FREE OPTIONS TRADING LESSONS HERE.
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Saturday, July 16, 2022
Options trade : Apple (AAPL) bullish trade
Friday, July 1, 2022
Options trade : Apple (AAPL) bullish trade
FREE OPTIONS TRADING LESSONS HERE.
5/18/2022
sell -1 July 1, 2022 $115 put at $1.12
- prob ITM 12.49%
- AAPL = $141.64 (-7.60)
7/1/2022 (expiration Friday)
AAPL closed at $138.93
My short put expired perfectly
PROFIT: $112
Wednesday, June 22, 2022
Options trade : Ultra-VIX ETF (UVXY) bullish trade
FREE OPTIONS TRADING LESSONS HERE.
- prob ITM 13%
- 14 DTE
- I reused the July 1 $5 long puts ("wings") from my May 19 trade
Monday, June 20, 2022
Options trade : SPX bullish trade
FREE OPTIONS TRADING LESSONS HERE.
8/31/2021
sell -2 Sep 7, 2021 4405 put at $3.46 (prob ITM 9%)
buy +2 Sep 7, 2021 4220 put at $0.91 (prob ITM 2%)
- net credit: $2.55
- SPX = 4520
- 7 DTE
9/7/2021 (expiration)
buy back 4405 short puts at $0.05 to remove the risk
let the long puts expire
NET PROFIT: $494.22
SPX settled at 4520.03 (-15.40)
Options trade : SPX bullish trade
FREE OPTIONS TRADING LESSONS HERE.
1/26/2021
sell -1 Feb 26, 2021 3435 put at $15.01 (prob ITM 11%)
buy +1 Feb 26, 2021 3325 put at $9.96 (prob ITM 7%)
- net credit: $5.05
- margin: $5669
- overbought
- 31 DTE
2/23/2021
buy back entire spread at $0.10
NET PROFIT: $490.22
Options trade : SPX bearish trade
FREE OPTIONS TRADING LESSONS HERE.
1/27/2021
buy +1 Feb 26, 2021 4030 call at $6.39 (prob ITM 7%)
sell -1 Feb 26, 2021 3990 call at $10.94 (prob ITM 11%)
- net credit: $4.55
- margin: $3962
- SPX down over 100 points
- 30 DTE
2/25/2021
buy back call spread at $0.10
NET PROFIT: $440.22
SPX settled at 3811.15 on Feb 26 (expiration)
Options trade : SPX bullish trade
FREE OPTIONS TRADING LESSONS HERE.
9/27/2021
sell -2 Oct 1, 2021 4320 puts at $3.80 (prob ITM 9.33%)
buy +2 Oct 1, 2021 4240 puts at $1.80 (prob ITM 4%)
- net credit: $2.00
- SPX = 4441.98 (-13.50)
- 4 DTE
10/1/2021 (expiration)
buy back the 4320 short puts at $0.05 to remove the risk
let the long puts expire
NET PROFIT: $384.04
SPX settled a 4357.04 (+49.50)
Options trade : SPY bullish trade
FREE OPTIONS TRADING LESSONS HERE.
10/11/2021
sell -2 Nov 10, 2021 $406 puts at $2.13 (prob ITM 16%)
buy +2 Nov 10, 2021 $330 puts at $0.15 (prob ITM 1.18%)
- net credit: $1.98
- SPY = $436
- 30 DTE
- FOMC press conference at 11 am (PT) on 11/3/2021
11/3/2021 (10:48:35 am, PT) <--- FOMC at 11 am (PT)
buy back the $406 short puts at $0.08
let the long puts expire
I wanted to close this trade before the FOMC press conference
PROFIT: $380
Options trade : SPY bullish trade
FREE OPTIONS TRADING LESSONS HERE.
10/27/2021
sell -2 Nov 19, 2021 $436 puts at $2.06 (prob ITM 19%)
buy +2 Nov 19, 2021 $377 puts at $0.21 (prob ITM 2%)
- net credit: $1.85
- overbought
- 22 DTE
11/18/2021
buy back the $436 short puts at $0.02 to remove the risk
PROFIT: $366
Options trade : SPX bullish trade
FREE OPTIONS TRADING LESSONS HERE.
7/16/2021
sell -2 July 23, 2021 4180 puts at $4.93 (prob ITM 10%)
buy +2 July 23, 2021 4135 puts at $3.13 (prob ITM 6%)
- net credit: $1.80
- SPX = 4330 (-30)
- 7 DTE
7/23/2021 (expiration)
SPX = 4411.79 (+44.31)
all puts expired perfectly
PROFIT: $360
Options trade : ARK Innovation ETF (ARKK) bullish trade
FREE OPTIONS TRADING LESSONS HERE.
10/22/2021
buy +2 Nov 26, 2021 $107 puts at $1.49 (prob ITM 23%)
sell -4 Nov 26, 2021 $106 puts at $1.30 (prob ITM 20%)
- net credit: $1.11 x 2 x 100 = $222
- overbought
- 35 DTE
- this trade is called "ratio put spread"
11/17/2021
buy back the 2 "naked" puts ($106 strike) at $0.16 to remove the risk
11/24/2021
sell (to close) the embedded debit put spread (2 contracts) at $0.63 for an extra $126
PROFIT: $316
NOTE: On 11/26/2021 (expiration), ARKK closed at $107.12
If I had not sold (to close) the debit put spread on 11/24/2021, I would have missed out on the extra $126.
