FREE OPTIONS TRADING LESSONS HERE.
11/17/2022
sell -1 Dec 2, 2022 $83 put at $0.42 (credit)
- probability ITM (assignment): 10.73%
- AMZN = $94.78
- 15 DTE
12/2/2022 (expiration)
AMZN closed at $94.10
my short put expired perfectly
PROFIT: $42
Friday, December 2, 2022
Options trading : Amazon (AMZN) bullish trade
Options trading : US Oil Fund ETF (USO) bullish trade
FREE OPTIONS TRADING LESSONS HERE.
11/23/2022
sell -1 Dec 2, 2022 $58 put at $0.19 (credit)
- probability ITM (assignment): 7.65%
- USO = $67.38
- 9 DTE
12/2/2022 (expiration)
USO closed at $69.84
my short put expired perfectly
PROFIT: $19
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Friday, November 25, 2022
Options trading : US Oil Fund ETF (USO) semi-bullish trade
FREE OPTIONS TRADING LESSONS HERE.
11/21/2022
sell (to open) -1 Nov 25, 2022 $65 put at $0.26 (credit)
- 4 DTE
- probability ITM (assignment): 14%
11/25/2022 (expiration)
USO closed at $66.96
my short put expired perfectly
PROFIT: $26
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Options trading : US Oil Fund ETF (USO) semi-bullish trade
FREE OPTIONS TRADING LESSONS HERE.
11/16/2022
sell -1 Nov 25, 2022 $66 put at $0.23 (credit)
- probability ITM (assignment): 11%
- USO = $72.04
- 9 DTE
- max profit: $23
11/25/2022 (expiration)
buy back short put at $0.01 (debit)
PROFIT: $22
COMMENTS:
I decided to buy back my put because USO dipped down to $66.80 at one point.
At 10 am (PT) (expiration), USO closed at $66.96, so my short put would have been fine.
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Tuesday, November 22, 2022
Options trading : SPX semi-bearish trade
FREE OPTIONS TRADING LESSONS HERE.
11/3/2022 (12:57:37 pm, PT)
buy +1 Nov 4, 2022 3925 call at $0.07 (debit)
sell -1 Nov 4, 2022 3835 call at $1.27 (credit) 🠈🠈 probability ITM 4.45%
- net credit: $1.20
- SPX = 3718
- 1 DTE
11/4/2022 (8:34:48 am, PT) 🠈🠈 expiration
buy back short call (3835 strike) at $0.05 to remove the risk
PROFIT: $115 (in 1 day)
NOTE:
- at 7:41 am (PT), SPX hit a high of 3796.34 (not good)
- at the close, SPX settled at 3770.55 (+50.66 points)
Options trading : Amazon (AMZN) semi-bullish trade
FREE OPTIONS TRADING LESSONS HERE.
11/1/2022
sell -1 Nov 18, 2022 $83 put at $0.48
- 16 DTE
- oversold
- probability ITM (assignment): 11%
- AMZN = $96.60
11/18/2022 (expiration)
AMZN closed at $94.14
My short put expired perfectly
PROFIT: $48
Options trading : US Oil Fund ETF (USO) semi-bullish trade
FREE OPTIONS TRADING LESSONS HERE.
10/28/2022
sell -1 Nov 4, 2022 $68 put at $0.23
- probability ITM (assignment): 12%
- 7 DTE
11/4/2022 (expiration)
USO closed at $76.82 (+ 3.53)
My short put expired "worthless"
PROFIT: $23
Options trading : US Oil Fund ETF (USO) semi-bullish trade
FREE OPTIONS TRADING LESSONS HERE.
11/15/2022
sell -1 Nov 18, 2022 $69 put @ $0.17
- probability ITM (assignment): 11% (low)
- USO: $73.26
- 3 DTE
11/18/2022 (expiration)
USO closed at $69.03! (just 3 cents above my strike price!!)
My short put expired "worthless"
PROFIT: $17
NOTE: It was totally crazy at the end. The "bid" was $0.03 and the "ask" was $0.09 with just seconds remaining until the closing bell. My buy-to-close limit order of $0.01 never filled! Because USO kept hovering around my strike price of $69, I was willing to take the assignment. That's the reason I refused to spend $9 to buy back my short put option.
Options trading : Alphabet (GOOGL) semi-bullish trade
FREE OPTIONS TRADING LESSONS HERE.
