Options trade: How to sell put options | MGM (MGM)

Tue. 6/23/2020 (12:21:44 pm, PT)

sell (to open) -2 July 17, 2020  $15 puts at $0.38

Stats:

• probability ITM:  21.44%
• stochastics "overbought"
• 24 days 'til expiration (DTE)

Fri. 7/17/2020 (6:55:04 pm, PT) 🠔  Expiration

buy back puts at $0.01

NET PROFIT:  $72.64

Learn to trade options by watching my FREE videos here!

Options trade: How to sell put options | Financial Sector ETF (XLF)

Tue. 7/7/2020 

sell (to open) -1 August 14, 2020  $20.50 put at $0.34

Stats:

• probability ITM:  22.88%
• stochastics "oversold"
• 38 days 'til expiration (DTE)

Thu. 7/16/2020

buy (to close) put at $0.09

Stats:

• stochastics "overbought"
• 29 DTE

NET PROFIT:  $23.65

Learn to trade options.

Watch my FREE videos here!

Options trade: How to sell put options | Gilead (GILD)

Thu. 6/18/2020 (12:54:40 pm, PT)

sell (to open) -1 July 17, 2020  $67.50 put at $0.85

Stats:

• probability ITM: 21.34%
• margin:  $522.81
• stochastics "oversold"
• 29 days 'til expiration (DTE)

Tue. 7/14/2020 (10:24:07 am, PT)

buy (to close) put at $0.01

Stats:

• 3 DTE
• GILD at $76.38

NET PROFIT:  $83.30

Learn to trade options by watching my FREE videos here!

Options trade: How to sell put options | Carnival (CCL)

Thu. 6/25/2020

sell (to open) -1 July 31, 2020  $10 put at $0.35

Stats:

• probability ITM: 19.24%
• stochastics "oversold"
• 36 days 'til expiration (DTE)

Tue. 7/7/2020 

buy (to close) short put at $0.20

Stats:

• surprise earnings conference call on July 10
• 24 DTE
• probability ITM:  14%

NET PROFIT:  $13.66

Learn to trade options.

Watch my FREE videos here!

Options trade: How to sell put options | Gilead (GILD)

Thu. 5/21/2020 

sell (to open) -1 July 17, 2020  $65 put at $1.29

Stats:

• probability ITM:  23.67%
• stochastics "oversold"

Tue. 7/7/2020

buy (to close) short put at $0.03

NET PROFIT:  $125.31

Learn to trade options!

Watch my FREE videos here!

Options trade: How to sell put options | Boeing (BA)

Wed. 6/24/2020 (12:31:40 pm, PT)

sell (to open) -1 July 17, 2020  $140 put at $2.00

Stats:

• probability ITM: 14.72%
• margin:  $585
• 23 days 'til expiration (DTE)
• stochastics "oversold"

Tue. 7/7/2020 (12:22:05 pm, PT)

buy (to close) put at $0.23

Stats:

• 10 DTE

NET PROFIT:  $175.66 (return on capital = 30% in 13 days)

Learn to trade options by watching my FREE videos here!

Options trade: How to sell put options | Boeing (BA)

Tue. 5/12/2020 (11:45:57 am, PT)

sell (to open) -1 June 19, 2020  $90 put at $1.11

Stats:

• probability ITM:  11%
• margin:  $312
• stochastics "oversold"
• 38 days 'til expiration (DTE)

Fri. 6/19/2020 (Expiration)

BA at $187.02

let short put expire

NET PROFIT:  $110.33

Learn to trade options by watching my FREE videos here!

Options trade: How to sell put options | Coca Cola (KO)

Wed. 5/6/2020

sell (to open) -2 June 19, 2020  $40 puts at $0.59

Stats:

• probability ITM:  20%
• stochastics "oversold"
• 44 days 'til expiration (DTE)

Fri. 6/19/2020 (Expiration)

KO closed at $46.02

let put options expire

NET PROFIT:  $116.67

Learn to trade options!

Watch my FREE videos here!

