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.