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Friday, August 26, 2022

Options trading : Alphabet (GOOGL) Earnings Play (bullish trade)

  GET WEEKLY TRADE IDEAS.

FREE OPTIONS TRADING LESSONS HERE.


7/26/2022 (12:54:37 pm, PT)

sell -1 August 26, 2022 $90 put at $1.15

  • oversold
  • earnings release at 1 pm (PT) on 7/26
  • prob ITM: 16.78%
  • GOOGL = $104.985 (-2.525)


8/26/2022 (Expiration)

GOOGL closed at $110.12 (down 6.53!)

My short put expired perfectly

PROFIT:  $115


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

  GET WEEKLY TRADE IDEAS.

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





Options trading : Alphabet (GOOGL) bullish trade

 GET WEEKLY TRADE IDEAS.

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

 GET WEEKLY TRADE IDEAS.

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

 GET WEEKLY TRADE IDEAS.

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

 GET WEEKLY TRADE IDEAS.

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

 GET WEEKLY TRADE IDEAS.

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

 GET WEEKLY TRADE IDEAS.

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

 GET WEEKLY TRADE IDEAS.

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

 GET WEEKLY TRADE IDEAS.

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

 GET WEEKLY TRADE IDEAS.

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"

 GET WEEKLY TRADE IDEAS.

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

 GET WEEKLY TRADE IDEAS.

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

 GET WEEKLY TRADE IDEAS.

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

 GET WEEKLY TRADE IDEAS.

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

 GET WEEKLY TRADE IDEAS.

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

 GET WEEKLY TRADE IDEAS.

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

 GET WEEKLY TRADE IDEAS.

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

 GET WEEKLY TRADE IDEAS.

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

 GET WEEKLY TRADE IDEAS.

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