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Tuesday, June 14, 2022

Option trade : Biotech Sector ETF (XBI) bearish trade

 GET WEEKLY TRADE IDEAS!

FREE OPTIONS-TRADING LESSONS HERE.


3/9/2022

buy +2 April 14, 2022 $115 calls at $0.15 (prob ITM 2.35%)

sell -2 April 14, 2022 $98 calls at $1.35 (prob ITM 18%)

  • net credit:  $1.20
  • 36 DTE
  • XBI = $87 (+3.00)


4/11/2022

buy back the two short calls ($98 strike) at $0.05 to remove the risk

let the long calls expire

PROFIT:  $230

Option trade : Biotech Sector ETF (XBI) bearish trade

 GET WEEKLY TRADE IDEAS!

FREE OPTIONS-TRADING LESSONS HERE.


3/7/2022

buy +2 April 22, 2022 $125 calls at $0.15

sell -2 April 22, 2022 $98 calls at $1.27

  • net credit:  $1.12
  • oversold
  • 46 DTE


4/22/2022  <--- Expiration

XBI =  $79.84

all calls expired

PROFIT:  $224

Option trade : Biotech Sector ETF (XBI) bearish trade

 GET WEEKLY TRADE IDEAS!

FREE OPTIONS-TRADING LESSONS HERE.


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

 GET WEEKLY TRADE IDEAS!

FREE OPTIONS-TRADING LESSONS HERE.


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

 GET WEEKLY TRADE IDEAS!

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

 GET WEEKLY TRADE IDEAS!

FREE OPTIONS-TRADING LESSONS HERE.


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

 GET WEEKLY TRADE IDEAS!

FREE OPTIONS-TRADING LESSONS HERE.


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

 GET WEEKLY TRADE IDEAS!

FREE OPTIONS-TRADING LESSONS HERE.


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

 GET WEEKLY TRADE IDEAS!

FREE OPTIONS-TRADING LESSONS HERE.


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

 GET WEEKLY TRADE IDEAS!

FREE OPTIONS-TRADING LESSONS HERE.


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

 GET WEEKLY TRADE IDEAS!

FREE OPTIONS-TRADING LESSONS HERE.


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

 GET WEEKLY TRADE IDEAS!

FREE OPTIONS-TRADING LESSONS HERE!


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

 GET WEEKLY TRADE IDEAS!

FREE OPTIONS-TRADING LESSONS HERE!


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

GET WEEKLY TRADE IDEAS!

FREE OPTIONS-TRADING LESSONS HERE.


 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

GET WEEKLY TRADE IDEAS!

FREE OPTIONS-TRADING LESSONS HERE!


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

GET WEEKLY TRADE IDEAS!

FREE OPTIONS-TRADING LESSONS HERE!


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

GET WEEKLY TRADE IDEAS!

FREE OPTIONS-TRADING LESSONS HERE!


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

GET WEEKLY TRADE IDEAS!

FREE OPTIONS-TRADING LESSONS HERE.


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

GET WEEKLY TRADE IDEAS!

FREE OPTIONS-TRADING LESSONS HERE!


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

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FREE OPTIONS-TRADING LESSONS!


4/21/2022

sold -1 June 17, 2022 $75 put at $0.15

  • DIS = $121
  • prob of assignment: 2.40% (very low)
  • DIS was oversold
  • 57 days to exp (DTE)


5/27/2022

buy back the short put at $0.04 and take my profit

PROFIT:  $11