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Wednesday, July 29, 2020

Options trade: How to sell put options | Carnival (CCL)

Mon. 7/13/2020 (12:49:06 pm, PT)

sell (to open) -1 August 21, 2020  $15 put at $2.00

Stats:

  • probability ITM:  54% ("at-the-money")
  • stochastics "oversold"
  • 39 days 'til expiration (DTE)


Tue. 7/28/2020 (10:53:37 am, PT)

buy (to close) put at $1.65

NET PROFIT:  $33.66


Tuesday, July 21, 2020

Options trade: How to sell put options | Coca Cola (KO)

Thu. 7/9/2020 (12:02:06 pm, PT)

sell (to open) -2 August 21, 2020  $40 puts at $0.53

Stats:

  • probability ITM:  22%
  • stochastics "oversold"
  • 43 days 'til expiration (DTE)
  • earnings release on July 21, 2020 before Market Open


Mon. 7/20/2020 (11:51:44 pm, PT)

buy (to close) put at $0.16

Stats:

  • stochastics "overbought"
  • 32 DTE
  • earnings release on July 21 (the next morning)

NET PROFIT:  $71.34


Monday, July 20, 2020

Options trade: How to sell put options | Coca Cola (KO)

Tue. 6/16/2020 (12:13:09 pm, PT)

sell (to open) -2 July 24, 2020 $43 puts at $0.65

Stats:

  • probability ITM:  26%
  • stochastics "oversold"
  • 38 days 'til expiration (DTE)


Mon. 7/20/2020 (11:32:10 am, PT)

buy (to close) puts at $0.10

Stats:

  • stochastics "overbought"
  • 4 DTE
  • earnings release on July 21 a.m.

NET PROFIT:  $107.34




Friday, July 17, 2020

Options trade: How to sell put options | Coca Cola (KO)

Wed. 6/24/2020

sell (to open) -1 July 17, 2020  $42 put at $0.50

Stats:
  • probability ITM:  25%
  • stochastics "oversold"
  • 23 days 'til expiration (DTE)


Fri. 7/17/2020 (Expiration)

KO at $46.82
Let short put option expire

NET PROFIT:  $49.33

Learn to trade options.

Options trade: How to sell put options | MGM (MGM)

Tue. 6/23/2020 (12:21:44 pm, PT)

sell (to open) -2 July 17, 2020  $15 puts at $0.38

Stats:

  • probability ITM:  21.44%
  • stochastics "overbought"
  • 24 days 'til expiration (DTE)


Fri. 7/17/2020 (6:55:04 pm, PT) 🠔  Expiration

buy back puts at $0.01

NET PROFIT:  $72.64


Thursday, July 16, 2020

Options trade: How to sell put options | Financial Sector ETF (XLF)

Tue. 7/7/2020 

sell (to open) -1 August 14, 2020  $20.50 put at $0.34

Stats:
  • probability ITM:  22.88%
  • stochastics "oversold"
  • 38 days 'til expiration (DTE)


Thu. 7/16/2020

buy (to close) put at $0.09

Stats:
  • stochastics "overbought"
  • 29 DTE

NET PROFIT:  $23.65

Learn to trade options.

Wednesday, July 15, 2020

Options trade: How to sell put options | Gilead (GILD)

Thu. 6/18/2020 (12:54:40 pm, PT)

sell (to open) -1 July 17, 2020  $67.50 put at $0.85

Stats:

  • probability ITM: 21.34%
  • margin:  $522.81
  • stochastics "oversold"
  • 29 days 'til expiration (DTE)


Tue. 7/14/2020 (10:24:07 am, PT)

buy (to close) put at $0.01

Stats:

  • 3 DTE
  • GILD at $76.38

NET PROFIT:  $83.30


Tuesday, July 7, 2020

Options trade: How to sell put options | Carnival (CCL)

Thu. 6/25/2020

sell (to open) -1 July 31, 2020  $10 put at $0.35

Stats:
  • probability ITM: 19.24%
  • stochastics "oversold"
  • 36 days 'til expiration (DTE)


Tue. 7/7/2020 

buy (to close) short put at $0.20

Stats:
  • surprise earnings conference call on July 10
  • 24 DTE
  • probability ITM:  14%

NET PROFIT:  $13.66

Learn to trade options.

