Posts Tagged ‘Credit Spread’
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…
Read More(Credit Spread) Glimpse Trade: 12/16/13: AMZN
AMZN: Credit Spread This is a simple credit spread using PUTS on Amazon.com. By using Puts that means the trade is bullish to neutral. What I want is for the stock to stay above the short strike. As long as it does that the trade will make money. If you look at a chart of…
Read MoreCREE 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.…
Read MoreNo 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…
Read MoreOption Credit Spread on AAPL
Put option trading Option Credit Spread: Just did a Put Credit Spread on Apple in my personal account. Sell the Feb 320 Puts, Buy the Feb 310 puts for a credit of .95 cents Total risk per spread, also the margin, $905. Maximum return per spread: $95 for a potential ROI of 10.49% before options…
Read MoreFREE Option Trade For July 2010 Expiration
Free Option Trade Free option trade: Here’s a trade I put on yesterday in my personal account. It is a straightforward put credit spread on CME. Great for papertrading. It is my belief that the markets will rally into the end of the month. Even without the rally, CME should do fine. It has been…
Read MoreAnother Free Trade and Updates
Option trading profit: The last couple free trades, PCLN and OIH worked out nicely. Good gains in both. So here is another one. IWM Option Trade Sell May 65 Puts, Buy May 63 Puts for a credit of .28 each spread. Get out if you are down 10-15% of the margin. if it goes well,…
Read MoreFree Option Trade: OIH (Vaneck Vectors)
Here’s another option trade that looks good. OIH seems to trading in a range so an iron option condor or butterfly option might work here, but I am just looking at selling some puts for now. Sell the Apr 115 puts and buy the April 110 puts for a credit of .56. That’s about a 12%…
Read MoreOptions Investing: Free Option Trade (PCLN)
Options investing: Here’s another free option trade on PCLN (The Priceline Group) I’ve been working on a new trading system for option credit spreads. This pick came from that system. So far the system has been hitting 90% winners. PCLN: Sell Apr 210/200 Put spread for .82 credit. Max Profit $164 Max Loss $1836 Potential…
Read MoreOption Credit Spreads: How Wide Should Your Strikes Be?
Got the following question this week about option credit spreads: First, thank you for providing a great service. I have been trading options for about a year and have learned a lot from your tips and alerts. Now, I have a question about position sizing. I am trading $100k of my funds using your alerts.…
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