Follow me on Twitter!

Sunday, June 19, 2022

Options trade : Netflix (NFLX) bearish trade

 GET WEEKLY TRADE IDEAS.

FREE OPTIONS TRADING LESSONS HERE.


4/27/2022

buy +1 May 27, 2022 $245 call at $1.00 (prob ITM 5.41%)

sell -1 May 27, 2022 $225 call at $2.45 (prob ITM 13%)

  • net credit: $1.45
  • margin:  $2000
  • NFLX = $190.10 (-8.30)
  • oversold
  • 30 DTE


5/18/2022

buy back entire call spread at $0.20

NET PROFIT:  $122.34


Options trade : GameStop (GME) bullish trade

 GET WEEKLY TRADE IDEAS.

FREE OPTIONS TRADING LESSONS HERE.


6/242021

sell -1 July 2, 2021 $170 put at $2.22 (prob ITM 14%)

buy +1 July 2, 2021 $152.50 put at $1.01 (prob ITM 7%)

  • net credit:  $1.21
  • GME = $217.81
  • oversold
  • 8 DTE
  • margin = $1750


7/2/2021 (expiration)

buy back short $170 put at $0.01 to remove the risk

let the long put expire

NET PROFIT:  $118.67 (in 8 days)


Options trade : Seagate Tech (STX) bullish trade

 GET WEEKLY TRADE IDEAS.

FREE OPTIONS TRADING LESSONS HERE.


8/26/2021

sell -1 Sept 17, 2021 $81 put at $1.18

  • oversold
  • 22 DTE
  • STX = $85.14
  • prob ITM = 29%


9/17/2021 (expiration)

STX = $83.74

my put option expired perfectly

PROFIT:  $118


Options trade : ARK Innovation ETF (ARKK) bullish trade

 GET WEEKLY TRADE IDEAS.

FREE OPTIONS TRADING LESSONS HERE.


8/19/2021

sell -1 Sept 24, 2021 $95 put at $1.05

  • prob ITM = 14%
  • ARKK = $115.48
  • oversold
  • 35 DTE


9/22/2021

buy back put at $0.02 to remove the risk

PROFIT:  $103

Options trade : Facebook (FB) bullish trade

 GET WEEKLY TRADE IDEAS.

FREE OPTIONS TRADING LESSONS HERE.


10/27/2021

sell -1 Nov 19, 2021 $285 put at $1.33 (prob ITM 12%)

buy +1 Nov 19, 2021 $225 put at $0.09 (prob ITM 1%)

  • net credit:  $1.24
  • FB = $316.08
  • oversold
  • 22 DTE


11/10/2021

buy back entire spread at $0.18

NET PROFIT:  $106 (in 13 days)



Options trade : Energy Sector ETF (XLE) ratio spread

GET WEEKLY TRADE IDEAS.

FREE OPTIONS TRADING LESSONS HERE.


10/6/2021

buy +1 Nov 12, 2021 $51.50 put at $1.19 (prob ITM 34%)

sell -2 Nov 12, 2021 $51 put at $1.06 (prob ITM 31%)

  • net credit:  $0.93
  • XLE = $54.44
  • overbought
  • 37 DTE


10/22/2021

buy back the entire spread at $0.10

NET PROFIT:  $79.03 (in 16 days)



Option trade : SPX bearish trade

 GET WEEKLY TRADE IDEAS!

FREE OPTIONS-TRADING LESSONS HERE


5/19/2022 (10:57:28 am, PT)

buy +1 May 19, 2022 4020 call at $0.10

sell -1 May 19, 2022 3965 call at $1.70

  • net credit:  $1.60
  • SPX = 3926.57
  • 0 DTE (same-day expiration)


5/19/2022 (12:14:03 pm, PT)

buy back the short 3965 call at $0.50 to remove the risk

let the long call expire

NET PROFIT:  $106.46

SPX settled at 3900.79


Options trade : SPX bearish trade

 GET WEEKLY TRADE IDEAS!

FREE OPTIONS-TRADING LESSONS HERE


5/17/2022 (11:08:17 am, PT)

buy +1 May 17, 2022 4160 call at $0.07

sell -1 May 17, 2022 4115 call at $1.47

  • net credit:  $1.40
  • SPX = 4070
  • margin = $4500
  • 0 DTE (same-day expiration)


5/17/2022 (11:22:23 am, PT)

buy back short 4115 call at $0.20 to remove the risk

let the long call expire

NET PROFIT:  $116.46 (in 14 minutes!)

SPX settled at 4088.85


Options trade : SPX bearish trade

 GET WEEKLY TRADE IDEAS!

FREE OPTIONS-TRADING LESSONS HERE


3/9/2022 (10:25:17 am, PT)

buy +1 March 9, 2022 4370 call at $0.07

sell -1 March 9, 2022 4325 call at $1.37 (prob ITM 8.46%)

  • net credit:  $1.30
  • SPX = 4286 (up 116!)
  • 0 DTE (same-day expiration)


3/9/2022 (12:42:39 pm, PT)

buy back the short 4325 call at $0.05 to remove the risk

let the long call expire

SPX settled at 4277.88 (up 107.18)

NET PROFIT:  $122.11 (in 2.5 hours)



Options trade : Biotech Sector ETF (XBI) bullish trade

 GET WEEKLY TRADE IDEAS!

FREE OPTIONS-TRADING LESSONS HERE


7/8/2021

sell -1 August 13, 2021 $118 put at $1.17

  • prob ITM = 18%
  • XBI = $131.67
  • oversold 
  • 36 DTE


8/13/2021 (expiration)

buy back put option at $0.01 to remove the risk

NET PROFIT:  $115.33

Options trade : Starbucks (SBUX) bullish trade

 GET WEEKLY TRADE IDEAS!

