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.