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.