LILIA's MONEY MUSINGS

2/7/2022

sell -2 March 11, 2022 $104 calls at $1.13 (prob ITM 17%)

reuse the two long puts ($128 strike) from my previous trade
XBI = $93.70 (+2.91)

3/11/2022 <--- Expiration

XBI = $84.64

all calls expired

PROFIT: $226

Option trade : Biotech Sector ETF (XBI) bearish trade

1/13/2022

buy +2 Feb 18, 2022 $128 calls at $0.09 (prob ITM 2%)

sell -2 Feb 18, 2022 $111 calls at $1.19 (prob ITM 16%)

net credit: $1.10
XBI = $99
36 DTE
oversold

2/7/2022

buy back the two short calls ($111 strike) at $0.05 to remove the risk

let the long calls expire

PROFIT: $210

Option trade : Ultra-VIX ETF (UVXY) bullish trade

FREE OPTIONS-TRADING LESSONS.

6/10/2022

sell -4 July 1, 2022 $12.50 puts at $0.63 (prob ITM 33%)

reuse long puts ($5 strike) from a previous trade to create a credit put spread
21 DTE

6/13/2022

buy back the four short puts ($12.50 strike) to take profits

PROFIT: $160

Options trade : ARK Innovation ETF (ARKK) bearish trade

1/12/2022

buy +4 Feb 25, 2022 $115 calls at $0.19 (prob ITM 2.50%)

sell -4 Feb 25, 2022 $97 calls at $1.32 (prob ITM 16%)

net credit: $1.13 x 400 = $452
44 DTE

1/25/2022

buy back the four short calls ($97 strike) at $0.20 to take profits

let the long calls expire

PROFIT: $372

Options trade : ARK Innovation ETF (ARKK) bearish trade

1/21/2022

buy +4 March 4, 2022 $110 calls at $0.12 (prob ITM 1.52%)

sell -4 March 4, 2022 $87 calls at $1.17 (prob ITM 14%)

net credit: $1.05 x 400 = $420
oversold
42 DTE

2/22/2022

buy back the four short calls ($87 strike) at $0.01

let the long calls expire

PROFIT: $416

Options trade : ARK Innovation ETF (ARKK) bearish trade

2/11/2022

buy +4 March 18, 2022 $108.22 calls at $0.09 (prob ITM 1.20%)

sell -4 March 18, 2022 $84.22 calls at $1.37 (prob ITM 16%)

net credit: $1.28 x 400 = $512
ARKK = $71.90
overbought

2/18/2022

buy back the four short calls ($84.22 strike) at $0.28 to take profits

leave the long calls open for a future call spread

PROFIT: $400

Options trade : ARK Innovation ETF (ARKK) bearish trade

2/22/2022

sell -4 April 1, 2022 $74 calls at $1.50

reuse the four long $108.22 calls from my 2/11/2022 call spread
credit: $1.50 x 400 = $600

3/18/2022 <--- expiration date of the long calls

buy back the four short calls ($74 strike) at $0.50 to take profits

PROFIT: $400

Monday, June 13, 2022

Options trade : ARK Innovation ETF (ARKK) bearish trade

2/23/2022

buy +4 March 25, 2022 $90 calls at $0.12 (prob ITM 2%)

sell -4 March 25, 2022 $72.50 calls at $1.17 (prob ITM 16%)

net credit: $1.05 x 400 = $420
oversold
30 DTE
ARKK = $61.52

3/21/2022

buy back the four short calls ($72.50 strike) at $0.10

let the long calls expire (there were no buyers)

PROFIT: $380

Options trade : ARK Innovation ETF (ARKK) bearish trade

2/24/2022

buy +4 March 18, 2022 $83.22 calls at $0.12 (prob ITM 3%)

sell -4 March 18, 2022 $72 calls at $1.12 (prob ITM 17.60%)

net credit: $1.00 x 400 = $400
ARKK = $63.21 (+2.31)
oversold
22 DTE

3/18/2022

buy back the four short calls ($72 strike) at $0.01

let the four long calls expire [I could not sell (to close) them . . . no buyers]

