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.

Trade of the Week (17 June 2022)

Last week I made a trade for a $290(1.45%) 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 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 $2,050 and an expiration of 24 June.  At the same time, I'll buy 2 PUT options on NQX

 with a strike price of $2,000 and an expiration date of 24 Jun. This trade has a maximum gain of about $296 as long as NQX closes above $2,050 on Friday, 24 June, 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 (10 June 2022)

Last week's trade will give me a gain of $114 (.5%)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 5.7% 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 $2,130 and an expiration of 17 June 2022. At the same time, I'll buy 2 PUT options on NQX with a strike price of $2,080 and an expiration date of 17 June. This trade has a maximum gain of about $290 as long as NQX closes above $2,130 on Friday, 17 June. 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.  Clearly, I'm further away from the current price of NQX than normal, but I chose to go further because of how large the daily moves have been over the last week.  I'll go back to the standard 5% after the market calms down.

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 (3 June 2022)

The trade from two weeks ago gave me a gain of $230 (1.1%) 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 6.8% at the close on 27 May.  If I had made a trade last week, I would have had a gain of at least 1% when the market was down by about 1%.

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 $2,260 and an expiration of 10 June 2022.  At the same time, I'll buy 2 PUT options on NQX with a strike price of $2,210 and an expiration date of 10 June. This trade has a maximum gain of about $114 as long as NQX closes above $2,260 on Friday, 10 June 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 (20 May 2020)

The trade from two weeks ago gave me a gain of $365 (1.7%) 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 2.9% at the close on 13 May.

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 $2,070 and an expiration of 27 May 2022.  At the same time, I'll buy 2 PUT options on NQX with a strike price of $2,020 and an expiration date of 27 May. This trade has a maximum gain of about $230 as long as NQX closes above $2,070 on Friday, 27 May 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 (6 May 2022)

Last week's trade will give me a gain of $460 (2.3%) 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 0.5% at 1 PM 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 13 May 2022.  At the same time, I'll buy 2 PUT options on NQX with a strike price of $2,250 and an expiration date of 13 May. This trade has a maximum gain of about $365 as long as NQX closes above $2,300 on Friday, 13 May 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 (29 Apr 2022)

Last week's trade will give me a gain of $800 (4%)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 3.7% 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 $2,350 and an expiration of 6 May 2022. At the same time, I'll buy 2 PUT options on NQX with a strike price of $2,300 and an expiration date of 6 May. This trade has a maximum gain of about $460 as long as NQX closes above $2,350 on Friday, 6 May. 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.  Clearly, I'm further away from the current price of NQX than normal, but I chose to go further because of how large the daily moves have been over the last week.  I'll go back to the standard 5% soon.

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 Apr 2022)

Last week's trade will give me a gain of $550 (2.7%) 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 2.1% at the 11 AM 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 $2,550 and an expiration of 29 Apr 2022.  At the same time, I'll buy 2 PUT options on NQX with a strike price of $2,500 and an expiration date of 29 Apr. This trade has a maximum gain of about $800 as long as NQX closes above $2,550 on Friday, 29 Apr 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 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 (14 Apr 2022)

Last week's trade will give me a gain of $400(2%) 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 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 $2,620 and an expiration of 22 Apr 2022.  At the same time, I'll buy 2 PUT options on NQX with a strike price of $2,570 and an expiration date of 1 Apr. This trade has a maximum gain of about $550 as long as NQX closes above $2,620 on Friday, 22 Apr 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 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 (8 Apr 2022)

Last week I made a trade for a $300(1.5%) gain on a $20K account when it expires at the end of the day today, however I didn't have time to post it. If I had been invested in a NASDAQ ETF, I would have had a loss of about 2.8% at 11AM 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 $2,700 and an expiration of 14 Apr.  At the same time, I'll buy 2 PUT options on NQX with a strike price of $2,650 and an expiration date of 14 Apr. This trade has a maximum gain of about $400 as long as NQX closes above $2,700 on Thursday, 14 April, 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 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.