Friday, February 3, 2023

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.

Friday, January 27, 2023

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.

Friday, January 20, 2023

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.

Friday, January 13, 2023

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.

Friday, January 6, 2023

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.

Friday, December 30, 2022

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.

Friday, December 23, 2022

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.

Friday, December 16, 2022

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.

Tuesday, December 13, 2022

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.

Friday, December 2, 2022

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.

Friday, November 25, 2022

Trade of the Week (25 Nov 2022)

Last week I made a trade for a $218(1.09%) 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 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 $2,190 and an expiration of 2 December.  At the same time, I'll buy 2 PUT options on NQX with a strike price of $2,140 and an expiration date of 2 December. This trade has a maximum gain of about $210 as long as NQX closes above $2,190 on Friday, 2 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 6.9% this week.

The trade discussed above is not a recommendation but is merely an account of what I may have executed in the past.

Friday, November 18, 2022

Trade of the Week (18 Nov 2022)

Two weeks ago I made a trade for a $220 (1.1%) gain on a $20K account when it expired at expiration on 11 Nov.  If I had been invested in a NASDAQ ETF, I would have had a gain of about 8.7% at the market close on last 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 $2,190 and an expiration of 25 Nov.  At the same time, I'll buy 2 PUT options on NQX
 with a strike price of $2,140 and an expiration date of 25 Nov. This trade has a maximum gain of about $218 as long as NQX closes above $2,190 on Friday, 25 November, 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 6.3% this week.

The trade discussed above is not a recommendation but is merely an account of what I may have executed in the past.

Monday, November 7, 2022

Trade of the Week (4 Nov 2022)

Last week I made a trade for a $202(1.01%) 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 5.9% 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 $1,990 and an expiration of 11 Nov.  At the same time, I'll buy 2 PUT options on NQX with a strike price of $1,940 and an expiration date of 11 Nov. This trade has a maximum gain of about $220 as long as NQX closes above $1,990 on Friday, 11 November, 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.