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Monday, December 20, 2021

Options trading : Kellogg (K) short put trade, 12/17/2021 exp | $87.36 profit

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Wed. 10/13/2021

sell -2 Dec 17, 2021 $57.50 puts at $0.85

  • prob ITM: 27%
  • K = $61.69
  • oversold
  • 65 DTE


Wed. 11/3/2021

buy back both puts at $0.40 

I wanted to close this trade and protect my profits prior to the earnings release on 11/4 a.m.

NET PROFIT:  $87.36


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Options trading : Apple short put trade, 6/4/2021 exp | $135.33 profit

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Tue. 5/4/2021

sell -1 June 4, 2021 $119 put at $1.37

  • prob ITM: 23%
  • AAPL = $127.41
  • oversold
  • 31 DTE


Fri. 6/4/2021 (expiration)

buy back short put at $0.01 to remove the risk of assignment

NET PROFIT:  $135.33


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Options trading : Apple short put, 7/2/2021 exp | $102.34 profit

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Fri. 5/21/2021

sell -1 July 2, 2021 $113 put at $1.03

  • prob ITM: 17%
  • AAPL = $125.32
  • oversold
  • 42 DTE


Fri. 7/2/2021 (expiration)

AAPL closed at $139.96

my put option expired "worthless"

NET PROFIT:  $102.34


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Sunday, December 19, 2021

Options trade : QYLD short put, 5/21/2021 exp | $90.67 profit

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Wed. 3/24/2021

sell -2 May 21, 2021 $22 puts at $0.46

  • prob ITM: 54%
  • QYLD = $22.32
  • stochastics = 58 (and dropping)
  • 58 DTE


Fri. 5/21/2021 (expiration)

QYLD = $22.13

short puts expired "worthless"

NET PROFIT:  $90.67


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Option trade : General Mills (GIS) short put, 2/19/2021 exp | $135.68 profit

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Wed. 12/30/2020

sell -1 Feb 19, 2021 $57.50 put at $1.52

  • prob ITM: 44%
  • oversold
  • 51 DTE


Thu. 2/18/2021

buy back short put at $0.15 to remove the risk of assignment

NET PROFIT:  $135.68


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Option trade : Morgan Stanley (MS) short put, 12/10/2021 exp | $126.68 profit

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Wed. 11/10/2021

sell -1 Dec 10, 2021 $95 put at $1.78

prob ITM: 36%

  • MS = $98.18
  • oversold
  • 30 DTE


Mon. 12/6/2021

buy back short put at $0.50 to remove the risk of assignment

NET PROFIT:  $126.68


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Option trade : Dow Jones ETF (DIA) credit (bull) put spread, 5/21/2021 exp | $83.36 profit

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Mon 4/26/2021

sell -1 May 21, 2021 $329 put at $2.03 (prob ITM 24%)

buy +1 May 21, 2021 $320 put at $0.97 (prob ITM 12%)

  • net credit: $1.06
  • DIA = $340.24
  • margin: $900
  • stochastics = 67 (heading down)
  • 25 DTE


Fri. 5/7/2021

buy back entire spread for $0.20 (debit)

NET PROFIT:  $83.36


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Option trade : US Treasury ETF (TLT) credit (bull) put spread, 12/17/2021 exp | $76 profit

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Wed. 11/17/2021

sell -2 Dec 17, 2021 $140 puts at $0.79 (prob ITM 22%)

buy +2 Dec 17, 2021 $130 puts at $0.11 (prob ITM 3.45%)

  • net credit: $0.68
  • TLT = $145.60
  • margin: $2000
  • oversold
  • 30 DTE


Fri. 11/19/2021

bought back entire spread for $0.30 debit

closed trade after just 2 days to take profits

NET PROFIT:  $70.70


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Monday, November 1, 2021

Friday, October 29, 2021

Option trade : Bullish Communications ETF (XLC) trade, 10/29/2021 exp | $100 profit

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Thu. 9/23/2021

sell -1 Oct 29, 2021 $80 put at $1.05

  • prob ITM: 36%
  • low stochastics
  • 36 DTE
  • XLC = $82


Fri. 10/29/2021 (Expiration)

buy back put at $0.05

NET PROFIT:  $99.33


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Option trade : Bullish ARK Innovation ETF (ARKK) trade, 11/12/2021 exp | $258 profit

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Fri. 10/8/2021

sell -2 Nov 12, 2021 $95 puts at $1.34

  • prob ITM: 18%
  • low stochastics
  • 35 DTE
  • ARKK = $111


Fri. 10/29/2021

buy back puts at $0.05

NET PROFIT:  $256.66 (21 days)


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Option trade: Bullish Coca Cola (KO) trade, 11/19/2021 exp | $44 profit

