Trade of the Week (30 Dec 2022)

Last week's trade will give me a gain of $214 (1.07%) on a $20K account when it expires at the end of the day. If I had been invested in a NASDAQ ETF, I would have had a loss of about 0.003% at the end of the day Friday.

This week's trade of the week is a Put Credit Spread again.  I'll sell 2 PUT options on NQX with a strike price of $2,020 and an expiration of 6 Jan 2023.  At the same time, I'll buy 2 PUT options on NQX with a strike price of $1,970 and an expiration date of 6 Jan. This trade has a maximum gain of about $204 as long as NQX closes above $2,020 on Friday, 6 Jan 2023. 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 NQX happens to fall by 7% 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 2022)

Last week I made a trade for a $220(1.10%) gain on a $20K account when it expired at the end of the day Friday.  If I had been invested in a NASDAQ ETF, I would have had a loss of about 2.6% at the market close on Friday.

This week's trade of the week is a Put Credit Spread again. I'll sell 2 PUT options on NQX with a strike price of $2,050 and an expiration of 30 Dec.  At the same time, I'll buy 2 PUT options on NQX with a strike price of $2,000 and an expiration date of 30 Dec. This trade has a maximum gain of about $214 as long as NQX closes above $2,050 on Friday, 30 December, 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 NQX happens to fall by 8% 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 (16 Dec 2022)

Last week I made a trade for a $234 (1.17%) gain 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% on Friday.

This week's trade of the week is a Put Credit Spread again. I'll sell 2 PUT options on NQX with a strike price of $2,100 and an expiration of 23 Dec.  At the same time, I'll buy 2 PUT options on NQX with a strike price of $2,050 and an expiration date of 23 Dec. This trade has a maximum gain of about $220 as long as NQX closes above $2,100 on Friday, 23 December, 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 NQX happens to fall by 7% 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 (9 Dec 2022)

Last week, I made a trade for a $214 (1.07%) gain 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 3.6% at the end of the day Friday.

This week's trade of the week is a Put Credit Spread again. I'll sell 2 PUT options on NQX with a strike price of $2,130 and an expiration of 16 December.  At the same time, I'll buy 2 PUT options on NQX with a strike price of $2,080 and an expiration date of 16 Dec. This trade has a maximum gain of about $234 as long as NQX closes above $2,130 on Friday, 16 December, 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 NQX happens to fall by 8.5% 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 (2 Dec 2022)

Last week I made a trade for a $210(1.05%) gain 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 2.0% at the market close on Friday.

This week's trade of the week is a Put Credit Spread again. I'll sell 2 PUT options on NQX with a strike price of $2,230 and an expiration of 9 December. At the same time, I'll buy 2 PUT options on NQX with a strike price of $2,180 and an expiration date of 9 December. This trade has a maximum gain of about $214 as long as NQX closes above $2,230 on Friday, 9 December, 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 NQX happens to fall by 6% 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 (25 Nov 2022)

Last week I made a trade for a $218(1.09%) gain 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 1% at the market close on Friday.

This week's trade of the week is a Put Credit Spread again. I'll sell 2 PUT options on NQX with a strike price of $2,190 and an expiration of 2 December.  At the same time, I'll buy 2 PUT options on NQX with a strike price of $2,140 and an expiration date of 2 December. This trade has a maximum gain of about $210 as long as NQX closes above $2,190 on Friday, 2 December, 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 NQX happens to fall by 6.9% 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 (18 Nov 2022)

Two weeks ago I made a trade for a $220 (1.1%) gain on a $20K account when it expired at expiration on 11 Nov.  If I had been invested in a NASDAQ ETF, I would have had a gain of about 8.7% at the market close on last Friday.

This week's trade of the week is a Put Credit Spread again. I'll sell 2 PUT options on NQX with a strike price of $2,190 and an expiration of 25 Nov.  At the same time, I'll buy 2 PUT options on NQX

 with a strike price of $2,140 and an expiration date of 25 Nov. This trade has a maximum gain of about $218 as long as NQX closes above $2,190 on Friday, 25 November, 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 NQX happens to fall by 6.3% 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 (4 Nov 2022)

Last week I made a trade for a $202(1.01%) gain on a $20K account when it expired at the end of the day Friday.  If I had been invested in a NASDAQ ETF, I would have had a loss of about 5.9% at the market close on Friday.

