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Monday, March 6, 2023

Options trading : US Oil Fund ETF (USO) semi-bullish trade

     GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.


2/27/2023

sell -1 March 10, 2023 $61 put at $0.25 (credit)

  • 11 DTE
  • USO = $66.27
  • probability ITM/assignment: 12.35% (low)


3/16/2023 (12:25 pm, PT)

with 4 days left until expiration, I decided to buy back my short put, take my profits and remove the risk of assignment.

I bought back my put for $0.01 (debit)

PROFIT:  $24 (in 7 days)


 GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.

Friday, March 3, 2023

Options trading : US Oil Fund ETF (USO) semi-bullish trade

    GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.



1/30/2023

sell -1 Feb 3, 2023 $66 put at $0.40 (credit)
  • 4 DTE


2/3/2023 (expiration)

At 7:27 am (PT), I bought back my short put at $0.01 (debit).

It's a good thing I did that because at expiration, USO closed at $64.40 (below my strike price!).

PROFIT:  $39



Options trading : Alphabet (GOOGL) semi-bullish trade

    GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.



2/22/2023

sell -1 March 3, 2023 $85 put at $0.23 (credit)
  • GOOGL = $91.67
  • 10 DTE
  • prob ITM/assignment:  10% (low)


3/3/2023 (expiration)

GOOGL closed at $93.65
my short put expired perfectly

PROFIT:  $23





Options trading : Alphabet (GOOGL) semi-bullish trade

    GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.



2/3/2023

sell -1 March 3, 2023 $88 put at $0.24 (credit)
  • GOOGL = $104.38 (-3.36)
  • prob ITM/assignment = 6%
  • 28 DTE


3/2/2023 (1 DTE)

buy back short put at $0.01 to remove the risk

PROFIT:  $23





Options trading : Amazon (AMZN) semi-bullish trade

    GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.



2/21/2023 

sell -1 March 3, 2023 $85 put at $0.22 (credit)
  • AMZN = $94.57 (-2.63)
  • "oversold"
  • 10 DTE
  • prob ITM/assignment: 8% (very low)


3/3/2023 (expiration)

AMZN closed at $94.90
my short put expired perfectly

PROFIT:  $22

Options trading : Alphabet (GOOGL) semi-bullish trade

    GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.



2/21/2023

sell -1 March 3, 2023 $83 put at $0.17 (credit)
  • GOOGL = $92.08 (-2.26)
  • prob ITM/assignment:  6.76% (very low)
  • 10 DTE


3/3/2023 (expiration)

GOOGL closed at $93.65
My short put expired perfectly

PROFIT:  $17

Options trading : US Oil Fund ETF (USO) semi-bullish trade

    GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.



2/21/2023

sell -1 March 3, 2023 $60.50 put at $0.14 (credit)
  • prob ITM/assignment: 8.49% (high probability of success)
  • USO = $67
  • 10 DTE


3/3/2023 (expiration)

USO closed at $69.86
my short put expired perfectly

PROFIT:  $14







Friday, February 24, 2023

Options trading : US Oil Fund ETF (USO) semi-bullish trade

    GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.


2/3/2023

sell -1 Feb 24, 2023 $58 put at $0.45
  • USO = $64.59
  • prob ITM/assignment: 17%
  • 21 DTE
  • "oversold"


2/24/2023 (expiration)

USO closed at $67.10

my short put expired perfectly

PROFIT:  $45


Options trading : Amazon (AMZN) semi-bullish trade

    GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.


2/9/2023

sell -1 Feb 24, 2023 $83 put at $0.22
  • prob ITM/assignment:  6%
  • AMZN = $97.93
  • 15 DTE


2/24/2023 (expiration)

AMZN closed at $93.50

my short put expired perfectly

PROFIT:  $22





Options trading : Alphabet (GOOGL) semi-bullish trade

    GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.


2/10/2023

sell -1 Feb 24, 2023 $80 put at $0.11
  • prob ITM/assignment:  4%
  • GOOGL =  $94.44
  • 14 DTE


2/24/2023 (expiration)

GOOGL closed at $89.13
My short put expired perfectly

PROFIT:  $11

Friday, February 10, 2023

Options trading : Alphabet (GOOGL) semi-bullish trade

    GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.


1/24/2023

sell -1 Feb 3, 2023 $83 put at $0.15

  • GOOGL = $98.57
  • prob ITM/assignment: 4.46%
  • 10 DTE
  • earnings on 2/2/2023 after the closing bell


2/3/2023 (Expiration)

GOOGL closed at $104.74

My short put expired perfectly

PROFIT: $15


   GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.

