FREE OPTIONS TRADING LESSONS HERE.
FREE OPTIONS TRADING LESSONS HERE.
9/13/2022
sell -1 Oct 21, 2022 $93 put at $1.03
10/21/2022 (expiration)
GOOGL closed at $101.13
My short put expired perfectly
PROFIT: $103
FREE OPTIONS TRADING LESSONS HERE.
FREE OPTIONS TRADING LESSONS HERE.
10/7/2022
sell -1 Oct 14, 2022 $91 put at $0.28
10/14/2022 (Expiration Friday)
GOOGL closed at $96.56
my put expired perfectly
PROFIT: $28
FREE OPTIONS TRADING LESSONS HERE.
10/10/2022
sell -1 Oct 14, 2022 $89 put at $0.11
10/14/2022 (Expiration Friday)
GOOGL closed at $96.56
my put expired perfectly
PROFIT: $11
FREE OPTIONS TRADING LESSONS HERE.
10/7/2022
sell -1 Oct 14, 2022 $69 put at $0.24
10/14/2022 (Expiration Friday)
buy back short put at $0.01 to remove the risk
PROFIT: $23
FREE OPTIONS TRADING LESSONS HERE.
10/11/2022 (12:58:56 pm, PT)
buy +1 Oct 12, 2022 3775 call at $0.05
sell -1 Oct 12, 2022 3630 call at $8.30 (prob ITM 24% ) 🠈 HIGH!!
10/12/2022 (6:30:10 am, PT) 🠈 expiration
I bought back the short call at $7.00 right at the Opening Bell.
PROFIT: $125
I decided I was OK with a quick profit of $125 since the FOMC would be releasing its minutes at 11 am (PT). We never know how Wall Street will react to those minutes, so it's much better to close profitable trades before the event.
NOTE:
SPX settled at 3577.03, so I could have made $825 in one day if I had left my trade open. BUT . . . like I said, sometimes it's just not worth the risk.
FREE OPTIONS TRADING LESSONS HERE.
8/31/2022
sell -1 Oct 21, 2022 $67.50 put at $0.65 (credit)
10/1/2022 (9 DTE)
buy back short put at $0.15 to take profits and remove the risk
PROFIT: $50
FREE OPTIONS TRADING LESSONS HERE.
9/29/2022
sell -1 Oct 7, 2022 $87 put at $0.27
10/7/2022 (expiration)
GOOGL closed at $98.68
my short put expired perfectly
PROFIT: $27
FREE OPTIONS TRADING LESSONS HERE.
9/30/2022
sell -1 Oct 7, 2022 $59 put at $0.22
10/7/2022 (expiration)
USO closed at $75.42
my short put expired perfectly
PROFIT: $22
FREE OPTIONS TRADING LESSONS HERE.
9/30/2022
sell -1 Oct 7, 2022 $59 put at $0.20
10/7/2022 (expiration)
USO closed at $75.42
My short put expired perfectly
PROFIT: $20
FREE OPTIONS TRADING LESSONS HERE.
10/4/2022 (10:18:57 am, PT)
sell -1 Oct 4, 2022 3705 put at $1.00 (credit) 🠈 prob ITM 7% (risk)
buy +1 Oct 4, 2022 3605 put at $0.05 (debit)
10/4/2022 (expiration)
SPX closed (settled) at 3790.93
my put spread expired perfectly
PROFIT: $95
FREE OPTIONS TRADING LESSONS HERE.
10/6/2022 (11:03:55 am, PT) 🠈 Expiration
sell -1 Oct 6, 2022 3710 put at $0.50 (credit) 🠈 prob ITM 4.33% (risk)
buy +1 Oct 6, 2022 3655 put at $0.05 (debit)
net credit: $0.45 ($45 for one spread)
10/6/2022 (12:30 pm, PT)
buy back 3710 short put at $0.05 to remove the risk
let the 3655 long put expire worthless
PROFIT: $40
FREE OPTIONS TRADING LESSONS HERE.
Fri. 10/7/2022 (10:45:48 am, PT) 🠈 Expiration Friday
buy +1 Oct 7, 2022 3765 call at $0.05 (debit)
sell -1 Oct 7, 2022 3700 call at $0.55 (credit)
net credit: $0.50 ($50 for one contract)
Comments:
★ I placed a bearish trade because SPX gapped down at the Opening Bell and the intraday trend was clearly bearish
★ I went pretty far OTM because sometimes the markets will reverse after a morning selloff
★ I placed my bearish trade when the intraday stochastics were in the "overbought" region (see chart below)
Fri. 10/7/2022 (expiration)
SPX closed (settled) at 3639.84 (-104.68)
My call spread expired perfectly
PROFIT: $50 (in 2.25 hours)
FREE OPTIONS TRADING LESSONS HERE.
10/3/2022 (9:54 am, PT)
sell -1 Oct 3, 2022 3575 put at $0.50 (prob ITM 3%)
buy +1 Oct 3, 2022 3500 put at $0.05
10/3/2022 (expiration)
SPX settled at 3678
my put spread expired perfectly
PROFIT: $45 (in 3 hours)
NOTE: When I placed my trade at 9:54 am, I could tell that SPX was going to keep rising today. Thus, I could have chosen a short put that was closer "to the money" (i.e., higher strike price) OR I could have sold more contracts. However, in the end, I chose to play it safe and opted for a relatively easy trade with a high probability for success.
FREE OPTIONS TRADING LESSONS HERE.
9/30/2022 (9:11:50 am, PT)
sell -1 Sep 30, 2022 3560 put at $1.05 (prob ITM 5.35%)
buy +1 Sep 30, 2022 3475 put at $0.05
9/30/2022 (12:28:57 pm, PT)
buy back the 3560 short put at $0.50 to remove the risk
PROFIT: $50
FREE OPTIONS TRADING LESSONS HERE.
9/23/2022
sell -1 Sep 30, 2022 $59 put at $0.26
7 DTE
9/30/2022 (expiration)
USO closed at $65.28
my short put expired perfectly
PROFIT: $26
FREE OPTIONS TRADING LESSONS HERE.
9/21/2022 (12:32 pm, PT)
sell -1 Sep 30, 2022 $90 put at $0.25
9/30/2022 (expiration)
GOOGL closed at $95.77
my short put expired perfectly
PROFIT: $25
FREE OPTIONS TRADING LESSONS HERE.
7/28/2022 (11:56 am, PT)
sell -1 Aug 5, 2022 $101 put at $0.24
8/5/2022 (expiration)
AMZN closed at $140.80
My short put expired perfectly
PROFIT: $24
FREE OPTIONS TRADING LESSONS HERE.
9/16/2022
sell -1 Sep 23, 2022 $64 put at $0.25
9/23/2022
buy back my short put at $0.03 to remove the risk of assignment
PROFIT: $22