This week's trade of the week is a Put Credit Spread again. I'll sell 2 PUT options on NQX with a strike price of $1,990 and an expiration of 11 Nov.  At the same time, I'll buy 2 PUT options on NQX with a strike price of $1,940 and an expiration date of 11 Nov. This trade has a maximum gain of about $220 as long as NQX closes above $1,990 on Friday, 11 November, 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 NQX happens to fall by 8% 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 (28 Oct 2022)

Last week's trade will give me a gain of $202 (1.01%) on a $20K account when it expires at the end of the day. If I had been invested in a NASDAQ ETF, I would have had a gain of about 2.1% for the week.

This week's trade of the week is a Put Credit Spread again.  I'll sell 2 PUT options on NQX with a strike price of $2,080 and an expiration of 4 Nov 2022.  At the same time, I'll buy 2 PUT options on NQX with a strike price of $2,030 and an expiration date of 4 Nov. This trade has a maximum gain of about $240 as long as NQX closes above $2,080 on Friday, 4 Nov 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 NQX happens to fall by 10% 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 (21 Oct 2022)

Last week I made a trade for a $230 (1.15%) gain on a $20K account when it expired at the end of the day Friday. If I had been invested in a NASDAQ ETF, I would have had a gain of about 5.8% for the week.

This week's trade of the week is a Put Credit Spread again. I'll sell 2 PUT options on NQX with a strike price of $2,050 and an expiration of 28 Oct.  At the same time, I'll buy 2 PUT options on NQX with a strike price of $2,000 and an expiration date of 28 Oct. This trade has a maximum gain of about $202 as long as NQX closes above $2,050 on Friday, 28 October, 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 NQX happens to fall by 9% 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 (14 Oct 2022)

Last week, I made a trade for a $212 (1.06%) gain 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 3.1% at the end of the day Friday.

This week's trade of the week is a Put Credit Spread again. I'll sell 2 PUT options on NQX with a strike price of $1,950 and an expiration of 21 October.  At the same time, I'll buy 2 PUT options on NQX with a strike price of $1,900 and an expiration date of 21 Oct. This trade has a maximum gain of about $230 as long as NQX closes above $1,950 on Friday, 21 October, 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 NQX happens to fall by 6.4% 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 (7 Oct 2022)

Last week's trade gave me a gain of $200 (1.00%) on a $20K account when it expired at the end of the day Friday. If I had been invested in a NASDAQ ETF, I would have had a gain of about 0.6% at the end of the day on Friday.

This week's trade of the week is a Put Credit Spread again. I'll sell 2 PUT options on NQX with a strike price of $2,010 and an expiration of 14 October 2022. At the same time, I'll buy 2 PUT options on NQX with a strike price of $1,960 and an expiration date of 14 October. This trade has a maximum gain of about $212 as long as NQX closes above $2,010 on Friday, 14 October. 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 NQX happens to fall by 9% 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 (30 Sep 2022)

Last week I made a trade for a $214(1.07%) gain 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 2.7% at the market close on Friday.

This week's trade of the week is a Put Credit Spread again. I'll sell 2 PUT options on NQX with a strike price of $2,010 and an expiration of 7 October. At the same time, I'll buy 2 PUT options on NQX with a strike price of $1,960 and an expiration date of 7 October. This trade has a maximum gain of about $200 as long as NQX closes above $2,010 on Friday, 7 October, 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 NQX happens to fall by 8% 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 Sep 2022)

Now, we are back on track.

Last week I made a trade for a $175(0.88%) gain 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 4.6% at the market close on Friday.

This week's trade of the week is a Put Credit Spread again. I'll sell 2 PUT options on NQX with a strike price of $2,050 and an expiration of 30 September.  At the same time, I'll buy 2 PUT options on NQX with a strike price of $2,000 and an expiration date of 30 September. This trade has a maximum gain of about $214 as long as NQX closes above $2,050 on Friday, 30 September, 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 NQX happens to fall by 9% 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 (16 Sep 2022)

Maybe this week is more of a draw than a win, but it's not a loss.