PROFIT: $396

Options trade : ARK Innovation ETF (ARKK) bearish trade

5/9/2022

buy +4 June 17, 2022 $74.22 calls at $0.07

sell -4 June 17, 2022 $52.22 calls at $1.03 (prob ITM 14%)

net credit: $0.96 x 400 = $384

6/3/2022

buy back the four short calls ($52.22 strike) at $0.25 to take profits

leave open the four long calls for a future call spread

PROFIT: $284

Options Trade : ARK Innovation ETF (ARKK) bearish trade

5/13/2022

buy +4 June 24, 2022 $70 calls at $0.12 (prob ITM 1.88%)

sell -4 June 24, 2022 $54 calls at $1.08 (prob ITM 15%)

net credit: $0.96 x 400 = $384
ARKK = $43.64 (+4.65)
43 DTE

6/3/2022

buy back the four short calls ($54 strike) to take profits

leave open the four long calls for a future call spread

PROFIT: $284

Options trade : ARK Innovation ETF (ARKK) bearish trade

5/19/2022

buy +4 July 1, 2022 $65 calls at $0.25 (prob ITM 3%)

sell -4 July 1, 2022 $53 calls at $1.30 (prob ITM 16%)

net credit: $1.05 x 400 = $420
43 DTE
ARKK = $43.67 (+2.50)

6/10/2022

buy back the four short calls ($53 strike) at $0.20 to take profits

leave open the four long calls for a future call spread

PROFIT: $340

Options trade : ARK Innovation ETF (ARKK) bearish trade

6/2/2022

buy +4 July 15, 2022 $78 calls at $0.66 (prob ITM 0.94%)

sell -4 July 15, 2022 $54.22 calls at $1.14 (prob ITM 17%)

net credit: $1.08 x 400 = $432
margin: $9512
ARKK = $45ish
overbought
43 DTE

6/10/2022

buy back the four short calls ($54.22 strike) at $0.33 to take profits

leave open the four long calls for a future call spread

PROFIT: $300

Options trade : ARK Innovation ETF (ARKK) bearish trade

6/7/2022

buy +4 July 22, 2022 $65 calls at $0.13 (prob ITM 2.43%)

sell -4 July 22, 2022 $53 calls at $1.13 (prob ITM 17.27%)

net credit: $1.00 x 400 = $400
ARKK = $44.38
margin: $4800
ARKK was overbought
45 DTE

6/10/2022

buy back the four short calls ($53 strike) to take profits

leave open the long calls for the next call spread

PROFIT: $212

Options trade : Ultra-VIX ETF (UVXY) bullish trade

5/19/2022

sell -4 July 1, 2022 $12.50 puts at $1.29 (prob ITM = 38.65%)

buy +4 July 1, 2022 $5.00 puts at $0.01 (cheap "wings")

net credit: $1.28 x 4 x 100 = $512
UVXY = $16.29 (-1.38)
oversold
43 DTE

6/10/2022

buy back the 4 short puts ($12.50 strike) at $0.63 and reuse the 4 long puts for another put spread

PROFIT: $260

Options trade : Apple (AAPL) bullish trade

3/10/2022

sold -1 May 20, 2022 $115 put at $1.32

AAPL = $156.27 (-6.68)

prob of assignment = 11.28%

oversold

71 Days to exp (DTE)

5/20/2022 (expiration)

AAPL = $137.59

My short put expired "worthless"

PROFIT: $132

Options trade : ETSY (ETSY) bearish trade

5/23/2022

buy +1 June 17, 2022 $100 call at $0.66

sell -1 June 17, 2022 $90 call at $1.87

ETSY = $76 (-2.32)
25 days to exp (DTE)
margin: $1000
net credit: $1.22 x 1 x 100 = $122

6/7/2022

buy back entire spread for $0.90 (debit)

PROFIT: $32

Options trade : Disney (DIS) bearish trade