spiders (SPY) Put Options

Tue. 6/6/2017 (12:49:56 pm, PT)

sold short -1 July 7, 2017  $236 put option at $0.92

probability of success:  80% (high)


Mon. 6/19/2017 (6:38:24 am, PT)

bought back put option at $0.30

PROFIT:  $62

SUCCESS!


Wednesday, June 14, 2017

Gold (GLD) Call Options

Thu. 5/25/2017 (9:01:47 am, PT)

sold short -2 July 21, 2017  $122 calls at $1.15

  • probability of success:  67%
  • stochastics:  overbought


Wed. 6/14/2017 (12:44:55 pm, PT)

bought back calls at $0.82

PROFIT:  $66

Comment:  This had been a difficult trade, so I decided to close it, take my profits and move on to the next trade.




Monday, June 5, 2017

SPX Put Option

Friday, 5/26/2017 (10:51:50 am, PT) FP

sold short -1 July 5, 2017  2350 put at $10.40

  • credit received:  $1040
  • probability of success:  78%
  • 40 days 'til expiration


Monday, 6/5/2017 (7:42:52 am, PT)

buy to close put at $5.10

PROFIT:  $530 

Why did I close the trade?
Answer:  I got 51% of max profit in just 10 days

SUCCESS!



Friday, May 12, 2017

SPX index options

Fri. 5/12/2017 (10:20:25 am, PT)

sold short -2 June 7, 2017  2330 puts at $7.40

probability of success:  80%


Fri. 5/12/2017 (12:40:22 pm, PT)

bought back puts at $6.80

PROFIT:  $120 (in 2 hours and 20 minutes)

SUCCESS!


Thursday, May 11, 2017

SPX index options

Thu. 5/11/2017 (8:40:02 am, PT)

sold short -2 May 31, 2017  2335 puts at $6.50

probability of success:  80%


Thu. 5/11/2017 (10:51:49 am, PT)

bought back puts at $5.40

PROFIT:  $220 (in 2 hours!)

SUCCESS!


Monday, April 24, 2017

SPX put option

Wednesday, 4/19/2017 (9:14:21 am, PT)

sold -1 May 5, 2017  2285 put at $7.50

  • credit received:  $750
  • probability of success:  80%


Monday, 4/24/2017 (6:52:38 am, PT)

bought back put at $2.20

PROFIT:  $530

SUCCESS!



SPX put option

Tuesday, 4/18/2017 (9:59:35 am, PT)

sold -1 April 24, 2017  2285 put at $5.30

  • credit received:  $530
  • probability of success:  82.40%


Comment: The "implied volatility" was very high on 4/18.  That's why I was able to collect $5.30 for a one-week option with a 82.40% probability of expiring OTM.  That was pretty amazing.

So .... the next time you see opportunities like this, jump in and sell some OTM put options.

"How do I sell put options?" you might ask.
Watch my FREE videos HERE.


Monday, 4/24/2017 (6:37:37 am, PT)

bought back put at $0.05

Comment:  I decided to go ahead and buy back my put for 5 cents just to be safe.

PROFIT:  $525 (in 5 trading days)

SUCCESS!


SPX put options

Friday, 4/21/2017 (12:58:06 pm, PT)

sold -2 April 24, 2017  2280 puts at $2.55
  • credit received: $510
  • probability of success: 90% (very, very high)

Comment: The put premiums were EXTREMELY high on 4/21 due to the elevated "implied volatility."  Normally, a ONE-DAY option with a 90% probability of expiring OTM would not be trading at $2.55!  It was amazing!

So ... the next time you see an opportunity like this, jump in and SELL some OTM put options!

"How do I sell OTM put options?" you might ask.

Watch my FREE videos HERE!


Monday, 4/24/2017 (6:39:29 am, PT)

bought back puts at $0.05

Comment:  Even though 4/24 was Expiration Monday, I chose to buy back my short puts at 5 cents just to be safe.

PROFIT:  $500 (in 2 trading days)

SUCCESS!


SPX put option

Fri. 3/31/2017 (9:54:50 am, PT) FP

sold -1 May 12, 2017  2280 put at $11.90

  • credit received:  $1190
  • probability of success:  80%


Mon. 4/24/2017 (6:55:16 am, PT)

buy back put at $4.20

PROFIT:  $770

SUCCESS!


SPX put option

Fri. 4/7/2017 (12:38:03 pm, PT) FP

sold -1 May 12, 2017  2235 put at $8.50

  • credit received:  $850
  • probability of success:  85.16%


Mon. 4/24/2017 (6:52:27 am, PT)

buy back put at $2.35

PROFIT:  $615

SUCCESS! 



SPX put option

Wed. 4/5/2017 (11:35 am, PT) FP

sold -1  May 12, 2017  2240 put at $6.10

  • credit received:  $610
  • probability of success:  88%

Mon. 4/24/2017 (6:52:45 am, PT)

buy back put at $2.50 (debit)

PROFIT:  $360 

SUCCESS!


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

SUCCESS!

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:
  • 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