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Saturday, June 18, 2022
Options trade : Apple (AAPL) bullish trade
Options trade : Apple (AAPL) bullish trade
FREE OPTIONS-TRADING LESSONS HERE
Options trade : SPX bearish trade
FREE OPTIONS-TRADING LESSONS HERE
- net credit: $1.60
- SPX = 3903 (-70.70)
- 0 DTE
Options trade : SPX bearish trade
FREE OPTIONS-TRADING LESSONS HERE
5/25/2022 (11:27 am, PT)
buy +1 May 25, 2022 4065 call at $0.07
sell -1 May 25, 2022 4015 call at $1.57 (prob ITM 10%)
- net credit: $1.50
- FOMC minutes at 11 am (PT)
- 0 DTE
5/25/2022 (12:23 pm, PT)
buy back 4015 call at $0.70 to remove the risk (at 12:14 pm, SPX hit a high of 3999.33 ... not good!)
PROFIT: $80
Note: SPX settled at 3978.73 (+37.25), so my trade would have been fine. But it's always better to be cautious.
Options trade : Kellogg Company (K) bullish trade
FREE OPTIONS-TRADING LESSONS HERE.
3/10/2022
sell -1 June 17, 2022 $52.50 put at $1.05
- oversold
- 99 DTE
- probability ITM: 23%
- K = $61
6/17/2022 <--- EXPIRATION FRIDAY
K closed at $67.54
short put expired "worthless"
PROFIT: $105
Options trade : Ultra-VIX ETF (UVXY) bullish trade
FREE OPTIONS-TRADING LESSONS HERE
5/27/2022
sell -2 July 15, 2022 $11 puts at $0.80 (prob ITM 33%)
buy +2 July 15, 2022 $5 puts at $0.01 (prob ITM 0.83%)
- net credit: $0.79
- oversold
- 49 DTE
6/17/2022
buy back both short puts ($11 strike) at $0.14 to remove the risk
leave open the two long puts
PROFIT: $130
Wednesday, June 15, 2022
Option trade : Biotech Sector ETF (XBI) bearish trade
FREE OPTIONS-TRADING LESSONS HERE!
6/7/2022
buy +2 July 15, 2022 $90 calls at $0.25 (prob ITM 4.28%)
sell -2 July 15, 2022 $81 calls at $1.20 (prob ITM 18%)
- net credit: $0.95
- XBI = $71.82
- overbought
- 38 DTE
6/14/2022
buy back the two short calls ($81 strike) at $0.18 to remove the risk
PROFIT: $154
Option trade : Biotech Sector ETF (XBI) bearish trade
FREE OPTIONS-TRADING LESSONS HERE.
5/19/2022
buy +2 July 1, 2022 $100 calls at $0.15 (prob ITM 4%)
sell -2 July 1, 2022 $80 calls at $1.50 (prob ITM 18%)
- net credit: $1.35
- XBI = $69.28
- 43 DTE
6/14/2022
buy back the two short calls ($80 strike) at $0.14 to remove the risk
PROFIT: $242
Tuesday, June 14, 2022
Option trade : Biotech Sector ETF (XBI) bearish trade
FREE OPTIONS-TRADING LESSONS HERE
5/12/2022
buy +2 June 24, 2022 $95 calls at $0.34 (prob ITM 2.24%)
sell -2 June 24, 2022 $79.50 calls at $1.10 (prob ITM 13%)
- net credit: $0.80
- XBI = $64.86 (+2.05)
- oversold
- 43 DTE
6/14/2022
buy back the two short calls ($79.50 strike) at $0.03 to remove the risk
let the long calls expire
PROFIT: $154
Option trade : Biotech Sector ETF (XBI) bearish trade
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
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
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
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
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
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
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
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
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
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
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