I'm changing things up a little this week.  This is mainly because the NASDAQ had a big drop this week, and I don't want to hold onto the open Put Spread too long.  Last week I made a trade for a $205(1.02%) gain 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 5% at the mid-day on Friday.

This week's trade of the week is a Put Credit Spread but I'm rolling last weeks trade rather than letting it expire worthless.  To do this, I have to close last week's trade when I open the new trade this week.  To close last weeks trade, I'll sell to close the 16 Sep 2022 $2,270 Put and buy the 16 Sep 2022 $2,320 Put.  This part of the trade will cost $860.  I'll sell 3 PUT options on NQX with a strike price of $2,190 and an expiration of 23 Sep.  At the same time, I'll buy 3 PUT options on NQX with a strike price of $2,140 and an expiration date of 23 Sep.  The second part of this trade will give me a credit of $1,035.  This overall trade has a maximum gain of about $175 as long as NQX closes above $2,190 on Friday, 23 Sep, 2022. I made this trade in my account that has a cash balance of $20,000.  Due to the addition of the third credit spread ending next week, I'm risking $15,000 of the available $20,000 to make this trade.  It's still unlikely that the NQX will fall by 7% this week, so I'm still comfortable with the risk.

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 (9 Sep 2022)

Last week I made a trade for a $220(1.1%) gain 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 4.05% at the market close on Friday.

This week's trade of the week is a Put Credit Spread again. I'll sell 2 PUT options on NQX with a strike price of $2,320 and an expiration of 16 Sep.  At the same time, I'll buy 2 PUT options on NQX

 with a strike price of $2,270 and an expiration date of 16 Sep. This trade has a maximum gain of about $210 as long as NQX closes above $2,270 on Friday, 16 September, 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 NQX happens to fall by 8% 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 (2 Sep 2022)

Last week I made a trade for a $214(1.07%) gain 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 4% at the market close on Friday.

This week's trade of the week is a Put Credit Spread again. I'll sell 2 PUT options on NQX with a strike price of $2,240 and an expiration of 9 September.  At the same time, I'll buy 2 PUT options on NQX with a strike price of $2,190 and an expiration date of 9 September. This trade has a maximum gain of about $220 as long as NQX closes above $2,240 on Friday, 9 September, 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 NQX happens to fall by 7% 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 (27 Aug 2022)

Last week I made a trade for a $214 (1.07%) gain 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 4.8% on Friday.

This week's trade of the week is a Put Credit Spread again. I'll sell 2 PUT options on NQX with a strike price of $2,350 and an expiration of 2 Sep.  At the same time, I'll buy 2 PUT options on NQX with a strike price of $2,300 and an expiration date of 2 Sep. This trade has a maximum gain of about $214 as long as NQX closes above $2,350 on Friday, 2 September, 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 NQX happens to fall by 7% 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 (19 Aug 2022)

Last week I made a trade for a $210 (1.05%) gain 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 noon today.

This week's trade of the week is a Put Credit Spread again. I'll sell 2 PUT options on NQX with a strike price of $2,480 and an expiration of 26 August.  At the same time, I'll buy 2 PUT options on NQX with a strike price of $2,430 and an expiration date of 26 Aug. This trade has a maximum gain of about $214 as long as NQX closes above $2,480 on Friday, 26 August, 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 NQX happens to fall by 6.4% 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 (12 Aug 2022)

Last week's trade gave me a gain of $204 (1.02%) on a $20K account when it expired at the end of the day Friday. If I had been invested in a NASDAQ ETF, I would have had a gain of about 2.6% at the end of the day on Friday.

This week's trade of the week is a Put Credit Spread again. I'll sell 2 PUT options on NQX with a strike price of $2,495 and an expiration of 19 August 2022. At the same time, I'll buy 2 PUT options on NQX with a strike price of $2,445 and an expiration date of 19 August. This trade has a maximum gain of about $210 as long as NQX closes above $2,495 on Friday, 19 August. 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 NQX happens to fall by 8% 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 (5 Aug 2022)

Last week I made a trade for a $204(1.02%) gain 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 2.01% at the market close on Friday.

