FREE OPTIONS TRADING LESSONS HERE.
8/16/2022
sell -1 August 26, 2022 $60 put at $0.18
- prob ITM: 6.33% (high probability of success)
- 10 DTE
8/26/2022 (Expiration)
USO closed at $75.85
My short put expired perfectly
PROFIT: $18
Friday, August 26, 2022
Options trading : US Oil Fund ETF (USO) bullish trade
Options trading : Alphabet (GOOGL) bullish trade
FREE OPTIONS TRADING LESSONS HERE.
8/17/2022
sell -1 August 26, 2022 $108.50 put at $0.10
prob ITM: 4.18% (high probability of success)
8/26/2022 (Expiration)
GOOGL closed at $110.05 (down $6.60!)
My short put expired perfectly
PROFIT: $10
Options trading : Conagra (CAG) bullish trade
FREE OPTIONS TRADING LESSONS HERE.
7/26/2022
sell -1 August 26, 2022 $32 put at $0.40
8/26/2022 (Expiration)
CAG closed at $34.91
My short put expired perfectly
PROFIT: $40
Thursday, August 25, 2022
Options trading : Alphabet (GOOGL) bullish trade
FREE OPTIONS TRADING LESSONS HERE.
8/4/2022
sell -1 August 19, 2022 $104 put at $0.22
- prob ITM = 6.44%
- overbought
- 15 DTE
8/19/2022 (expiration)
GOOGL = $117.21
My short put expired perfectly
PROFIT: $22
Saturday, August 13, 2022
Options trading : Consumer Discretionary Sector ETF (XLY) bearish trade
FREE OPTIONS TRADING LESSONS HERE.
5/13/2022
buy +1 June 17, 2022 $180 call at $0.28 (prob ITM 3.65%)
sell -1 June 17, 2022 $167 call at $1.34 (prob ITM 14.69%)
- net credit: $1.06
- XLY = $150.87 (+4.32)
- margin: $1300
- 35 DTE
6/17/2022 (Expiration)
XLY = $136.10
My call spread expired perfectly
PROFIT: $106
Options trading : Consumer Discretionary Sector ETF (XLY) bearish trade
FREE OPTIONS TRADING LESSONS HERE.
5/25/2022 (11:02 am, PT) 🠄 2 minutes after FOMC minutes were released
buy +1 July 1, 2022 $168 call at $0.35 (prob ITM 5%)
sell -1 July 1, 2022 $156 call at $1.45 (prob ITM 16%)
- net credit: $1.10
- XLY = $141.80 (+3.98)
- Margin: $1200
- 37 DTE
- FOMC minutes at 11 am (PT)
6/13/2022
buy back entire call spread at $0.50 (debit) 🠜 🠜 50% of "max profit"
I usually close my spreads when my profit reaches 50% of "max profit"
It is NEVER a good idea to hold these types of trades all the way until expiration!
PROFIT: $60
Options trading : Amazon (AMZN) Earnings Play
FREE OPTIONS TRADING LESSONS HERE.
7/28/2022 (11:56:32 pm, PT)
sell -1 August 5, 2022 $101 put at $0.24
- earnings on 7/28 after market close
- 8 DTE
- prob ITM: 5.40%
- AMZN = $122.32
- market maker move = up/down $7.28
8/5/2022 (Expiration)
AMZN = $140.80
My short put expired perfectly
PROFIT: $24
Options trading : US Oil Fund ETF (USO) bullish trade
FREE OPTIONS TRADING LESSONS HERE.
8/5/2022
sell -1 August 12, 2022 $45 put at $0.02
- prob ITM: 1.21%
- 7 DTE
8/12/2022 (Expiration)
USO = $74.99
My short put expired perfectly
PROFIT: $2.00
Friday, August 12, 2022
Options trading : Alphabet (GOOGL) bullish trade
FREE OPTIONS TRADING LESSONS HERE.
8/5/2022
sell -1 August 12, 2022 $106 put at $0.05
- prob ITM: 2.72%
- GOOGL = $117
- 7 DTE
8/12/2022 (Expiration)
GOOGL = $121.51
My short put expired perfectly
PROFIT: $5
Options trade : Amazon (AMZN) bullish trade
FREE OPTIONS TRADING LESSONS HERE.
8/8/2022
sell -1 August 12, 2022 $126 put at $0.11
- prob ITM: 4%
- 4 DTE
8/12/2022 (Expiration)
AMZN = $143.55
My short put expired perfectly
PROFIT: $11
Friday, August 5, 2022
Options trade : Amazon (AMZN) bullish "earnings play"
FREE OPTIONS TRADING LESSONS HERE.
7/28/2022 (11:56 pm, PT)
sell -1 August 5, 2022 $101 put at $0.24
- earnings announcement on 7/28
- prob ITM = 5.40%
- AMZN = $122.32
- "market maker move" = up/down $7.28
- 8 DTE
8/5/2022 (expiration Friday)
AMZN closed at $140.80
My short put expired perfectly
PROFIT: $24
NOTE: If I had bought 100 shares of AMZN stock instead of selling a put option, I would have made a lot more money! Oh well . . . 😒
Options trade : Alphabet (GOOGL) bullish trade
FREE OPTIONS TRADING LESSONS HERE.
7/28/2022
sell -1 August 5, 2022 $103 put at $0.10
- prob ITM: 5%
- GOOGL = $113.56
- 8 DTE
8/5/2022 (expiration Friday)
Alphabet ("Google") closed at $117.47
My short put expired perfectly
PROFIT: $10
Friday, July 29, 2022
Options trade : Campbell Soup (CPB) bullish trade
FREE OPTIONS TRADING LESSONS HERE.
6/16/2022
sell -1 July 29, 2022 $43 put at $0.95
- prob ITM = 34%
- CPB = $45.31
- oversold
- 43 DTE
7/29/2022 (Expiration)
CPB closed at $49.35
My short put expired perfectly
PROFIT: $95
Options trade: Archer Daniels Midland Co (ADM) bullish trade
FREE OPTIONS TRADING LESSONS HERE.
7/13/2022
sell -1 July 29, 2022 $66 put at $0.60
- prob ITM = 17.65%
- ADM = $72.80
- earnings on July 26 before market open
- oversold
- 16 DTE
7/29/2022 (Expiration)
ADM closed at $82.77
My short put expired perfectly
PROFIT: $60
Saturday, July 16, 2022
Options trade : Apple (AAPL) bullish trade
FREE OPTIONS TRADING LESSONS HERE.
5/18/2022
Fig. 1
Why did I place this bullish trade? (Fig. 1 above)
Because AAPL was "oversold" (bottom of slow stochastics) (Fig. 2 below)
Fig. 2
On July 15, 2022 (expiration), AAPL closed at $150.17, so my short put option expired perfectly.
PROFIT: $104
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.
6/13/2022
sell -4 July 1, 2022 $12.50 puts at $0.22
- prob ITM 13%
- 14 DTE
- I reused the July 1 $5 long puts ("wings") from my May 19 trade
6/21/2022
buy back $12.50 short puts at $0.09 to remove the risk
let the long puts expire
PROFIT: $52
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)
Subscribe to:
Posts (Atom)