Trade of the Week (4 Aug 2023)

My last trade resulted in a gain of $80 (0.4%) on a $20K account when it expired.

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 $2,800 and an expiration of 11 Aug 2023. At the same time, I'll buy 2 PUT options on NQX with a strike price of $2,760 and an expiration date of 11 August. This trade has a maximum gain of about $34 as long as NQX closes above $2,800 on Friday, 11 August, 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 10% this week.

Note: This trade is not a recommendation but is merely an account of what I may have executed in the past.

Trade of the Week (21 July 2023)

My last trade resulted in a gain of $44 (0.2%) on a $20K account when it expired.

The VIX is still low this week, so I'm not finding a 1-week trade that I like. For this week's trade of the week, I had to do a 2-week out Put Credit Spread, a type of options trading strategy that aims to take advantage of market volatility. By selling 2 $2,800 PUT options and buying 2 $2,760 PUT options, I'm expecting that NQX will close above $2,800 on Friday, 4 Aug, 2023. If this happens, I will keep the difference between the two options as profit, which is a maximum of $80 in this case. This isn't quite back to normal, but better than last week.

This trade was made in an account with a cash balance of $20,000 while risking only half the available cash. There is a buffer for potentially fixing the trade or taking action if NQX falls 10% over the next two week.

The information provided on this blog is for educational and informational purposes only and should not be construed as professional financial or investment advice. The content presented here is based on the author's personal opinions and research, which may not always be accurate, complete, or up-to-date.

Trade of the Week (7 July 2023)

My last trade resulted in a gain of $80 (0.4%) on a $20K account when it expired.

The VIX is still low this week, so I'm not finding a 1-week trade that I like. For this week's trade of the week, I had to do a 2-week out Put Credit Spread, a type of options trading strategy that aims to take advantage of market volatility. By selling 2 $2,700 PUT options and buying 2 $2,650 PUT options, I'm expecting that NQX will close above $2,700 on Friday, 21 July, 2023. If this happens, I will keep the difference between the two options as profit, which is a maximum of $44 in this case. This isn't really worth my time, but I guess every little bit helps.

This trade was made in an account with a cash balance of $20,000 while risking only half the available cash. There is a buffer for potentially fixing the trade or taking action if NQX falls 10% over the next two week.

The information provided on this blog is for educational and informational purposes only and should not be construed as professional financial or investment advice. The content presented here is based on the author's personal opinions and research, which may not always be accurate, complete, or up-to-date.

Trade of the Week (23 Jun 2023)

Last week's trade doesn't expire until next week. It's still working, so I'm going to just let it ride. If invested in a NASDAQ ETF, there would have been a loss of 1.5% at the close of trading on Friday.

This week there's no new trade.

The information provided on this blog is for educational and informational purposes only and should not be construed as professional financial or investment advice. The content presented here is based on the author's personal opinions and research, which may not always be accurate, complete, or up-to-date.

Trade of the Week (16 Jun 2023)

The trade from 2 weeks ago resulted in a gain of $206 (1.03%) on a $20K account when it expired at the end of the day. On the other hand, if invested in a NASDAQ ETF, there would have been a 3.8% gain at the close of trading on Friday.

The VIX is still low this week, so I'm not finding a 1-week trade that I like. For this week's trade of the week, I had to do a 2-week out Put Credit Spread, a type of options trading strategy that aims to take advantage of market volatility. By selling 2 $2,720 PUT options and buying 2 $2,670 PUT options, I'm expecting that NQX will close above $2,720 on Friday, 30 June, 2023. If this happens, I will keep the difference between the two options as profit, which is a maximum of $80 in this case.

This trade was made in an account with a cash balance of $20,000 while risking only half the available cash. There is a buffer for potentially fixing the trade or taking action if NQX falls 10% over the next two week.

The information provided on this blog is for educational and informational purposes only and should not be construed as professional financial or investment advice. The content presented here is based on the author's personal opinions and research, which may not always be accurate, complete, or up-to-date.

Trade of the Week (9 Jun 2023)

Last week's trade doesn't expire until next week. It's still working, so I'm going to just let it ride. If invested in a NASDAQ ETF, there would have been a loss of less than .05% at the close of trading on Friday.

This week there's no new trade.

The information provided on this blog is for educational and informational purposes only and should not be construed as professional financial or investment advice. The content presented here is based on the author's personal opinions and research, which may not always be accurate, complete, or up-to-date.