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Thu. 9/23/2021

sell -2 Nov 19, 2021 $47.50 puts at $0.24

  • prob ITM:  11%
  • KO = $54


Fri. 10/29/2021

buy back both puts at $0.02

PROFIT:  $44 (36 days)


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Monday, October 25, 2021

Option trade: Bullish ARK Innovation ETF (ARKK) trade, 11/5/2021 exp | $117 profit

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Wed. 9/29/2021

sell -1 Nov 5, 2021 $90 put at $1.18

  • prob ITM: 15%
  • low stochastics
  • 37 DTE
  • ARKK = $110


Mon. 10/25/2021

buy back short put at $0.01

NET PROFIT:  $116.33 (26 days)


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Wednesday, October 20, 2021

Option trade: Vanguard REIT ETF (VNQ) bullish put trade, 11/19/2021 exp | $83 profit

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Fri. 9/24/2021

sell -1 Nov 19, 2021  $99 put at $1.08

  • prob ITM:  25%
  • VNQ =  $105
  • 56 DTE
  • low stochastics


Wed. 10/20/2021

buy back short put at $0.25

NET PROFIT:  $81.68 (26 days)


Tuesday, October 19, 2021

Option trade: Bullish Technology Sector trade | $115 profit

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Thu. 9/30/2021

sell -1 Nov 5, 2021 $143 put at $2.20

  • prob ITM: 30%
  • XLK = $150.41
  • oversold
  • 36 DTE


Mon. 10/11/2021

buy back short put at $1.05 to remove the risk of assignment

PROFIT:  $115 (11 days)

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Saturday, August 14, 2021

Options trade: SPX credit (bull) put spread, 8/13/2021 exp | $480 in 9 days (148% return)

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Wed. 8/4/2021

sell -2 Aug 13, 2021  4245 puts at $5.60 (prob ITM 10%)

buy +2 Aug 13, 2021  4180 puts at $3.20 (prob ITM 6%)

  • net credit:  $2.40 x 2 x 100 =  $480 (max profit)
  • SPX = 4406.96 (-16.19)
  • max risk (AT exp):  $13,000
  • 9 DTE


Fri. 8/13/2021 (Expiration Friday)

SPX settled at 4468 (+7.17)

all puts expired "worthless"

PROFIT:  $480 (9 days)

Return on capital:  148% (annualized)

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Thursday, August 12, 2021

Options trade: SPX diagonal put spread, 8/16/2021 exp | $103 in ONE DAY (3756% return)

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Tue. 8/10/2021

sell -2 August 16, 2021  4265 puts at $1.40 (prob ITM 3.88%) <--- 6 DTE

buy +2 August 11, 2021  4260 puts at $0.15 (prob ITM 0.67%)  <--- 1 DTE

  • net credit:  $1.25 x 2 x 100 =  $250
  • SPX = 4434.93 (+2.58)
  • margin: $1000


Wed. 8/11/2021 (NEXT DAY)

buy back Aug 16  4265 short put at $0.70

let the long puts expire

NET PROFIT:  $102.92 (ONE DAY)

Return on capital:  3756% (annualized)


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Options trade: Energy sector ETF (XLE) semi-bullish trade | How to manage an "unlucky" short-put trade

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Monday, 7/12/2021

sell -1 August 13, 2021  $51 put at $1.00

  • prob ITM (assignment):  35.60%
  • XLE = $53 (+0.155)
  • oversold
  • 32 DTE


Wednesday, 8/11/2021

buy back short put at $1.00 to break even


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Friday, August 6, 2021

Options trade: SPX credit (bull) put spread, 8/6/2021 exp | $330 in 8 days (185% return)

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Thu. 7/29/2021

sell -2 August 6, 2021  4280 puts (prob ITM 10%)

buy +2 August 6, 2021  4240 puts (prob ITM 7%)

  • SPX = 4419
  • net credit:  $1.65 x 2 x 100 =  $330 (max profit)
  • 8 days 'til exp
  • margin (risk):  $8000


Fri. 8/6/2021 (Expiration Friday)

SPX settled at 4436.52 (+7.42)

all puts expired "worthless"


PROFIT:  $330 (8 days)

Return on capital ($8000):  185% (annualized)


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Tuesday, August 3, 2021

Options trade: SPX credit (bull) put spread, 8/4/2021 exp | $392 in 7 days (227% return)

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Wed. 7/28/2021

sell -2 August 4, 2021  4265 puts (prob ITM 10%)

buy +2 August 4, 2021  4220 puts (prob ITM 6%)

  • net credit:  $2.00 x 2 x 100 =  $400 (max profit)
  • SPX = 4399.12 (-2.34)
  • margin (risk):  $9,000
  • 7 days 'til exp


Tue. 8/3/2021 (1 DTE)

buy back short puts for $0.05

sell to close long puts for $0.05


NET PROFIT:  $391.72 (7 days)

Return on capital:  227% (annualized)


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