Options trade: How to sell put options | Gilead (GILD)

Thu. 5/21/2020 

sell (to open) -1 July 17, 2020  $65 put at $1.29

Stats:
  • probability ITM:  23.67%
  • stochastics "oversold"


Tue. 7/7/2020

buy (to close) short put at $0.03

NET PROFIT:  $125.31

Learn to trade options!

Options trade: How to sell put options | Boeing (BA)

Wed. 6/24/2020 (12:31:40 pm, PT)

sell (to open) -1 July 17, 2020  $140 put at $2.00

Stats:

  • probability ITM: 14.72%
  • margin:  $585
  • 23 days 'til expiration (DTE)
  • stochastics "oversold"


Tue. 7/7/2020 (12:22:05 pm, PT)

buy (to close) put at $0.23

Stats:

  • 10 DTE

NET PROFIT:  $175.66 (return on capital = 30% in 13 days)






Saturday, June 20, 2020

Options trade: How to sell put options | Boeing (BA)

Tue. 5/12/2020 (11:45:57 am, PT)

sell (to open) -1 June 19, 2020  $90 put at $1.11

Stats:

  • probability ITM:  11%
  • margin:  $312
  • stochastics "oversold"
  • 38 days 'til expiration (DTE)


Fri. 6/19/2020 (Expiration)

BA at $187.02
let short put expire

NET PROFIT:  $110.33


Friday, June 19, 2020

Options trade: How to sell put options | Coca Cola (KO)

Wed. 5/6/2020

sell (to open) -2 June 19, 2020  $40 puts at $0.59

Stats:

  • probability ITM:  20%
  • stochastics "oversold"
  • 44 days 'til expiration (DTE)


Fri. 6/19/2020 (Expiration)

KO closed at $46.02
let put options expire

NET PROFIT:  $116.67

Learn to trade options!

Options trade: How to sell put options | US Treasuries ETF (TLT)

Thu. 6/4/2020 (12:41:53 pm, PT)

sell (to open) -1 July 17, 2020  $150 put at $1.24

Stats:

  • probability ITM: 23.54%
  • margin:  $461
  • stochastics "oversold"
  • 43 days 'til expiration (DTE)


Thu. 6/18/2020 (12:42:48 pm, PT)

buy (to close) put at $0.28 ("ask")

Stats:

  • stochastics "overbought"
  • 29 DTE
  • probability ITM:  7.70%

NET PROFIT:  $94.66



Tuesday, May 26, 2020

Options trade: How to sell put options | Boeing (BA)

Tue. 5/5/2020
 
sell (to open) -1 June 19, 2020  $95 put at $2.65

Stats:
  • probability ITM:  19.91%
  • stochastics "oversold"
  • 45 days 'til expiration (DTE)


Tue. 5/26/2020

buy (to close) put at $0.26

Stats:
  • stochastics "overbought"
  • 24 DTE

NET PROFIT:  $237.65

Learn to trade options!


Friday, May 15, 2020

Options trade: How to sell put options | Boeing (BA)

Tue. 4/14/2020

sell (to open) -1 May 15, 2020  $65 put at $1.14

Stats:

  • BA at $141.19
  • 31 days 'til expiration (DTE)
  • stochastics between "oversold" and "overbought"
  • probability ITM:  9.27% (high probability of success)

Fri. 5/15/2020 (Expiration)

BA at $120
let short put option expire

NET PROFIT:  $113.33

Learn to trade options!