Options trade : SPY bullish trade
FREE OPTIONS TRADING LESSONS HERE.
9/16/2021
sell -2 Oct 22, 2021 $408 puts at $2.04 (prob ITM 13%)
buy +2 Oct 22, 2021 $355 puts at $0.51 (prob ITM 3.17%)
- net credit: $1.53
- SPY = 447.02
- margin: $4953
- oversold
- 36 DTE
10/21/2021
buy back $408 short puts at $0.01 to remove the risk
let the long puts expire
NET PROFIT: $301.34
Options trade : SPX bullish trade
FREE OPTIONS TRADING LESSONS HERE.
8/24/2021
sell -2 Aug 30, 2021 4380 puts at $3.30 (prob ITM 9%)
buy +2 Aug 30, 2021 4330 puts at $1.95 (prob ITM 5%)
- net credit: $1.35
- SPX = 4488 (+8.84)
- 6 DTE
8/30/2021 (expiration)
SPX = 4528.79 (+19.42)
all puts expired perfectly
PROFIT: $270
Options trade : SPX bullish trade
FREE OPTIONS TRADING LESSONS HERE.
8/26/2021
sell -1 Sep 1, 2021 4340 put at $4.94 (prob ITM 10.34%)
buy +1 Sep 1, 2021 4225 put at $2.34 (prob ITM 4.31%)
- net credit: $2.60
- SPX = 4479 (-16.80)
- 6 DTE
9/1/2021 (expiration)
SPX = 4524.09
All puts expired perfectly
PROFIT: $260
Options trade : Archer Daniels Midland (ADM) bullish trade
FREE OPTIONS TRADING LESSONS HERE.
11/5/2021
buy 100 shares of ADM stock at $64.40 (debit)
sell -1 Dec 17, 2021 $65 call at $1.46 (credit)
- net debit: $62.94
- this trade is called "buy-write" or "covered stock"
- oversold
- 42 DTE
- ADM = $64.41
- prob ITM (assignment): 42%
12/17/2021 (expiration)
ADM closed at $65.27, so I got assigned on the covered call
NET PROFIT: $205.34
I also collected a dividend of $37 on 12/7/2021
Options trade : SPY bullish trade
FREE OPTIONS TRADING LESSONS HERE.
11/19/2021
sell -2 Dec 17, 2021 $429 puts at $1.41 (prob ITM 10%)
buy +2 Dec 17, 2021 $349 puts at $0.21 (prob ITM 1.35%)
- net credit: $1.20
- SPY = $469.45
- overbought
- 28 DTE
- FOMC at 11 am, PT on 12/15/2021
12/14/2021
buy back the $429 short puts at $0.17 to remove the risk before the FOMC press conference
NET PROFIT: $202.03
Options trade : SPY bullish trade
FREE OPTIONS TRADING LESSONS HERE.
11/8/2021
sell -2 Dec 8, 2021 $443 puts at $2.10 (prob ITM 16%)
buy +2 Dec 8, 2021 $320 puts at $0.10 (prob ITM 0.64%)
- net credit: $2.00
- SPY = $469
- overbought
- 30 DTE
- margin: $9067
12/6/2021
buy back the two $443 short puts at $1.00
let the long puts expire
NET PROFIT: $196.03
Sunday, June 19, 2022
Options trade : SPX bearish trade
FREE OPTIONS TRADING LESSONS HERE.
4/27/2022
buy +1 April 29, 2022 4400 call at $0.52 (prob ITM 2%)
sell -1 April 29, 2022 4335 call at $2.47 (prob ITM 6%)
- net credit: $1.95
- SPX = 4183.92
- 2 DTE
4/29/2022
buy back the short 4335 call at $0.05 to remove the risk
let the long call expire
NET PROFIT: $187.11 (2 days)
Options trade : Netflix (NFLX) bearish trade
FREE OPTIONS TRADING LESSONS HERE.
4/27/2022
buy +1 May 27, 2022 $245 call at $1.00 (prob ITM 5.41%)
sell -1 May 27, 2022 $225 call at $2.45 (prob ITM 13%)
- net credit: $1.45
- margin: $2000
- NFLX = $190.10 (-8.30)
- oversold
- 30 DTE
5/18/2022
buy back entire call spread at $0.20
NET PROFIT: $122.34
Options trade : GameStop (GME) bullish trade
FREE OPTIONS TRADING LESSONS HERE.
6/242021
sell -1 July 2, 2021 $170 put at $2.22 (prob ITM 14%)
buy +1 July 2, 2021 $152.50 put at $1.01 (prob ITM 7%)
- net credit: $1.21
- GME = $217.81
- oversold
- 8 DTE
- margin = $1750
7/2/2021 (expiration)
buy back short $170 put at $0.01 to remove the risk
let the long put expire
NET PROFIT: $118.67 (in 8 days)