This week's trade of the week is a Put Credit Spread again. I'll sell 2 PUT options on NQX with a strike price of $2,420 and an expiration of 12 August. At the same time, I'll buy 2 PUT options on NQX with a strike price of $2,370 and an expiration date of 12 August. This trade has a maximum gain of about $204 as long as NQX closes above $2,420 on Friday, 12 August, 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 NQX happens to fall by 8% 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 (29 July 2022)

Last week I made a trade for a $205(1.02%) gain 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 4.8% at the market close on Friday.

This week's trade of the week is a Put Credit Spread again. I'll sell 2 PUT options on NQX with a strike price of $2,370 and an expiration of 5 August.  At the same time, I'll buy 2 PUT options on NQX with a strike price of $2,320 and an expiration date of 5 August. This trade has a maximum gain of about $204 as long as NQX closes above $2,370 on Friday, 5 August, 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 NQX happens to fall by 7% 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 (22 July 2022)

Last week I made a trade for a $205(1.02%) gain 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 3.7% at the market close on Friday.

This week's trade of the week is a Put Credit Spread again. I'll sell 2 PUT options on NQX with a strike price of $2,290 and an expiration of 29 July.  At the same time, I'll buy 2 PUT options on NQX

 with a strike price of $2,240 and an expiration date of 29 July. This trade has a maximum gain of about $205 as long as NQX closes above $2,290 on Friday, 29 July, 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 NQX happens to fall by 7% 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 (15 July 2022)

Last week I made a trade for a $205(1.02%) gain 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 1.2% at the market close on Friday.

This week's trade of the week is a Put Credit Spread again. I'll sell 2 PUT options on NQX with a strike price of $2,100 and an expiration of 22 July.  At the same time, I'll buy 2 PUT options on NQX

 with a strike price of $2,050 and an expiration date of 22 July. This trade has a maximum gain of about $205 as long as NQX closes above $2,100 on Friday, 22 July, 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 NQX happens to fall by 8% 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 (8 July 2022)

Last week I made a trade for a $250(1.25%) gain 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 4.6% at the market close on Friday.

This week's trade of the week is a Put Credit Spread again. I'll sell 2 PUT options on NQX with a strike price of $2,220 and an expiration of 15 July.  At the same time, I'll buy 2 PUT options on NQX

 with a strike price of $2,170 and an expiration date of 15 July. This trade has a maximum gain of about $205 as long as NQX closes above $2,220 on Friday, 15 July, 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 NQX happens to fall by 8% 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 (1 July 2022)

Last week I didn't make a trade.  We were coming off of a big week, and it seemed a little risky to follow such a big gain.  If I had been invested in a NASDAQ ETF, I would have had a loss of about 3.5% at the market close on Friday.

This week's trade of the week is a Put Credit Spread again. I'll sell 2 PUT options on NQX with a strike price of $2,100 and an expiration of 8 July.  At the same time, I'll buy 2 PUT options on NQX with a strike price of $2,050 and an expiration date of 8 July. This trade has a maximum gain of about $250 as long as NQX closes above $2,100 on Friday, 8 July, 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 NQX happens to fall by 8% 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 June 2022)

Last week I made a trade for a $290(1.45%) gain 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 4.8% at the market close on Friday.

This week's trade of the week is a Put Credit Spread again. I'll sell 2 PUT options on NQX with a strike price of $2,050 and an expiration of 24 June.  At the same time, I'll buy 2 PUT options on NQX

 with a strike price of $2,000 and an expiration date of 24 Jun. This trade has a maximum gain of about $296 as long as NQX closes above $2,050 on Friday, 24 June, 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 NQX happens to fall by 10% 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 June 2022)

Last week's trade will give me a gain of $114 (.5%)on a $20K account when it expired at the end of the day Friday. If I had been invested in a NASDAQ ETF, I would have had a loss of about 5.7% at the end of the day on Friday.

This week's trade of the week is a Put Credit Spread again. I'll sell 2 PUT options on NQX with a strike price of $2,130 and an expiration of 17 June 2022. At the same time, I'll buy 2 PUT options on NQX with a strike price of $2,080 and an expiration date of 17 June. This trade has a maximum gain of about $290 as long as NQX closes above $2,130 on Friday, 17 June. 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 NQX happens to fall by 10% this week.  Clearly, I'm further away from the current price of NQX than normal, but I chose to go further because of how large the daily moves have been over the last week.  I'll go back to the standard 5% after the market calms down.

