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Thursday, February 4, 2021

Options trade: Bullish put trade on Walmart | credit put spread

 Tue. 12/29/2020

sell (to open) -2 Feb 5, 2021  $135 puts at $1.15 (prob ITM: 20.53%)

buy (to open) +2 Feb 5, 2021  $129 puts at $0.51 (prob ITM: 10.23%)

  • Net credit: $0.64 x 2 x 100 = $128
  • Max profit:  $128
  • Margin: $873
  • "oversold"
  • 37 DTE


Thu. 2/4/2021

buy back just one of the short puts at $0.01

let the other short put and the two long puts expire "worthless"

NET PROFIT:  $124.33 (ROC: 14% in 37 days)

Learn to trade options.

FREE options lessons here!


Wednesday, February 3, 2021

Options trade: bullish put trade on Communications ETF (XLC)

Thu. 1/14/2021

sell (to open) -1 Feb 19, 2021  $62 put at $1.06

  • "oversold"
  • 36 DTE
  • probability ITM: 31.19%


Wed. 2/3/2021

buy back short put at $0.10

  • "overbought"
  • 16 DTE

NET PROFIT:  $94.68

Learn to trade options.

FREE lessons here!



Tuesday, January 12, 2021

Options trade: bullish put trade on Biotech ETF (XBI)

Tue. 1/5/2021

sell (to open) -1 Feb 12, 2021  $125 put at $1.99 (prob ITM: 21.56%)
buy (to open) +1 Feb 12, 2021  $85 put at $0.14 (prob ITM: 2.18%)

  • Net credit (max profit): $1.85 x 1 x 100 = $185
  • "oversold"
  • 38 DTE


Tue. 1/12/2021 

buy (to close) the $125 short put at $0.70

let long put expire

NET PROFIT:  $113.02 (7 days)

Learn to trade options.

FREE lessons here!


Wednesday, November 25, 2020

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

Thu. 11/19/2020 (11:13:15 am, PT)

sell (to open) -1 Nov 27, 2020  $27.50 put at $1.00 (credit)

Stats:

  • probability ITM:  59.43%
  • stochastics "overbought"
  • 8 days 'til expiration (DTE)


Tue. 11/24/2020 (11:36:39 am, PT)

buy (to close) put at $0.18 (debit)

Stats:

  • stochastics "overbought"
  • 3 DTE


NET PROFIT:  $80.68

SUCCESS!

Learn to trade options by watching my FREE videos here!


Tuesday, November 24, 2020

Options trade: How to sell put options | Consumer Staples ETF (XLP)

Thu. 10/29/2020 (12:51:15 pm, PT)

sell (to open) -1 Dec 4, 2020  $60.50 put at $1.07 (credit)

Stats:

  • probability ITM: 34.85%
  • "oversold" stochastics
  • 36 days 'til expiration (DTE)


Mon. 11/23/2020 (1:04:51 pm, PT)

buy (to close) +1 short put at $0.02 (debit)

Stats:

  • 11 DTE
  • "overbought" stochastics

NET PROFIT:  $104.33

SUCCESS!

Learn to trade options by watching my FREE videos here!


Saturday, November 21, 2020

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

Wed. 10/28/2020 (12:44:12 pm, PT)

sell (to open) -2 Nov 20, 2020  $47 puts at $1.05 (credit)

Stats:

  • probability ITM:  41.20%
  • stochastics "oversold"
  • 23 days 'til expiration (DTE)


Fri. 11/20/2020 (Expiration)

KO closed at $52.67
Let puts expire

NET PROFIT:  $208.67


Options trade: How to sell put options | Junk Bond ETF (JNK)

Wed. 10/28/2020 (11:38:50 am, PT)

sell (to open) -1 Nov 20, 2020  $102 put at $1.20 (credit)

Stats:

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


Fri. 11/20/2020 (Expiration)

JNK closed at $107.10

Let short put option expire

NET PROFIT:  $119.34



Thursday, November 19, 2020

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

Mon. 11/16/2020 (12:56:10 pm, PT)

sell (to open) -1 Nov 20, 2020  $27 put at $1.06

Stats:

  • probability ITM:  66.40%
  • MGM at:  $26.40
  • stochastics "overbought"
  • 4 days 'til expiration (DTE)


Wed. 11/18/2020 (10:52:23 am, PT)

buy (to close) short put at $0.23

Stats:

  • MGM at $27.60
  • stochastics "overbought"
  • 2 DTE

NET PROFIT:  $81.68


Saturday, November 14, 2020

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

Tue. 11/10/2020 (10:30:40 am, PT)

sell (to open) -1 Nov 13, 2020  $54.50 put at $1.11 (option's ITM)

Stats:

  • KO at $53.595
  • probability ITM:  75.99% (high!)
  • stochastics "overbought"
  • 3 days 'til expiration 

Fri. 11/13/2020 (12:40:05 pm, PT)  Expiration

buy (to close) put at $1.11

NET LOSS:  $1.32  😞

Learn to trade options by watching my FREE videos here!


Wednesday, July 29, 2020

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

Mon. 7/13/2020 (12:49:06 pm, PT)

sell (to open) -1 August 21, 2020  $15 put at $2.00

Stats:

  • probability ITM:  54% ("at-the-money")
  • stochastics "oversold"
  • 39 days 'til expiration (DTE)


Tue. 7/28/2020 (10:53:37 am, PT)

buy (to close) put at $1.65

NET PROFIT:  $33.66


Tuesday, July 21, 2020

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

Thu. 7/9/2020 (12:02:06 pm, PT)

sell (to open) -2 August 21, 2020  $40 puts at $0.53

Stats:

  • probability ITM:  22%
  • stochastics "oversold"
  • 43 days 'til expiration (DTE)
  • earnings release on July 21, 2020 before Market Open


Mon. 7/20/2020 (11:51:44 pm, PT)

buy (to close) put at $0.16

Stats:

  • stochastics "overbought"
  • 32 DTE
  • earnings release on July 21 (the next morning)

NET PROFIT:  $71.34


Monday, July 20, 2020

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

Tue. 6/16/2020 (12:13:09 pm, PT)

sell (to open) -2 July 24, 2020 $43 puts at $0.65

Stats:

  • probability ITM:  26%
  • stochastics "oversold"
  • 38 days 'til expiration (DTE)


Mon. 7/20/2020 (11:32:10 am, PT)

buy (to close) puts at $0.10

Stats:

  • stochastics "overbought"
  • 4 DTE
  • earnings release on July 21 a.m.

NET PROFIT:  $107.34




Friday, July 17, 2020

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

Wed. 6/24/2020

sell (to open) -1 July 17, 2020  $42 put at $0.50

Stats:
  • probability ITM:  25%
  • stochastics "oversold"
  • 23 days 'til expiration (DTE)


Fri. 7/17/2020 (Expiration)

KO at $46.82
Let short put option expire

NET PROFIT:  $49.33

Learn to trade options.

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


Thursday, July 16, 2020

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.

Wednesday, July 15, 2020

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


Tuesday, July 7, 2020

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.

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!

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)






Saturday, June 20, 2020

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