Trade of the Week (2 Jun 2023)

Last week's trade resulted in a gain of $96 (0.48%) on a $20K account when it expired at the end of the day. On the other hand, if invested in a NASDAQ ETF, there would have been a 1.7% gain at the close of trading on Friday.

The VIX is really low this week, so I'm not finding a 1-week trade that I like. For this week's trade of the week, I had to do a 2-week out Put Credit Spread, a type of options trading strategy that aims to take advantage of market volatility. By selling 2 $2,650 PUT options and buying 2 $2,600 PUT options, I'm expecting that NQX will close above $2,650 on Friday, 16 June, 2023. If this happens, I will keep the difference between the two options as profit, which is a maximum of $206 in this case.

This trade was made in an account with a cash balance of $20,000 while risking only half the available cash. There is a buffer for potentially fixing the trade or taking action if NQX falls 8% over the next 2 weeks.

The information provided on this blog is for educational and informational purposes only and should not be construed as professional financial or investment advice. The content presented here is based on the author's personal opinions and research, which may not always be accurate, complete, or up-to-date.

Trade of the Week (26 May 2023)

Last week's trade resulted in a gain of $88 (0.44%) on a $20K account when it expired at the end of the day. On the other hand, if invested in a NASDAQ ETF, there would have been a 0.66% gain at the close of trading on Friday.

This week's trade of the week is a Put Credit Spread, a type of options trading strategy that aims to take advantage of market volatility. By selling 2 $2,600 PUT options and buying 2 $2,550 PUT options, I'm expecting that NQX will close above $2,600 on Friday, 2 June, 2023. If this happens, I will keep the difference between the two options as profit, which is a maximum of $96 in this case.

This trade was made in an account with a cash balance of $20,000 while risking only half the available cash. There is a buffer for potentially fixing the trade or taking action if NQX falls 9% this week.

The information provided on this blog is for educational and informational purposes only and should not be construed as professional financial or investment advice. The content presented here is based on the author's personal opinions and research, which may not always be accurate, complete, or up-to-date.

Trade of the Week (19 May 2023)

Last week's trade resulted in a gain of $114 (0.57%) on a $20K account when it expired at the end of the day. On the other hand, if invested in a NASDAQ ETF, there would have been a 3.5% gain at the close of trading on Friday.

This week's trade of the week is a Put Credit Spread, a type of options trading strategy that aims to take advantage of market volatility. By selling 2 $2,570 PUT options and buying 2 $2,520 PUT options, I'm expecting that NQX will close above $2,570 on Friday, 26 May, 2023. If this happens, I will keep the difference between the two options as profit, which is a maximum of $88 in this case.

This trade was made in an account with a cash balance of $20,000 while risking only half the available cash. There is a buffer for potentially fixing the trade or taking action if NQX falls 8% this week.

The information provided on this blog is for educational and informational purposes only and should not be construed as professional financial or investment advice. The content presented here is based on the author's personal opinions and research, which may not always be accurate, complete, or up-to-date.

Trade of the Week (12 May 2023)

Last week's trade resulted in a gain of $140 (0.7%) on a $20K account when it expired at the end of the day. On the other hand, if invested in a NASDAQ ETF, there would have been a 0.66% gain at the close of trading on Friday.

This week's trade of the week is a Put Credit Spread, a type of options trading strategy that aims to take advantage of market volatility. By selling 2 $2,420 PUT options and buying 2 $2,370 PUT options, I'm expecting that NQX will close above $2,420 on Friday, 19 May, 2023. If this happens, I will keep the difference between the two options as profit, which is a maximum of $114 in this case.

This trade was made in an account with a cash balance of $20,000 while risking only half the available cash. There is a buffer for potentially fixing the trade or taking action if NQX falls 8% this week.

Please note that the trade described above is not a recommendation but is just an example of a past trade.

Trade of the Week (5 May 2023)

Last week's trade resulted in a gain of $86 (0.43%) on a $20K account when it expired at the end of the day. On the other hand, if invested in a NASDAQ ETF, there would have been a 0.1% gain at the close of trading on Friday.

This week's trade of the week is a Put Credit Spread, a type of options trading strategy that aims to take advantage of market volatility. By selling 2 $2,400 PUT options and buying 2 $2,350 PUT options, I'm expecting that NQX will close above $2,400 on Friday, 12 May, 2023. If this happens, I will keep the difference between the two options as profit, which is a maximum of $140 in this case.