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 June 2022)

The trade from two weeks ago gave me a gain of $230 (1.1%) on a $20K account when it expires at the end of the day. If I had been invested in a NASDAQ ETF, I would have had a gain of about 6.8% at the close on 27 May.  If I had made a trade last week, I would have had a gain of at least 1% when the market was down by about 1%.

This week's trade of the week is a Put Credit Spread again.  I'll sell 2 PUT options on NQX with a strike price of $2,260 and an expiration of 10 June 2022.  At the same time, I'll buy 2 PUT options on NQX with a strike price of $2,210 and an expiration date of 10 June. This trade has a maximum gain of about $114 as long as NQX closes above $2,260 on Friday, 10 June 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 NQX happens to fall by 10% 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 (20 May 2020)

The trade from two weeks ago gave me a gain of $365 (1.7%) on a $20K account when it expires at the end of the day. If I had been invested in a NASDAQ ETF, I would have had a loss of about 2.9% at the close on 13 May.

This week's trade of the week is a Put Credit Spread again.  I'll sell 2 PUT options on NQX with a strike price of $2,070 and an expiration of 27 May 2022.  At the same time, I'll buy 2 PUT options on NQX with a strike price of $2,020 and an expiration date of 27 May. This trade has a maximum gain of about $230 as long as NQX closes above $2,070 on Friday, 27 May 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 NQX happens to fall by 10% 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 (6 May 2022)

Last week's trade will give me a gain of $460 (2.3%) on a $20K account when it expires at the end of the day. If I had been invested in a NASDAQ ETF, I would have had a loss of about 0.5% at 1 PM on Friday.

This week's trade of the week is a Put Credit Spread again.  I'll sell 2 PUT options on NQX with a strike price of $2,300 and an expiration of 13 May 2022.  At the same time, I'll buy 2 PUT options on NQX with a strike price of $2,250 and an expiration date of 13 May. This trade has a maximum gain of about $365 as long as NQX closes above $2,300 on Friday, 13 May 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 NQX happens to fall by 10% 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 (29 Apr 2022)

Last week's trade will give me a gain of $800 (4%)on a $20K account when it expires at the end of the day. If I had been invested in a NASDAQ ETF, I would have had a loss of about 3.7% at the end of the day on Friday.

This week's trade of the week is a Put Credit Spread again. I'll sell 2 PUT options on NQX with a strike price of $2,350 and an expiration of 6 May 2022. At the same time, I'll buy 2 PUT options on NQX with a strike price of $2,300 and an expiration date of 6 May. This trade has a maximum gain of about $460 as long as NQX closes above $2,350 on Friday, 6 May. 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 NQX happens to fall by 8% this week.  Clearly, I'm further away from the current price of NQX than normal, but I chose to go further because of how large the daily moves have been over the last week.  I'll go back to the standard 5% soon.

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 (22 Apr 2022)

Last week's trade will give me a gain of $550 (2.7%) on a $20K account when it expires at the end of the day. If I had been invested in a NASDAQ ETF, I would have had a loss of about 2.1% at the 11 AM on Friday.

This week's trade of the week is a Put Credit Spread again.  I'll sell 2 PUT options on NQX with a strike price of $2,550 and an expiration of 29 Apr 2022.  At the same time, I'll buy 2 PUT options on NQX with a strike price of $2,500 and an expiration date of 29 Apr. This trade has a maximum gain of about $800 as long as NQX closes above $2,550 on Friday, 29 Apr 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 NQX 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 (14 Apr 2022)

Last week's trade will give me a gain of $400(2%) on a $20K account when it expires at the end of the day. If I had been invested in a NASDAQ ETF, I would have had a loss of about 2.6% at the market close on Friday.

