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.