Short Term Trades – OptionGenius.com

10 Ways To Make More Money With Covered Calls

Just did a training yesterday on covered calls. We did not go into the details of exactly how to do the trade. If you don’t know what a covered call is check this out. But instead we covered things like how to choose the proper stocks, how to choose the best time to expiration, how…

Glimpse of Genius Trade for January 2014 – FDX

So far the Glimpse of Genius trades are doing very well. Last month’s trade expired worthless for the full profit. This one is using the same strategy as last month – the credit spread. The trade is on FDX which is Fedex. There are 30 days to expiration. The Trade: Sell Feb 135 Puts Buy…

CREE Option Trade

Option Trading: I got this email today asking for a trade: “Allen, Would you consider offering me ONE BEST OPTION STRATEGY IDEA regarding CREE ? I suppose some form of spread is what I am thinking of. If you provide one ‘reasonably good results’ strategy , protecting principal, then I will sign up with you.…

2 Butterfly Option Trades

Butterfly Option Spread Trading This is a video of myself looking for some option trades using one of my real money accounts. These trades are for example only and I may exit or change them at any time without telling anyone. This is a sample of the types of videos that are produced for Option…

Weekly Trade for SPX

Trading Weekly Options Here’s a quicky weekly trade. With the VIX above 40 I do not have too many trades on right now, and so I got bored and went looking for a speculative trade. I think I found one. With the SPX having trouble getting back above 1100, it makes it a good time to…

No Stress Options Trade

Here is a trade I just put on in my personal account. The stock is NLY. The trade is a simple Put credit spread Sell to Open Oct 16 Puts (.40) Buy To Open Oct 15 Puts (.26) for a credit of .14 cents per spread. Trade has a 74% probability of success. And can…

Iron Condor Option: Apple (AAPL)

APPL Option Trading Here is a trade I just put on in the personal account. It’s an iron condor on Apple. It has a 77.43% Probability of profit with 22 days left to expiration. Sell to Open June 355 Calls, But to Open June 360 Calls Sell to Open June 310 Puts, Buy to Open…

Butterfly Option Trading: MCD

Butterfly Option Strategy for MCD Just added a new option trade in my personal portfolio today. It’s a classic butterfly spread on MCD – McDonald’s. The trade was Buy 2 April 70 puts, Sell 4 April 75 Puts, Buy 2 April 80 Puts for a debit of 3.11 per spread or a total cost of…

Weekly Options Credit Spread Horror Story

Option Credit spreads are a very simple trade. You sell one option, buy another for protection and hope that your sold option is not in the money on expiration day. In other words you sell the 100 put and hope the stock stays above 100. Or sell the 150 Call and hope the stock stays…

Option Trading Systems: What Is LVS Going To Do?

Option Trade Setup: LVS Options trading systems: Part of the reason options trading is so addictive and fun, is that you never know what a stock is going to do. I found an option trade setup and thought we could make a game out of it. it’s called, What Will LVS Do? Here’s a screenshot…