This week's trade of the week is a Put Credit Spread again.  I'll sell 2 PUT options on NQX with a strike price of $2,620 and an expiration of 22 Apr 2022.  At the same time, I'll buy 2 PUT options on NQX with a strike price of $2,570 and an expiration date of 1 Apr. This trade has a maximum gain of about $550 as long as NQX closes above $2,620 on Friday, 22 Apr 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 NQX 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 (8 Apr 2022)

Last week I made a trade for a $300(1.5%) gain on a $20K account when it expires at the end of the day today, however I didn't have time to post it. 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 2 PUT options on NQX with a strike price of $2,700 and an expiration of 14 Apr.  At the same time, I'll buy 2 PUT options on NQX with a strike price of $2,650 and an expiration date of 14 Apr. This trade has a maximum gain of about $400 as long as NQX closes above $2,700 on Thursday, 14 April, 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 NQX 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 (25 Mar 2022)

Last week's trade will give me a gain of $360(1.8%) on a $20K account when it expires at the end of the day. If I had been invested in a NASDAQ ETF, I would have had a gain of about 1.3% at 11 AM on Friday.

This week's trade of the week is a Put Credit Spread again.  I'll sell 2 PUT options on NQX with a strike price of $2,750 and an expiration of 1 Apr 2022.  At the same time, I'll buy 2 PUT options on NQX with a strike price of $2,700 and an expiration date of 1 Apr. This trade has a maximum gain of about $550 as long as NQX closes above $2,750 on Friday, 1 Apr 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 NQX 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 (18 March 2022)

Last week's trade will give me a gain of $325(1.6%) on a $20K account when it expires at the end of the day on 18 March. If I had been invested in a NASDAQ ETF, I would have had a gain of about 8% at the end of the day on Friday.  The market beat me this week, but I'm still ahead of my plan and ahead of the market for the year.

This week's trade of the week is a Put Credit Spread again. I still don't trust the market especially after such a large gain over the last week, so I'm going to go further out of the money than my normal 5% while still expecting to collect more than a 1% gain. I'll sell 2 PUT options on NQX with a strike price of $2,650 and an expiration of 25 Mar 2022.  At the same time, I'll buy 2 PUT options on NQX with a strike price of $2,600 and an expiration date of 25 Mar. This trade has a maximum gain of about $360 as long as NQX closes above $2,650 on Friday, 25 Mar 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 NQX 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 (11 Mar 2022)

Life got in the way again last week, so I wasn't able to make my weekly trade.  The trade from 2 weeks ago was successful as well, making $475 (2%) when NQX was down by over 2%.  Right now, I'm not too worried about missing a week since I'm up about 30% for the year.

This week's trade of the week is a Put Credit Spread again.  I'll sell 2 PUT options on NQX with a strike price of $2,500 and an expiration of 18 Mar 2022.  At the same time, I'll buy 2 PUT options on NQX with a strike price of $2,450 and an expiration date of 18 Mar. This trade has a maximum gain of about $325 as long as NQX closes above $2,500 on Friday, 18 Mar 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 NQX 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 (25 Feb 2022)

Last week's trade will give me a gain of $1,145(5.5%) 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 .04% at 1PM on Friday.

This week's trade of the week is a Put Credit Spread again. I don't trust the market this week, so I'm going to go further out of the money than my normal 5%. I'll sell 2 PUT options on NQX with a strike price of $2,600 and an expiration of 4 Mar 2022.  At the same time, I'll buy 2 PUT options on NQX with a strike price of $2,550 and an expiration date of 4 Mar. This trade has a maximum gain of about $475 as long as NQX closes above $2,600 on Friday, 4 Mar 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 NQX 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 (18 Feb 2022)

Last week's trade will give me a gain of $925 (4.6%) on a $20K account when it expires at the day today, as long as NQX remains above $2,760 at the end of the day today.  I'm not expecting the market to fall by another 1%, so I'll keep this trade open through expiration.  I will have to keep an eye on NQX for the next few hours, and I may have to change my plan if it does get too close to $2,760.

This week's trade of the week is a Put Credit Spread again. I'll sell 2 PUT options on NQX with a strike price of $2,650 and an expiration of 25 Feb 2022.  At the same time, I'll buy 2 PUT options on NQX with a strike price of $2,600 and an expiration date of 25 Feb. This trade has a maximum gain of about $1,145 as long as NQX closes above $2,650 on Friday, 25 Feb 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 NQX 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 (11 Feb 2022)

My day job got away from me last week, so I wasn't able to make a trade.  However, sticking w/ selling a Put Credit Spread 5% out of the money would have worked again this week.  The trade from 2 weeks ago gave me a gain of $1,500(7.5%) on a $20K account when it expired at the day Friday last week.

