SPX Credit Call Spread

Friday, 5/11/2018 (9:55 am, PT) FP

buy +2  May 11, 2018  2750 calls 
sell -2  May 11, 2018  2730 calls

• net credit (max profit):  $1.35 x 200 =  $270
• 3 hours left until expiration
• short call (2730) delta =  25.57
• margin requirement:  $4,000

Friday, 5/11/2018 (12:45:26 pm, PT)

buy back both short calls (2730) at $0.20 to remove the risk
let long (2750) calls expire worthless

PROFIT:  $230 (in 3 hours)
Return on capital:  5.75% (in 3 hours)

Learn to SELL call options HERE!

SPX credit call spread

Wed. 5/9/2018 (10:41:02 am, PT)

buy +3 May 9 2018  2720 calls at $0.10
sell -3 May 9 2018  2705 calls at $1.20

• net credit (max profit):  $1.10 x 3 x 100 =  $330
• short call (2705) delta:  23
• expiration:  1 pm (PT)
• margin:  $4500

Wed. 5/9/2018 (12:38:07 pm, PT)

buy back short calls (2705) at $0.05 to remove the risk

PROFIT:  $315

Learn to SELL call options HERE

SPX Credit Call Spreads

Wednesday, 5/9/2018 (11:43:25 am, PT) FP

buy +3 May 9, 2018  2715 calls at $0.13
sell -3 May 9, 2018  2705 calls at $1.08

• net credit (max profit):  $0.95 x 300 = $285
• short call (2705) delta:  23.25
• margin requirement:  $3,000
• 1 hour, 15 minutes left until expiration

Wednesday, 5/9/2018 (12:38:07 pm, PT)

buy back all short (2705) calls at $0.05 to remove the risk
let long (2715) calls expire worthless

PROFIT:  $270 (in 1 hour)
Return on capital:  9% (in 1 hour)

Learn to SELL call option HERE!

SPX CREDIT PUT SPREAD

Friday, 5/4/2018 (9:52:06 am, PT)

sell to open -2 May 4, 2018  2650 puts at $2.15
buy to open +2 May 4, 2018  2605 puts at $0.10

Facts:

• credit:  $2.05 = $410 max profit
• delta for short put:  28.42 (> 70% chance of success)
• margin requirement:  $9000
• expiration day:  May 4 (same day)

Why did I place this trade?

• SPX was trending up in the morning (strong trend)
• this is a same-day trade to take advantage of theta time decay

Friday, 5/4/2018 (12:41:37 pm, PT)

buy to close short puts at $0.05
let long puts expire worthless (sacrifice of $20)

Note:  SPX closed at 2663.42

TOTAL PROFIT:  $400 (in 3 hours)  .....  4.40% ROC

LEARN TO SELL PUT OPTIONS

CLICK HERE

SPX credit call spread

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

RUT index short put options

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

Learn to SELL put options here

SPX short strangle

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

Learn to sell options here

SPX short call option

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

Learn to SELL call options here

SPX short call option

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)

Learn to SELL call options here

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.

SPX short call option

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

Learn to SELL call options here

RUT index put options

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

Learn to SELL put options here

SPX short strangle (options)

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

Learn to SELL options here

RUT index short strangle

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)

Learn to SELL OPTIONS here

SPX short put option

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

Learn to SELL puts here

RUT short put options

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

Learn to SELL puts here

SPX short call option

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

Learn to SELL call options here

VIX short put option

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

Learn to SELL put options here

SPX put options

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)

Learn to SELL put options!

Watch my FREE videos here!

SPX put options

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)

Learn to SELL put options.

FREE lessons HERE!

SPX put options

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!!!)

Learn to SELL put options!
 Watch my FREE videos here!