This trade was made in an account with a cash balance of $20,000 while risking only half the available cash. There is a buffer for potentially fixing the trade or taking action if NQX falls 8% this week.

Please note that the trade described above is not a recommendation but is just an example of a past trade.

Trade of the Week (28 April 2023)

Last week, I made a trade for a $110(0.51%) 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 weekly gain of about 1.8% 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 $2,440 and an expiration of 5 May 2023. At the same time, I'll buy 2 PUT options on NQX with a strike price of $2,390 and an expiration date of 5 May. This trade has a maximum gain of about $86 as long as NQX closes above $2,250 on Friday, 5 May, 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 10% this week.

Note: This trade is not a recommendation but is merely an account of what I may have executed in the past.

Trade of the Week (21 April 2023)

Last week, I made a trade for a $110(0.55%) 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 weekly loss of about 0.7% 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 $2,390 and an expiration of 28 April 2023. At the same time, I'll buy 2 PUT options on NQX with a strike price of $2,340 and an expiration date of 28 April. This trade has a maximum gain of about $102 as long as NQX closes above $2,390 on Friday, 28 April, 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 6.8% this week.

Note: This trade is not a recommendation but is merely an account of what I may have executed in the past.

Trade of the Week (14 Apr 2023)

Last week, I made a trade for a $140(0.7%) 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 weekly gain of about 0.01% 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 $2,360 and an expiration of 21 April 2023. At the same time, I'll buy 2 PUT options on NQX with a strike price of $2,310 and an expiration date of 21 April. This trade has a maximum gain of about $110 as long as NQX closes above $2,360 on Friday, 10 March, 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 9.8% this week.

Note: This trade is not a recommendation but is merely an account of what I may have executed in the past.

Trade of the Week (6 April 2023)

I didn't have a trade last week, but I would have been successful sticking with selling a put 5-10% out of the money for a gain of 0.5-1%.  If I had been invested in a NASDAQ ETF, I would have had a weekly loss of about 3.1% 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 $2,400 and an expiration of 14 April 2023.  At the same time, I'll buy 2 PUT options on NQX with a strike price of $2,350 and an expiration date of 14 April. This trade has a maximum gain of about $140 as long as NQX closes above $2,400 on Friday, 14 April, 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 8.2% this week.

Note: This trade is not a recommendation but is merely an account of what I may have executed in the past.

Trade of the Week (31 March 2023)

Last week's trade resulted in a gain of $160 (0.8%) on a $20K account when it expired at the end of the day on Friday. If I had invested in a NASDAQ ETF, I would have had a gain of about 3.2% for the week.

I didn't have time to set up a new trade this week, but I'll be back next week.

Trade of the Week (24 March 2023)

Last week's trade resulted in a gain of $174 (0.87%) on a $20K account when it expired at the end of the day. On the other hand, if invested in a NASDAQ ETF, there would have been a 1.8% gain at the close of trading on Friday.

This week's trade of the week is a Put Credit Spread, a type of options trading strategy that aims to take advantage of market volatility. By selling 2 $2,290 PUT options and buying 2 $2,230 PUT options, I'm expecting that NQX will close above $2,290 on Friday, 31 March, 2023. If this happens, I will keep the difference between the two options as profit, which is a maximum of $160 in this case.

This trade was made in an account with a cash balance of $20,000 while risking only half the available cash. There is a buffer for potentially fixing the trade or taking action if NQX falls 9% this week.

Please note that the trade described above is not a recommendation but is just an example of a past trade.

Trade of the Week (17 March 2023)

Last week, I made a trade for a $224(1.12%) 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 weekly gain of about 5.8% 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 $2,250 and an expiration of 24 March 2023. At the same time, I'll buy 2 PUT options on NQX with a strike price of $2,200 and an expiration date of 24 March. This trade has a maximum gain of about $174 as long as NQX closes above $2,250 on Friday, 24 March, 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 10% this week.

Note: This trade is not a recommendation but is merely an account of what I may have executed in the past.

Trade of the Week (10 Mar 2023)

Last week, I made a trade for a $104(0.52%) 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 weekly loss 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 $2,200 and an expiration of 17 March 2023. At the same time, I'll buy 2 PUT options on NQX with a strike price of $2,150 and an expiration date of 17 March. This trade has a maximum gain of about $224 as long as NQX closes above $2,200 on Friday, 12 March, 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 7.1% this week.

Note: This trade is not a recommendation but is merely an account of what I may have executed in the past.