This week's trade of the week is a Put Credit Spread again. I'm switching my standard fund from NDX to NQX to get a little more flexibility.  I'll sell 2 PUT options on NQX with a strike price of $2,760 and an expiration of 18 Feb 2022.  At the same time, I'll buy 2 PUT options on NQX with a strike price of $2,710 and an expiration date of 18 Feb. This trade has a maximum gain of about $925 as long as NQX closes above $2,760 on Friday, 18 Feb 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 NQX 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 (28 Jan 2022)

Last week's trade will give me a gain of $1,170(5.1%) 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 1.2% at 1PM 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 $13,550 and an expiration of 4 Feb 2022.  At the same time, I'll buy a PUT option on NDX with a strike price of $13,450 and an expiration date of 4 Feb. This trade has a maximum gain of about $1,500 as long as NDX closes above $13,550 on Friday, 4 Feb 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 (21 Jan 2022)

OUCH!!  What an ugly week.  I was expecting a draw down, but not this much and definitely not this fast.

Last week's trade gave me a gain of $750(3.7%) on a $20K account when it expired this morning. If I had been invested in a NASDAQ ETF, I would have had a loss of about 5.4% 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 $14,000 and an expiration of 28 Jan 2022.  At the same time, I'll buy a PUT option on NDX with a strike price of $13,900 and an expiration date of 28 Jan. This trade has a maximum gain of about $1,170 as long as NDX closes above $14,000 on Friday, 28 Jan 2022.  I'm going to make sure to close this trade before the market closes on Thursday because this option expires when the market opens on Friday, 28 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 (14 Jan 2022)

Last week's trade will give me a gain of $525(2.6%) 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 $14,700 and an expiration of 21 Jan 2022.  At the same time, I'll buy a PUT option on NDX with a strike price of $14,600 and an expiration date of 21 Jan. This trade has a maximum gain of about $750 as long as NDX closes above $14,700 on Thursday, 20 Jan 2022.  I'm going to make sure to close this trade before the market closes on Thursday because this option expires when the market opens on Friday, 21 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 (07 Jan 2022)

Last week's trade can still give me a gain of $275 (1.3%) on a $20K account when it expires at the end of the day today.  Right now, I can't close the trade for a profit, so I'll have to keep it open until a little later in the day. If I had been invested in a NASDAQ ETF, I would have had a loss of about 4.7% at 11AM on Friday.  

Right now, I can make a few trading plans, but I don't actually want to enter a trade until I can close last week's trade or until NDX moves higher.  The plans that I'm looking at are either selling a Put Credit Spread where I sell 1 NDX Put at 15,000 and buy 1 NDX Put at 14,900; or a Put Credit Spread where I sell 2 NDX Puts at 15,000 and buy 2 NDX Puts at 14,925.  I would make 1 of these trades for a profit before the end of the day.   Depending on how close the market is to the price of the sold Put last week, I may close out last weeks trade at the same time or just plan to let it expire worthless.

UPDATE 1 (1:38PM):

I'm looking to close last week's trade while opening this week's trade of buying 1 NDX Put at 15,000 and buying 1 NDX Put at 14,900.  This trade combination should bring in about $525 this week.  Closing last week's trade will cost about $400, and opening this new trade will give me a credit of about $925; this combination comes out to a net gain of $525.

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

Dec 2021 Monthly Wrap-up

This was a successful month for both the NASDAQ 100 and for our Put Credit Spread strategy.  The NASDAQ 100 gained about 1.1% over the month of December.  Our Put Credit Strategy brought in $4,140 on an account valued at $20,000, coming out to a 20% gain for the 5 trades that reached their expiration date this month.  We would have had this gain as long as NDX did not have a 5% decline in any of the weeks of trading. 

This month the NDX had a gain that was slightly smaller than the 5-year average.  I was expecting December to close at 16,500, and it closed at 16,302. I'm expecting January to have a small gain again with a close around 16,500. On the longer time frame, I'm looking for a 7% loss over the next few months but I have no clue when or if it will show up.  These numbers are purely based on historical averages, and do not account for any social, economic or political factors.