Trade of the Week (31 Dec 2021)

Last week's trade will give me a gain of $275 (1.3%) on a $20K account when it expires at the end of the day today. If I had been invested in a NASDAQ ETF, I would have had a gain of about 0.5% at 11AM on Friday.

This week's trade of the week is a Put Credit Spread again. I'll sell a PUT option on NDX with a strike price of $15,500 and an expiration of 7 Jan 2022.  At the same time, I'll buy a PUT option on NDX with a strike price of $15,400 and an expiration date of 7 Jan. This trade has a maximum gain of about $215 as long as NDX closes above $15,400 on Friday, 7 Jan 2022. I made this trade in my account that has a cash balance of $20,000. I am only using half of my available cash so that I can fix the trade in the unlikely event that NDX happens to fall by 5% this week.

The trade discussed above is not a recommendation but is merely an account of what I may have executed in the past.

Trade of the Week (23 Dec 2021)

Last week's trade will give me a gain of $875 (4.3%) on a $20K account when it expires at the end of the day today. If I had been invested in a NASDAQ ETF, I would have had a gain of about 4.3% at 11AM on Friday.

This week's trade of the week is a Put Credit Spread again. I'll sell a PUT option on NDX with a strike price of $15,450 and an expiration of 31 Dec.  At the same time, I'll buy a PUT option on NDX with a strike price of $15,350 and an expiration date of 31 Dec. This trade has a maximum gain of about $275 as long as NDX closes above $15,350 on Friday, 31 Dec 2021. I made this trade in my account that has a cash balance of $20,000. I am only using half of my available cash so that I can fix the trade in the unlikely event that NDX happens to fall by 5% this week.

The trade discussed above is not a recommendation but is merely an account of what I may have executed in the past.

Trade of the Week (17 Dec 2021)

Last week's trade will give me a gain of $640 (3.2%) on a $20K account when it expires at the end of the day today. If I had been invested in a NASDAQ ETF, I would have had a loss of about 2.8% at 11AM on Friday.

This week's trade of the week is a Put Credit Spread again. I'll sell a PUT option on NDX with a strike price of $15,100 and an expiration of 23 Dec. At the same time, I'll buy a PUT option on NDX with a strike price of $15,000 and an expiration date of 23 Dec. This trade has a maximum gain of about $875 as long as NDX closes above $15,100 on Thursday, 23 Dec 2021. I made this trade in my account that has a cash balance of $20,000. I am only using half of my available cash so that I can fix the trade in the unlikely event that NDX happens to fall by 5% this week.

The trade discussed above is not a recommendation but is merely an account of what I may have executed in the past.

Trade of the Week (10 Dec 2021)

Last week's trade will give me a gain of $1,446 (7.2%) on a $20K account when it expires at the end of the day today. If I had been invested in a NASDAQ ETF, I would have had a gain of about 3% at 11AM on Friday.

This week's trade of the week is a Put Credit Spread again. I'll sell a PUT option on NDX with a strike price of $15,350 and an expiration of 17 Dec. At the same time, I'll buy a PUT option on NDX with a strike price of $15,250 and an expiration date of 17 Dec. This trade has a maximum gain of about $640 as long as NDX closes above $15,350 on Friday, 17 Dec 2021. I made this trade in my account that has a cash balance of $20,000. I am only using half of my available cash so that I can fix the trade in the unlikely event that NDX happens to fall by 5% this week.

The trade discussed above is not a recommendation but is merely an account of what I may have executed in the past.

Trade of the Week (3 Dec 2021)

Last week's trade will give me a gain of $904 on a $20K account when it expires at the end of the day today. If I had been invested in a NASDAQ ETF, I would have had a loss of about 2% at close on Friday.

This week's trade of the week is a Put Credit Spread again. I'll sell a PUT option on NDX with a strike price of $15,000 and an expiration of 10 Dec. At the same time, I'll buy a PUT option on NDX with a strike price of $14,900 and an expiration date of 10 Dec. This trade has a maximum gain of about $1,446 as long as NDX closes above $15,000 on Friday, 10 Dec 2021. I made this trade in my account that has a cash balance of $20,000. I am only using half of my available cash so that I can fix the trade in the unlikely event that NDX happens to fall by 5% this week. This week's return is a lot more than the 1% gain that I'm aiming for.

The trade discussed above is not a recommendation but is merely an account of what I may have executed in the past.