10/31/2022
sell -1 Nov 4, 2022 $89 put at $0.22 (credit)
- probability ITM (assignment): 11%
- GOOGL: $94.55
- 4 DTE
11/4/2022 (expiration) 🠈🠈 ROLL
buy (to close) 1 Nov 4 $89 put at $3.64
sell (to open) -1 Nov 18 $89 put at $4.69
net credit: $1.05
Total credits received so far: $1.27
NOTE: I rolled my Nov 4 $89 put because I changed my mind regarding assignment. I just wanted to give my trade two more weeks of time and collect another credit.
11/10/2022 (6:30 am, PT) 🠈🠈 8 DTE
buy back Nov 18 $89 put at $0.84 (debit)
NET PROFIT: $40.35
NOTE: I decided to buy back the Nov 18 put because I wanted to close the trade before expiration and walk away with a small profit. The Universe gave me a second chance (i.e., GOOGL rose) so I took it.
Options trading : ARK Innovation ETF (ARKK) semi-bearish trade
FREE OPTIONS TRADING LESSONS HERE.
11/17/2022
sell -3 Nov 25, 2022 $41 calls at $0.14
- 8 DTE
- probability of success: 90%
- ARKK = $37.24
11/22/2022
buy back all 3 short calls at $0.01 to remove the risk of assignment
PROFIT: $39 (in 5 days)
Thursday, November 3, 2022
Options trading : SPX credit call spread (bearish)
FREE OPTIONS TRADING LESSONS HERE.
11/2/2022 (12:58:13 pm, PT)
buy +1 Nov 3, 2022 4020 call at $0.07 (debit)
sell -1 Nov 3, 2022 3870 call at $1.12 (credit) 🠈🠈 prob ITM 4.30%
- net credit: $1.05 ($105 per spread)
- SPX = 3764.58 (- 91.52) 🠈🠈 Wall Street reacted negatively after FOMC
- 1 DTE
11/3/2022 (6:30:16 am, PT) 🠈🠈 expiration
buy back the 3870 short call at $0.05 (debit)
PROFIT: $100 (in one day)
Wednesday, November 2, 2022
Options trading : Kimberly Clark (KMB) semi-bullish trade
FREE OPTIONS TRADING LESSONS HERE.
8/29/2022
sell -1 Oct 21, 2022 $120 put at $1.30 (credit)
10/21/2022 (exp) 🠈🠈 ROLL
Why Roll?
- KMB dropped to $113.96 (my put was ITM)
- my friend did not want to get assigned
- my friend wanted to collect another credit
Here's the roll:
buy (to close) the Oct 21, 2022 $120 put at $6.35 (debit)
sell (to open) a Nov 18, 2022 $120 put at $7.15 (credit)
Roll for a net credit of $0.80
Credits collected so far: $1.30 + $0.80 = $2.10
Translation:
If I buy back the Nov 18 put at $2.10, I will break even.
If I buy back the Nov 18 put for less than $2.10, I will have a profit.
10/31/2022 (12:26 pm, PT) 🠈🠈 18 DTE
buy back the Nov 18 $120 put at $0.80 (debit) and take profits
Reasons for closing the trade:
- KMB was "overbought" again
- I was able to buy back the short put for less than $2.10
- take profits
Friday, October 28, 2022
Options trading : Alphabet (GOOGL) semi-bullish trade
FREE OPTIONS TRADING LESSONS HERE.
9/21/2022 (12:03 pm, PT)
sell -1 Sept 23, 2022 $101 put at $1.00 (credit)
- prob ITM: 39% (a bit high)
- GOOGL = $102
- 2 DTE
- FOMC press conference at 11 am, PT
9/23/2022 (expiration) (ROLL #1)
roll Sept 23 $101 put to Sept 30 for $1.00 (credit)
9/29/2022 (1 DTE) (ROLL #2)
roll Sept 30 $101 put to Oct 7 for $0.72 (credit)
NOTES: I decided to roll on Sept 29 (1 day before exp) because my "extrinsic" value was getting too low and I did not want to get assigned.
10/7/2022 (expiration) (ROLL #3)
roll Oct 7 $101 put to Oct 14 for $1.12 (credit)
10/14/2022 (expiration) (ROLL #4)
roll Oct 14 $101 put to Oct 21 for $0.65 (credit)
TOTAL CREDITS RECEIVED SO FAR: $4.49
10/21/2022 (expiration)
buy back the Oct 21 $101 put at $0.10 and take PROFITS!
