FREE OPTIONS TRADING LESSONS HERE.
8/26/2021
sell -1 Sept 17, 2021 $81 put at $1.18
- oversold
- 22 DTE
- STX = $85.14
- prob ITM = 29%
9/17/2021 (expiration)
STX = $83.74
my put option expired perfectly
PROFIT: $118
Sunday, June 19, 2022
Options trade : ARK Innovation ETF (ARKK) bullish trade
FREE OPTIONS TRADING LESSONS HERE.
8/19/2021
sell -1 Sept 24, 2021 $95 put at $1.05
- prob ITM = 14%
- ARKK = $115.48
- oversold
- 35 DTE
9/22/2021
buy back put at $0.02 to remove the risk
PROFIT: $103
Options trade : Facebook (FB) bullish trade
FREE OPTIONS TRADING LESSONS HERE.
10/27/2021
sell -1 Nov 19, 2021 $285 put at $1.33 (prob ITM 12%)
buy +1 Nov 19, 2021 $225 put at $0.09 (prob ITM 1%)
- net credit: $1.24
- FB = $316.08
- oversold
- 22 DTE
11/10/2021
buy back entire spread at $0.18
NET PROFIT: $106 (in 13 days)
Options trade : Energy Sector ETF (XLE) ratio spread
FREE OPTIONS TRADING LESSONS HERE.
10/6/2021
buy +1 Nov 12, 2021 $51.50 put at $1.19 (prob ITM 34%)
sell -2 Nov 12, 2021 $51 put at $1.06 (prob ITM 31%)
- net credit: $0.93
- XLE = $54.44
- overbought
- 37 DTE
10/22/2021
buy back the entire spread at $0.10
NET PROFIT: $79.03 (in 16 days)
Option trade : SPX bearish trade
FREE OPTIONS-TRADING LESSONS HERE
5/19/2022 (10:57:28 am, PT)
buy +1 May 19, 2022 4020 call at $0.10
sell -1 May 19, 2022 3965 call at $1.70
- net credit: $1.60
- SPX = 3926.57
- 0 DTE (same-day expiration)
5/19/2022 (12:14:03 pm, PT)
buy back the short 3965 call at $0.50 to remove the risk
let the long call expire
NET PROFIT: $106.46
SPX settled at 3900.79
Options trade : SPX bearish trade
FREE OPTIONS-TRADING LESSONS HERE
5/17/2022 (11:08:17 am, PT)
buy +1 May 17, 2022 4160 call at $0.07
sell -1 May 17, 2022 4115 call at $1.47
- net credit: $1.40
- SPX = 4070
- margin = $4500
- 0 DTE (same-day expiration)
5/17/2022 (11:22:23 am, PT)
buy back short 4115 call at $0.20 to remove the risk
let the long call expire
NET PROFIT: $116.46 (in 14 minutes!)
SPX settled at 4088.85
Options trade : SPX bearish trade
FREE OPTIONS-TRADING LESSONS HERE
3/9/2022 (10:25:17 am, PT)
buy +1 March 9, 2022 4370 call at $0.07
sell -1 March 9, 2022 4325 call at $1.37 (prob ITM 8.46%)
- net credit: $1.30
- SPX = 4286 (up 116!)
- 0 DTE (same-day expiration)
3/9/2022 (12:42:39 pm, PT)
buy back the short 4325 call at $0.05 to remove the risk
let the long call expire
SPX settled at 4277.88 (up 107.18)
NET PROFIT: $122.11 (in 2.5 hours)
Options trade : Biotech Sector ETF (XBI) bullish trade
FREE OPTIONS-TRADING LESSONS HERE
7/8/2021
sell -1 August 13, 2021 $118 put at $1.17
- prob ITM = 18%
- XBI = $131.67
- oversold
- 36 DTE
8/13/2021 (expiration)
buy back put option at $0.01 to remove the risk
NET PROFIT: $115.33
Options trade : Starbucks (SBUX) bullish trade
FREE OPTIONS-TRADING LESSONS HERE
8/10/2021
sell -1 Sept 10, 2021 $112 put at $1.09
- prob ITM 27%
- SBUX = $116.38
- oversold
- 31 DTE
9/10/2021 (expiration)
SBUX = $119.34
my short put expired perfectly
PROFIT: $109
Options trade : Ultra-VIX ETF (UVXY) bullish trade
FREE OPTIONS-TRADING LESSONS HERE
4/22/2022
sell -2 May 27, 2022 $11 puts at $0.52 (prob ITM 27%)
buy +2 May 27, 2022 $6 puts at $0.01
- net credit: $0.51
- margin: $1000
- oversold
- 35 DTE
5/13/2022
buy back the two $11 short puts at $0.03 to remove the risk
let the $6 long puts expire
NET PROFIT: $96.65
Options trade : Consumer Discretionary ETF (XLY) bullish trade
FREE OPTIONS-TRADING LESSONS HERE
8/13/2021
sell -1 Sept 17, 2021 $174 put at $1.33 (prob ITM 24%)
buy +1 Sept 17, 2021 $125 put at $0.05 (prob ITM 0.90%)
- net credit: $1.28
- oversold
- 35 DTE
- XLY = $181.29
- margin: $4900
9/2/2021
