Wed. 5/2/2018 (10:20:03 am, PT)
buy +1 May 2, 2018 2685 call at $0.12
sell -1 May 2, 2018 2665 call at $1.37
- stochastics: overbought
- FOMC conference call at 11 am (PT)
- expiration: 1 pm (PT)
- net credit (max profit): $1.25 x 1 x 100 = $125
- delta of short call (2665): 19
- margin: $2000
Wed. 5/2/2018 (12:03:50 pm, PT)
- buy back short call (2665) at $0.05
- let long call (2685) expire
PROFIT: $120
Learn to SELL call options here
Monday, 4/9/2018 (9:30:02 am, PT)
sell -2 April 13, 2018 1455 puts at $0.95
probability of success: 95%
Tuesday, 4/10/2018 (11:53 am, PT)
buy back puts at $0.50
PROFIT: $90
Fri. 4/13/2018 (9:22:31 am, PT)
sell -1 April 13, 2018 2670 call at $3.00 (33 delta)
sell -1 April 13, 2018 2650 put at $2.20 (21 delta)
net credit (max profit): $5.20 x 1 x 100 = $520
expiration: 1 pm (PT)
Fri. 4/13/2018 (12:11:36 pm, PT)
buy back call at $0.05
Fri. 4/13/2018 (12:58:56 pm, PT)
buy back put at $0.05
PROFIT: $510
Tue. 4/10/2018 (11:02:53 am, PT)
sell -1 April 11, 2018 2690 call at $3.20
probability of success: 83%
Tue. 4/10/2018 (12:54:11 pm, PT)
buy back call at $2.00
PROFIT: $120
Wed. 4/11/2018 (9:10:19 am, PT)
sell -1 April 11, 2018 2665 call at $4.10
- FOMC minutes at 11 am (PT)
- expiration at 1 pm (PT)
- probability of success: 64%
Wed. 4/11/2018 (10:45:29 am, PT)
buy back call at $1.00
PROFIT: $310 (in 95 minutes)
Comment:
SPX closed at 2642.19. If I had held my call option until expiration, I would have made $410. However, I'm fine with closing my trade when I did and making $310 in only 95 minutes.
Wed. 4/11/2018 (11:06:18 am, PT)
sell -1 April 11, 2018 2660 call at $3.10
- FOMC minutes at 11 am (PT)
- probability of success: 69%
- expiration: 1 pm (PT)
Wed. 4/11/2018 (12:13:25 pm, PT)
buy back call at $0.05
PROFIT: $305
Friday, 4/6/2018 (12:52:59 pm, PT)
sell -2 April 13, 2018 1450 puts at $2.55
probability of success: 90%
Monday, 4/9/2018 (9:29:13 am, PT)
buy back puts at $0.95
PROFIT: $320
Wed. 4/4/2018 (10:32:09 am, PT)
sell -1 April 6, 2018 2680 call at $1.12 (delta 5.75)
sell -1 April 6, 2018 2470 put at $1.13 (delta 3.50)
net credit: $2.25 x 1 x 100 = $225
Wed. 4/4/2018 (12:51:42 pm, PT)
buy back 2470 put at $0.15
let 2680 short call expire (SPX closed at 2604.47 on April 6)
PROFIT: $210
Wed. 4/4/2018 (11:43:44 am, PT)
sell -2 April 13, 2018 1585 calls at $2.03 (delta 7)
sell -2 April 13, 2018 1415 puts at $1.42 (delta 7)
net credit (max profit): $3.45 x 2 x 100 = $690
expiration: in 9 days
Fri. 4/6/2018 (9:01:18 am, PT)
buy back calls at $0.92
buy back puts at $0.93
(net debit: $1.85)
PROFIT: $320 (in 2 days)
Monday, 4/2/2018 (11:17:06 am, PT)
sell -1 April 6, 2018 2285 put at $1.00
- probability of success: 98%
- day 'til expiration: 4
Tuesday, 4/3/2018 (10:20:17 am, PT)
buy back put at $0.30
PROFIT: $70
Tue. 4/3/2018 (10:35:59 am, PT)
sell -2 April 20, 2018 1390 puts at $3.80
probability of success: 90%
Tue. 4/3/2018 (12:01:11 pm, PT)
buy back puts at $3.20
PROFIT: $120
Tue. 2/27/2018 (8:59:55 am, PT)
sell -1 March 2 2018 2830 call at $1.05
probability of success: 94%
Wed. 2/28/2018 (12:27:41 pm, PT)
buy back call at $0.05
PROFIT: $100
Thu. 2/8/2018 (12:39 pm, PT)
sell -1 February 14, 2018 $20 put at $0.52
delta: 8.18
Mon. 2/12/2018 (7:31:21 am, PT)
buy back put at $0.10
PROFIT: $42
Thu. 1/25/2018 (11:55:24 am, PT) FP
sold short -2 Feb 28, 2018 2720 puts at $8.60
probability ITM: 15.70%
Thu. 1/25/2018 (1:14:31 pm, PT)
bought back puts at $7.70
PROFIT: $180 (in 1 hour, 15 minutes)
Wed. 1/24/2018 (10:16:53 am, PT)
sold short -1 Feb 28, 2018 2720 put at $10.50
probability ITM: 17.50%
Thu. 1/25/2018 (10:52:14 am, PT)
bought back put at $7.20
PROFIT: $330 (in ONE DAY)
Wed. 1/24/2018 (10:07:39 am, PT) FP
sold short -2 Feb 28, 2018 2725 puts at $10.30
probability ITM: 17%
Wed. 1/24/2018 (11:45:45 am, PT)
bought back puts at $7.90
PROFIT: $480 (in about 90 MINUTES!!!)
Fri. 1/12/2018 (10:10:55 am, PT) FP
sold short -1 Feb 23, 2018 2675 put at $8.00
probability ITM (Delta): 15.17%
Tue. 1/23/2018 (12:40:20 pm, PT)
bought back puts at $4.00
PROFIT: $400
Tue. 1/16/2018 (12:59:30 pm, PT) RD
sold short -4 Feb 23, 2018 $268 puts at $1.16
probability ITM: 20%
Mon. 1/22/2018 (9:21:20 am, PT)
bought back puts at $0.54
PROFIT: $248 (52.61% of max profit in 6 days)
Thu. 1/18/2018
sold short -3 SPY March 2, 2018 $273 puts at $1.77
probability ITM: 28%
Fri. 1/19/2018
bought back puts at $1.39
PROFIT: $114
Thu. 1/18/2018 (12:39:08 pm, PT)
sold short -4 Feb 20, 2018 2695 puts at $8.70
probability ITM: 16.30%
Fri. 1/19/2018 (11:12:47 am, PT)
bought back puts at $7.50
PROFIT: $480 (in ONE day!)