FREE OPTIONS-TRADING LESSONS HERE


8/10/2021

sell -1 Sept 10, 2021 $112 put at $1.09

  • prob ITM 27%
  • SBUX = $116.38
  • oversold
  • 31 DTE


9/10/2021 (expiration)

SBUX = $119.34

my short put expired perfectly

PROFIT:  $109

Options trade : Ultra-VIX ETF (UVXY) bullish trade

 GET WEEKLY TRADE IDEAS!

FREE OPTIONS-TRADING LESSONS HERE


4/22/2022

sell -2 May 27, 2022 $11 puts at $0.52 (prob ITM 27%)

buy +2 May 27, 2022 $6 puts at $0.01

  • net credit: $0.51
  • margin: $1000
  • oversold
  • 35 DTE


5/13/2022

buy back the two $11 short puts at $0.03 to remove the risk

let the $6 long puts expire

NET PROFIT:  $96.65


Options trade : Consumer Discretionary ETF (XLY) bullish trade

 GET WEEKLY TRADE IDEAS!

FREE OPTIONS-TRADING LESSONS HERE


8/13/2021

sell -1 Sept 17, 2021 $174 put at $1.33 (prob ITM 24%)

buy +1 Sept 17, 2021 $125 put at $0.05 (prob ITM 0.90%)

  • net credit: $1.28
  • oversold
  • 35 DTE
  • XLY = $181.29
  • margin:  $4900


9/2/2021

buy back the $174 short put at $0.35 to remove the risk

let the long $125 put expire

NET PROFIT:  $91.02


Options trade : General Mills (GIS) earnings play

 GET WEEKLY TRADE IDEAS!

FREE OPTIONS-TRADING LESSONS HERE


6/29/2021

sell -1 July 16, 2021 $60 put at $1.51

  • oversold
  • 17 DTE
  • GIS = $60.03
  • Prob ITM = 52% (high!)  <--- taking advantage of "volatility crush"
  • earnings on June 30 (before market-open)  


7/15/2021

buy back short put at $0.50 to remove the risk

NET PROFIT: $99.68


Options trade : Energy Sector ETF (XLE) bullish trade

 GET WEEKLY TRADE IDEAS!

FREE OPTIONS-TRADING LESSONS HERE


12/20/2021

sell -1 Jan 21, 2022 $50 put at $1.08

  • oversold
  • 32 DTE
  • prob ITM 34%
  • XLE = $52.73


12/27/2021

buy back short put to remove the risk

NET PROFIT: $86.68


Options trade : SPX bullish trade

 GET WEEKLY TRADE IDEAS!

FREE OPTIONS-TRADING LESSONS HERE


3/3/2022 (12:04 pm, PT)

sell -1 March 4, 2022 4185 put at $1.65 (prob ITM 4.29%)

buy +1 March 4, 2022 4000 put at $0.15 (prob ITM 0.38%)

  • net credit:  $1.50
  • SPX = 4357
  • 1 DTE


3/3/2022 (12:59:52 pm, PT)

buy back the entire spread at $0.60

NET PROFIT:  $85.31 (in 55 minutes)


Saturday, June 18, 2022

Options trade : Starbucks (SBUX) bullish trade

 GET WEEKLY TRADE IDEAS!

FREE OPTIONS-TRADING LESSONS HERE


10/5/2021

sell -1 Nov 5, 2021 $103 put at $1.06

  • oversold
  • 31 DTE
  • earnings on 10/28/2021
  • prob ITM = 21%
  • SBUX = $111
  • margin:  $826


10/26/2021

buy back the $103 short put at $0.28 to close the trade prior to earnings

NET PROFIT:  $76.68


Options trade : JP Morgan Chase (JPM) bullish trade

 GET WEEKLY TRADE IDEAS!

FREE OPTIONS-TRADING LESSONS HERE


6/24/2021

sell -1 July 9, 2021 $147 put at $1.08 (prob ITM 24%)

buy +1 July 9, 2021 $120 put at $0.04 (prob ITM 0.90%)

  • net credit:  $1.04
  • JPM = $152.88
  • margin: $2700
  • oversold
  • 15 DTE
  • earnings on July 13 (a.m.)


6/29/2021

buy back $147 short put at $0.28

let $120 long put expire

NET PROFIT:  $74.02


Options trade : SPX bullish trade

 GET WEEKLY TRADE IDEAS!

FREE OPTIONS-TRADING LESSONS HERE


3/4/2022 (10:57 am, PT)

sell -1 March 7, 2022 4100 put at $3.60

buy +1 March 7, 2022 4035 put at $2.10

  • net credit:  $1.50
  • SPX =  4315
  • 3 DTE


3/4/2022 (12:46 pm, PT)

buy back the entire spread at $0.75

NET PROFIT:  $70.04 (in TWO hours)

I got almost 50% of "max profit" in just two hours, so it's time to close the trade and not get greedy!


Options trade : Intel (INTC) bullish trade

 GET WEEKLY TRADE IDEAS!

FREE OPTIONS-TRADING LESSONS HERE


6/25/2021

sell -2 July 16, 2021 $55.50 puts at $0.80 (prob ITM 43%)

buy +2 July 16, 2021 $50.50 puts at $0.07 (prob ITM 6%)

  • net credit:  $0.73
  • INTC = $56.10
  • margin:  $1000
  • oversold
  • earnings on 7/22/2021
  • 21 DTE


7/2/2021

buy back the put spread at $0.38 to close the trade

NET PROFIT:  $64.67 (in 7 days)