Trade of the Week (3 Mar 2023)

Last week, I made a trade for a $216(1.08%) 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 weekly gain 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 $2,300 and an expiration of 10 March 2023. At the same time, I'll buy 2 PUT options on NQX with a strike price of $2,250 and an expiration date of 10 March. This trade has a maximum gain of about $104 as long as NQX closes above $2,300 on Friday, 10 March, 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 6.8% this week.

Note: This trade is not a recommendation but is merely an account of what I may have executed in the past.

Trade of the Week (24 Feb 2023)

On Tuesday, I made a trade for a $100(0.50%) 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 weekly loss of about 3.1% 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 $2,270 and an expiration of 3 March 2023.  At the same time, I'll buy 2 PUT options on NQX with a strike price of $2,220 and an expiration date of 3 March. This trade has a maximum gain of about $216 as long as NQX closes above $2,270 on Friday, 3 March, 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 4.8% this week.

Note: This trade is not a recommendation but is merely an account of what I may have executed in the past.

Trade of the Week (21 Feb 2023)

Last week's trade resulted in a gain of $90 (0.45%) on a $20K account when it expired at the end of the day on Friday. If I had invested in a NASDAQ ETF, I would have had a nearly equal gain of about 0.48% for the week.

This week's trade of the week is a little late, but is still a Put Credit Spread. I will sell 2 PUT options on NQX with a strike price of $2,290 and an expiration of 24 Feb 2023. At the same time, I'll buy 2 PUT options on NQX with a strike price of $2,240 and an expiration date of 24 Feb 2023. This trade has a maximum gain of about $100 as long as NQX closes above $2,290 on Friday, 24 Feb 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 8% this week.

Note: This trade is not a recommendation but is merely an account of what I may have executed in the past.

Trade of the Week (10 Feb 2023)

Last week's trade resulted in a gain of $90 (0.45%) on a $20K account when it expired at the end of the day. On the other hand, if invested in a NASDAQ ETF, there would have been a 2.1% loss at the close of trading on Friday.

This week's trade of the week is a Put Credit Spread, a type of options trading strategy that aims to take advantage of market volatility. By selling 2 $2,230 PUT options and buying 2 $2,180 PUT options, I'm expecting that NQX will close above $2,230 on Friday, 17 Feb 2023. If this happens, I will keep the difference between the two options as profit, which is a maximum of $184 in this case.

This trade was made in an account with a cash balance of $20,000 while risking only half the available cash. There is a buffer for potentially fixing the trade or taking action if NQX falls 9% this week.

Please note that the trade described above is not a recommendation but is just an example of a past trade.

Trade of the Week (3 Feb 2023)

Last week I didn't make a trade, so this week was really a draw rather than a win.  If I had been invested in a NASDAQ ETF, I would have had a gain of about 3.3% 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 $2,300 and an expiration of 10 Feb.  At the same time, I'll buy 2 PUT options on NQX with a strike price of $2,250 and an expiration date of 10 Feb. This trade has a maximum gain of about $90 as long as NQX closes above $2,300 on Friday, 10 February, 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 8% this week. This trade is for a smaller gain than normal, but the market has moved a lot higher in a really short period of time. So, I'm playing it a little safer than normal.

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 Jan 2022)

Last week I made a trade for a $206 (1.03%) 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% on Friday.

This week, work won out over making time to set up a new trade. So I'll sit this one out and watch from the bench this week.

Trade of the Week (20 Jan 2023)

Last week, I made a trade for a $206 (1.03%) 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 weekly gain of about 0.6% 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 $2,150 and an expiration of 27 January.  At the same time, I'll buy 2 PUT options on NQX with a strike price of $2,000 and an expiration date of 27 Jan. This trade has a maximum gain of about $206 as long as NQX closes above $2,150 on Friday, 27 January, 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 6.5% 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 (13 Jan 2023)

Last week I made a trade for a $224(1.12%) 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 4.4% 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 $2,160 and an expiration of 20 January 2023.  At the same time, I'll buy 2 PUT options on NQX with a strike price of $2,110 and an expiration date of 20 January. This trade has a maximum gain of about $206 as long as NQX closes above $2,160 on Friday, 20 January, 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 6.5% 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 (6 Jan 2023)

Last week's trade will give me a gain of $204 (1.02%) 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% 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 $2,020 and an expiration of 13 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 13 Jan. This trade has a maximum gain of about $224 as long as NQX closes above $2,020 on Friday, 13 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 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.