Tuesday, April 28, 2020

Options trade: How to sell put options | Disney (DIS)

Tue. 3/31/2020 

sell (to open) -1 May 15, 2020  $50 put at $0.50

Stats:
  • probability ITM:  6.44% (high probability of success!)
  • Disney at $100.50
  • stochastics "overbought"
  • 45 days 'til expiration (DTE)


Tue. 4/28/2020

buy (to close) put at $0.01

NET PROFIT:  $48.31

Learn to trade options!

Friday, March 27, 2020

Options trade: How to sell put options | Coca Cola (KO)

Tue. 3/24/2020 🠜  Great timing!

sell (to open) -1 March 27, 2020  $40 put at $0.94

Stats:
  • probability ITM:  45% (high)
  • 3 days 'til expiration (DTE)


Fri. 3/27/2020 (Expiration)

KO closed at $42.81
let put expire

NET PROFIT:  $93.33

Learn to trade options!

Friday, May 10, 2019

Options trade: SPX short call option (bearish)

Tuesday, 4/2/2019 (9:34:14 am, PT)

sell short -1 May 17, 2019  2950 call option at $11.10

Facts:
  • 20 delta
  • stochastics in "overbought" region
  • 45 days 'til expiration (ideal)
  • credit received:  $11.10 x 1 x 100 = $1110


Friday, 5/10/2019 (8:01:45 am, PT)

buy back short call option at $0.75 to protect my profits and remove the risk

COMMENTS:
  • After I placed my bearish trade, SPX continued to rise (bad!)
  • On 5/1/2019, SPX hit a new all-time high of 2954.13 (bad!)
  • On 5/1/2019, my short call option was in-the-money by only 4.13 but it was trading at $26.36 (my "paper loss" was $1526 at the time)
  • Luckily for me, SPX dropped after hitting the new all-time high on 5/1/2019
  • On 5/10/2019, at 8:01:45 am, PT, SPX hit an intraday low of 2825.39 and I was able to buy back my short call option for only $0.75 ($75 for one contract)
  • It's a GOOD thing I closed my trade when I did, because SPX shot back up over 65 points right after I closed my trade!


PROFIT:  $1035

CLICK HERE to see the chart of SPX

CLICK HERE to see two videos of a similar SPX trade


Friday, May 3, 2019

Options trade: Amazon (AMZN) short put option (bullish)

Wednesday, 5/1/2019 (11:50:31 am, PT)

sell short -1 May 10, 2019  $1880 put option at $6.80

Facts:
  • slow stochastics in "overbought" region
  • this trade was a "hedge" against my short call option
  • 20.32 delta
  • credit received:  $680
  • 9 days 'til expiration (very short-term)
  • FOMC press conference at 11:30 am, PT


Friday, 5/3/2019 (7:26:23 am, PT)

buy back my short put option at $3.00 to protect my profits and remove the risk (of assignment)

PROFIT:  $380 (in 2 days)

Comments:
  • On 5/10/2019 (Expiration), at 8:50 am (PT), Amazon was trading near $1856 and my put option was trading near $24.95!  It's a GOOD thing I closed my trade on 5/3/2019!
  • After some positive comments from the White House (regarding the US/China tariff negotiations), Amazon reversed back up to close at $1889.98 at 1 pm (PT)
  • My short put option would have been fine if I had held it all the way until expiration (1 pm, PT), but who needs the stress?  I was happy to get over 50% of max profit in just two days


CLICK HERE TO LEARN ABOUT PUT-SELLING.

Wednesday, May 1, 2019

Options trade: Amazon (AMZN) Short Put (bullish)

Monday, 4/29/2019 (9:28 am, PT)

sell short -1 May 10, 2019  $1892.50 put option at $10.40 (25 delta)


Wednesday, 5/1/2019 (9:04:36 am, PT)

buy back put option at $6.60

Why?
  • to protect my profit
  • FOMC announcement at 11 am (high-risk event!)


PROFIT:  $380 (2 days)

Learn to SELL put options with my FREE lessons here!