Options trade: How to sell put options | US Treasuries ETF (TLT)

Thu. 6/4/2020 (12:41:53 pm, PT)

sell (to open) -1 July 17, 2020  $150 put at $1.24

Stats:

• probability ITM: 23.54%
• margin:  $461
• stochastics "oversold"
• 43 days 'til expiration (DTE)

Thu. 6/18/2020 (12:42:48 pm, PT)

buy (to close) put at $0.28 ("ask")

Stats:

• stochastics "overbought"
• 29 DTE
• probability ITM:  7.70%

NET PROFIT:  $94.66

Learn to trade options by watching my FREE videos here!

Options trade: How to sell put options | Boeing (BA)

Tue. 5/5/2020
 

sell (to open) -1 June 19, 2020  $95 put at $2.65

Stats:

• probability ITM:  19.91%
• stochastics "oversold"
• 45 days 'til expiration (DTE)

Tue. 5/26/2020

buy (to close) put at $0.26

Stats:

• stochastics "overbought"
• 24 DTE

NET PROFIT:  $237.65

Learn to trade options!

Watch my FREE videos here!

Options trade: How to sell put options | Boeing (BA)

Tue. 4/14/2020

sell (to open) -1 May 15, 2020  $65 put at $1.14

Stats:

• BA at $141.19
• 31 days 'til expiration (DTE)
• stochastics between "oversold" and "overbought"
• probability ITM:  9.27% (high probability of success)

Fri. 5/15/2020 (Expiration)

BA at $120

let short put option expire

NET PROFIT:  $113.33

Learn to trade options!

Watch my FREE videos here!

Options trade: How to sell put options | Disney (DIS)

Tue. 3/31/2020 

sell (to open) -1 May 15, 2020  $50 put at $0.50

Stats:

• probability ITM:  6.44% (high probability of success!)
• Disney at $100.50
• stochastics "overbought"
• 45 days 'til expiration (DTE)

Tue. 4/28/2020

buy (to close) put at $0.01

NET PROFIT:  $48.31

Learn to trade options!

Watch my FREE videos here!

Options trade: How to sell put options | Coca Cola (KO)

Tue. 3/24/2020 🠜  Great timing!

sell (to open) -1 March 27, 2020  $40 put at $0.94

Stats:

• probability ITM:  45% (high)
• 3 days 'til expiration (DTE)

Fri. 3/27/2020 (Expiration)

KO closed at $42.81

let put expire

NET PROFIT:  $93.33

Learn to trade options!

Watch my FREE videos here!

Options trade: SPX short call option (bearish)

Tuesday, 4/2/2019 (9:34:14 am, PT)

sell short -1 May 17, 2019  2950 call option at $11.10

Facts:

• 20 delta
• stochastics in "overbought" region
• 45 days 'til expiration (ideal)
• credit received:  $11.10 x 1 x 100 = $1110

Friday, 5/10/2019 (8:01:45 am, PT)

buy back short call option at $0.75 to protect my profits and remove the risk

COMMENTS:

• After I placed my bearish trade, SPX continued to rise (bad!)
• On 5/1/2019, SPX hit a new all-time high of 2954.13 (bad!)
• On 5/1/2019, my short call option was in-the-money by only 4.13 but it was trading at $26.36 (my "paper loss" was $1526 at the time)
• Luckily for me, SPX dropped after hitting the new all-time high on 5/1/2019
• On 5/10/2019, at 8:01:45 am, PT, SPX hit an intraday low of 2825.39 and I was able to buy back my short call option for only $0.75 ($75 for one contract)
• It's a GOOD thing I closed my trade when I did, because SPX shot back up over 65 points right after I closed my trade!

PROFIT:  $1035

CLICK HERE to see the chart of SPX

CLICK HERE to see two videos of a similar SPX trade

Options trade: Amazon (AMZN) short put option (bullish)

Wednesday, 5/1/2019 (11:50:31 am, PT)

sell short -1 May 10, 2019  $1880 put option at $6.80

Facts:

• slow stochastics in "overbought" region
• this trade was a "hedge" against my short call option
• 20.32 delta
• credit received:  $680
• 9 days 'til expiration (very short-term)
• FOMC press conference at 11:30 am, PT

Friday, 5/3/2019 (7:26:23 am, PT)

buy back my short put option at $3.00 to protect my profits and remove the risk (of assignment)

PROFIT:  $380 (in 2 days)

Comments:

• On 5/10/2019 (Expiration), at 8:50 am (PT), Amazon was trading near $1856 and my put option was trading near $24.95!  It's a GOOD thing I closed my trade on 5/3/2019!