PROFIT: $439 (in 4 weeks)
Side note: GOOGL closed at $101.13 on Oct 21 (so close . . .)
Options trading : Amazon (AMZN) earnings play (semi-bullish)
FREE OPTIONS TRADING LESSONS HERE.
10/27/2022 (12:33:27 pm, PT)
sell -1 Oct 28, 2022 $85 put at $0.24 (credit)
- earnings announcement at 1 pm, PT today (Oct 27)
- AMZN = $111.30
- prob ITM = 4.69%
- 1 DTE
- market maker move = up/down $11
10/28/2022 (expiration)
AMZN closed at $103.41 (see NOTES below)
My short put expired perfectly
PROFIT: $24
NOTES:
Right after the earnings numbers were released on Oct 27, AMZN plunged all the way from $103.41 to $87.59!! (after-hours market)
Today (expiration), AMZN rallied back up to $103.41. Amazing.
Options trading : Alphabet (GOOGL) earnings play (semi-bullish)
FREE OPTIONS TRADING LESSONS HERE.
10/24/2022
sell -1 Oct 28, 2022 $93 put at $0.70 (credit)
- earnings announcement on Oct 25
- 4 DTE
- prob ITM: 17%
- GOOGL = $101.66
10/28/2022 (expiration)
GOOGL closed at $96.29 (see Notes below)
My short put expired perfectly
PROFIT: $70
NOTES:
During the after-hours market yesterday (Oct 27), GOOGL traded as low as $90.38. That was NOT fun! However, today (expiration) GOOGL rallied back up!
Options trading : Amazon (AMZN) earnings play (semi-bullish)
FREE OPTIONS TRADING LESSONS HERE.
10/26/2022 (12:40:40 pm, PT)
sell -1 Oct 28, 2022 $104 put at $0.70
- earnings on Oct 27 after 1 pm, PT
- 2 DTE
10/28/2022 (expiration)
AMZN closed at $103.41
Got assigned 100 shares of AMZN at $104/share
Options trading : Apple (AAPL) earnings play (semi-bullish)
FREE OPTIONS TRADING LESSONS HERE.
10/27/2022 (12:38 pm, PT)
sell -1 Oct 28, 2022 $130 put at $0.48 (credit)
- earnings announcement at 1 pm, PT on Oct 28 (the next day)
- 1 DTE
- AAPL = $145.11
- prob ITM = 10%
- market maker move: up/down $7.71
10/28/2022 (expiration)
AAPL closed at $155.74 (up $11!!)
My short put expired perfectly
PROFIT: $48 (in 1 day)
Options trading : Alphabet (GOOGL) earnings play (semi-bullish)
FREE OPTIONS TRADING LESSONS HERE.
10/25/2022 (12:31:26 pm, PT)
sell -1 Oct 28, 2022 $95 put at $0.53
- earnings announcement at 1 pm, PT today
- prob ITM: 13.51%
- GOOGL = $104.60
- market maker move: up/down $5.90
- 3 DTE
10/28/2022 (11:35:50 am, PT) 🠈🠈 Expiration
buy back the short put at $0.02 to remove the risk of assignment
PROFIT: $51 (in 3 days)
Options trading : US Oil Fund ETF (USO) semi-bullish trade
FREE OPTIONS TRADING LESSONS HERE.
10/24/2022
sell -1 Oct 28, 2022 $66 put at $0.22 (credit)
- prob ITM (assignment): 13%
- USO = $70.22
10/28/2022 (expiration)
USO closed at $72.82
My short put expired perfectly
PROFIT: $22 (in 4 days)
Thursday, October 27, 2022
Options trading : Alphabet (GOOGL) semi-bullish trade
FREE OPTIONS TRADING LESSONS HERE.
8/29/2022
sell -1 Oct 21, 2022 $100 put at $2.25 (credit)
- prob ITM (assignment) = 27%
10/21/2022 (12:03 pm, PT) 🠈 expiration
buy back the short put at $0.10 to remove the risk of assignment
PROFIT: $215
NOTES:
GOOGL closed at $101.13 (too close for comfort . . . that's the reason I chose to spend $10 to buy back my short put)
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