Options trading : Alphabet (GOOGL) semi-bullish trade

    GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.


1/24/2023

sell -1 Feb 3, 2023 $83 put at $0.16

  • 10 DTE
  • earnings on 2/2/2023 after the closing bell
  • GOOGL = $98.04
  • prob ITM/assignment: 4.89%


2/3/2023 (Expiration)

GOOGL closed at $104.74

PROFIT:  $16


   GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.

Options trading : Alphabet (GOOGL) semi-bullish trade

    GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.


1/30/2023 

sell -1 Feb 3, 2023 $87 put at $0.22

  • prob ITM/assignment: 7.75%
  • GOOGL = $97.22
  • 4 DTE
  • earnings on 2/2/2023 after the closing bell


2/3/2023 (Expiration)

GOOGL closed at $104.74

My short put expired perfectly

PROFIT:  $22


   GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.


Options trading : US Oil Fund ETF (USO) semi-bullish trade

    GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.


2/3/2023 (12:21 pm, PT)

sell -1 Feb 10, 2023 $60 put at $0.22

  • USO = $64.43 (-2.14)
  • prob ITM/assignment: 12.79%
  • 7 DTE
  • oversold


2/10/2023 (Expiration)

USO closed at $69.87

My short put expired perfectly

PROFIT: $22


   GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.

Options trading : US Oil Fund ETF (USO) semi-bullish trade

    GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.


2/3/2023 (12:58:34 pm, PT)

sell -1 Feb 10, 2023 $59 put at $0.15


2/10/2023 (Expiration)

USO closed at $69.87

My short put expired perfectly.

PROFIT: $15


   GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.


Options trading : US Natural Gas ETF (UNG) semi-bullish trade

    GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.


2/3/2023 (12:45:50 pm, PT)

sell -1 Feb 10, 2023 $6.50 put at $0.03

  • prob ITM/assignment: 8%
  • UNG = $8.22 (-0.16)
  • 7 DTE
  • oversold

Why did I place this trade?

Because I wanted to get assigned 100 shares at $6.50/share so I could implement "The Wheel" strategy.


2/10/2023 (Expiration)

UNG closed at $8.79

PROFIT:  $3.00

I did not get assigned the 100 shares, but I still got paid $3.00 for waiting.


   GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.

Options trading : Amazon (AMZN) semi-bullish trade

    GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.


2/3/2023 (12:59:37 pm, PT)

sell -1 Feb 10, 2023 $85 put at $0.03


Why did I place this trade?

Because I wanted the opportunity to buy 100 shares of AMZN at $85/share.

This is called "assignment."


2/10/2023 (Expiration)

AMZN closed at $97.61.

PROFIT: $3.00


I did not get assigned the 100 shares, but I still got paid $3.00 for waiting.


   GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.

Friday, January 27, 2023

Options trading : Tesla (TSLA) earnings play

   GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.


1/25/2023 (12:45:29 pm, PT)  🠈🠈  earnings release at 1 pm (PT)

sell -1 Jan 27, 2023 $114 put at $0.25 (credit)

  • the "market maker move" was up/down $11.45 post-earnings
  • TSLA = $144.54
  • I sold a put that was more than twice the "market maker move"
  • I was OK with buying 100 shares at $114/share
  • prob ITM/assignment: 4.19% (very, very low)
  • 2 DTE 
  • earnings after closing bell on Jan 25


1/27/2023 (exp)

TSLA closed at $178.31

My short put expired perfectly

PROFIT:  $25 (2 days)


  GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.

Options trading : Amazon (AMZN) semi-bullish trade

   GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.


1/19/2023

sell -1 Jan 27, 2023 $85 put at $0.20 (credit)

  • 8 DTE
  • prob ITM/assignment = 7.80% (low)
  • AMZN = $94


1/27/2023 (exp)

AMZN closed at $102.15

my short put expired perfectly

PROFIT: $20


  GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.

Options trading : US Oil Fund ETF (USO) semi-bullish trade

   GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.


1/23/2023 

sell -1 Jan 27, 2023 $68 put at $0.13 (credit)

  • prob ITM/assignment = 10% (low)
  • 4 DTE


1/27/2023 (exp)

USO closed at $69.50

my short put expired perfectly

PROFIT:  $13


  GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.