buy back the $174 short put at $0.35 to remove the risk
let the long $125 put expire
NET PROFIT: $91.02
Options trade : General Mills (GIS) earnings play
FREE OPTIONS-TRADING LESSONS HERE
6/29/2021
sell -1 July 16, 2021 $60 put at $1.51
- oversold
- 17 DTE
- GIS = $60.03
- Prob ITM = 52% (high!) <--- taking advantage of "volatility crush"
- earnings on June 30 (before market-open)
7/15/2021
buy back short put at $0.50 to remove the risk
NET PROFIT: $99.68
Options trade : Energy Sector ETF (XLE) bullish trade
FREE OPTIONS-TRADING LESSONS HERE
12/20/2021
sell -1 Jan 21, 2022 $50 put at $1.08
- oversold
- 32 DTE
- prob ITM 34%
- XLE = $52.73
12/27/2021
buy back short put to remove the risk
NET PROFIT: $86.68
Options trade : SPX bullish trade
FREE OPTIONS-TRADING LESSONS HERE
3/3/2022 (12:04 pm, PT)
sell -1 March 4, 2022 4185 put at $1.65 (prob ITM 4.29%)
buy +1 March 4, 2022 4000 put at $0.15 (prob ITM 0.38%)
- net credit: $1.50
- SPX = 4357
- 1 DTE
3/3/2022 (12:59:52 pm, PT)
buy back the entire spread at $0.60
NET PROFIT: $85.31 (in 55 minutes)
Saturday, June 18, 2022
Options trade : Starbucks (SBUX) bullish trade
FREE OPTIONS-TRADING LESSONS HERE
10/5/2021
sell -1 Nov 5, 2021 $103 put at $1.06
- oversold
- 31 DTE
- earnings on 10/28/2021
- prob ITM = 21%
- SBUX = $111
- margin: $826
10/26/2021
buy back the $103 short put at $0.28 to close the trade prior to earnings
NET PROFIT: $76.68
Options trade : JP Morgan Chase (JPM) bullish trade
FREE OPTIONS-TRADING LESSONS HERE
6/24/2021
sell -1 July 9, 2021 $147 put at $1.08 (prob ITM 24%)
buy +1 July 9, 2021 $120 put at $0.04 (prob ITM 0.90%)
- net credit: $1.04
- JPM = $152.88
- margin: $2700
- oversold
- 15 DTE
- earnings on July 13 (a.m.)
6/29/2021
buy back $147 short put at $0.28
let $120 long put expire
NET PROFIT: $74.02
Options trade : SPX bullish trade
FREE OPTIONS-TRADING LESSONS HERE
3/4/2022 (10:57 am, PT)
sell -1 March 7, 2022 4100 put at $3.60
buy +1 March 7, 2022 4035 put at $2.10
- net credit: $1.50
- SPX = 4315
- 3 DTE
3/4/2022 (12:46 pm, PT)
buy back the entire spread at $0.75
NET PROFIT: $70.04 (in TWO hours)
I got almost 50% of "max profit" in just two hours, so it's time to close the trade and not get greedy!
Options trade : Intel (INTC) bullish trade
FREE OPTIONS-TRADING LESSONS HERE
6/25/2021
sell -2 July 16, 2021 $55.50 puts at $0.80 (prob ITM 43%)
buy +2 July 16, 2021 $50.50 puts at $0.07 (prob ITM 6%)
- net credit: $0.73
- INTC = $56.10
- margin: $1000
- oversold
- earnings on 7/22/2021
- 21 DTE
7/2/2021
buy back the put spread at $0.38 to close the trade
NET PROFIT: $64.67 (in 7 days)
Options trade : ARK Innovation ETF (ARKK) bullish trade
FREE OPTIONS-TRADING LESSONS HERE
7/16/2021
sell -1 August 20, 2021 $98 put at $1.08 (prob ITM 15%)
buy +1 August 20, 2021 $60 put at $0.05 (prob ITM 1%)
- net credit: $1.03
- ARKK = $116.39
- margin: $3000
- oversold
- 35 DTE
7/28/2021
buy back the $98 short put at $0.40 to remove the risk
let the $60 long put expire on Aug 20
NET PROFIT: $61.02 (in 12 days)
On Aug 20, 2021 (expiration), ARKK closed at $115.80
Options trade : Vanguard REIT ETF (VNQ) bullish trade
FREE OPTIONS-TRADING LESSONS HERE
1/11/2022
sell -1 Feb 18, 2022 $105 put at $1.00
- oversold
- 38 DTE
- prob ITM = 25%
- VNQ = $110.48
2/18/2022 (expiration) <--- ROLL for a credit of $1.30
buy back the Feb 18, 2022 $105 put at $2.82 (debit)
sell (to open) -1 March 18, 2022 $105 put at $4.12 (credit)
3/3/2022
buy back the March 18 $105 put at $2.00 to remove the risk
The trade was heading in the wrong direction
NET PROFIT: $27.35
- 15 DTE
- VNQ = $104.90
- prob ITM = 53%
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