• After some positive comments from the White House (regarding the US/China tariff negotiations), Amazon reversed back up to close at $1889.98 at 1 pm (PT)

• My short put option would have been fine if I had held it all the way until expiration (1 pm, PT), but who needs the stress?  I was happy to get over 50% of max profit in just two days

CLICK HERE TO LEARN ABOUT PUT-SELLING.

Options trade: Amazon (AMZN) Short Put (bullish)

Monday, 4/29/2019 (9:28 am, PT)

sell short -1 May 10, 2019  $1892.50 put option at $10.40 (25 delta)


Wednesday, 5/1/2019 (9:04:36 am, PT)

buy back put option at $6.60

Why?

• to protect my profit
• FOMC announcement at 11 am (high-risk event!)

PROFIT:  $380 (2 days)

Learn to SELL put options with my FREE lessons here!

Options trade: Amazon (AMZN) post-EARNINGS PLAY

Friday, 4/26/2019 (8:56:47 am, PT) [EXPIRATION DAY]

sell short -1 April 26, 2019  $1910 put option at $2.51

Facts:

• Q1 earnings announcement the previous day (4/25) after the Closing Bell
• AMZN trading around $1917
• 30 delta
• selling put options is a semi-bullish strategy
• this is a same-day trade (4/26 expiration) to take advantage of theta time decay
• AMZN closed at $1950.63

Friday, 4/26/2019 (11:12:38 am, PT)

buy back put option at $0.11 (to remove the risk and protect my profit)

PROFIT:  $240 (in 2.25 hours)

Learn to SELL put options with my FREE lessons here!

Options trade: Amazon (AMZN) short put option (EARNINGS PLAY)

Thu. 4/25/2019 (10:25:28 am, PT)

sell short -1 April 26, 2019  $1810 put at $4.60

Facts:

• earnings announcement after the Closing Bell today (4/25)
• AMZN was trading around $1910.18 (I went $100 out-of-the-money)
• 11.80 delta (88.20% probability of success)
• option premiums are VERY attractive right before earnings announcements, so you can go further OTM
• "expected move" ("market maker move") was plus/minus $67 post-earnings

Fri. 4/26/2019 (6:30:00 am, PT)

buy (to close) $1810 put option at $0.01

PROFIT:  $459 (1 day)

FREE LESSONS ON HOW TO SELL PUT OPTIONS!

Options trade: Tesla (TSLA) short call option (semi-bearish)

Thu. 4/25/2019 (10:36:23 am, PT)

sell short -1 May 10, 2019  $277.50 call option at $1.53

Facts:

• earnings results were announced on 4/24, stock dropped $10 the next day (4/25)
• 15 days 'til expiration
• TSLA @ $247.56 (I went $30 out-of-the-money)
• 11.29 delta (relatively "safe")

Fri 4/26/2019 (9:04:42 am, PT)

buy (to close) short call option at $0.50

PROFIT:  $103 (1 day)

Comments: I decided to close my trade for several reasons:

• to protect my profit
• I don't know what's going to happen in the next 14 days
• any type of positive news will result in a "short squeeze" and my short call will end up in trouble

FREE LESSONS: LEARN TO SELL CALL OPTIONS.

Options trade: Microsoft (MSFT) short put option (semi-bullish)

Fri. 4/12/2019 (10:17:37 am, PT)

sell short -1 July 19, 2019  $110 put at $1.68

Facts:

• 23.29 delta
• MSFT trading at $120.66
• 98 days 'til expiration
• stochastics "overbought"
• CNBC reported "unusual options activity" (heavy volume on the July $120 long calls)
• earnings report after the close on Wed. 4/24/2019

Wed. 4/24/2019 (8:47:33 am, PT)

buy (to close) put option at $0.94

Why?  To protect my profits and to avoid any unpleasant surprises after the earnings announcement (at 1 pm, PT).

PROFIT:  $74 (12 days)

Learn to SELL PUT OPTIONS here!  FREE lessons!