Selling Options For A livinig
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$TSLA closed put spreads for 58% profit and $278 income.
This one will close worthless most likely but I've reached my target so I'm closing and moving on.
If you are in it, you can stay till the end and get 100% income on the premium but it's another two weeks of risk that maybe something could happen so I'm moving on with the cash in my account.
I hope you guys made money on this one, it was just too easy yesterday not to write puts on this one.
$Z closed my spread of 90% income in 24 hours.
$270 earned and the call spreads are now closed and move on.
$Z closed my spread of 90% income in 24 hours.
$270 earned and the call spreads are now closed and move on.
Sounds good.
Good luck man
No problem lol :)
it's easy to place a spread or a condor, there are subjects for each trade
for example at my broker there is put,call,call spreads, put spreads, iron condor and many others and I just choose one that I want and it opens automatically for me to just put in the trade
It will be simple with time don't worry my friend
Ziv
Side Note - as oppose to 95% if options traders, mathematical numbers approves my trades and not if the stock is hot or not to trade on
Good morning everyone.
My alert list is ready - I will write call spreads on $FSLR
I will also write Iron Condors on $AMAT and $VLO.
Will update once filled
$Z down 7% AH to $96 and my Call Spreads have insurance against it going up to around $120 so it looks like another great winning spread :)
Good night all :)
$TSLA up After Hours while the rest of the world bet and buying puts, I sold another spread that looks now as easy Money
Closed my $ATVI Iron Condor for $550 income on the premium which is 73% profit in 24 hours
God I love math that helped me take this trade :)
Closed my $ATVI Iron Condor for $550 income on the premium which is 73% profit in 24 hours
God I love math that helped me take this trade :)
(Ihub was down when I closed it)
Closed one leg of the $CSCO Iron Condor $22.5-20.5 for $48 profit.
Second leg of the condor still open and I'll close it before earnings
(ihub was down while I did it)
Closed one leg of the $CSCO Iron Condor $22.5-20.5 for $48 profit.
Second leg of the condor still open and I'll close it before earnings
(ihub was down while I did it)
$TSLA Put Spread
Couldn't help myself and sold another spread on this great car brand.
Sell 5 more $TSLA 197.5-192.5 Nov14 Put Spreads for $275 Premium
$TSLA Put Spread
Couldn't help myself and sold another spread on this great car brand.
Sell 5 more $TSLA 197.5-192.5 Nov14 Put Spreads for $275 Premium
I'm guessing its pre earnings which should be in 24 hours and it should be a good one so people buy the stock before
Yes good day for the conpany.
Follow me on twitter and see my trades live @selling_options
$RIG - Hopefully trade of the day
Sell 25 $RIG 24-32 Nov14 Iron Condors for $500.
Sell 25 Put Buy 24 Put
Sell 31 Call Buy 32 Call
$RIG - Hopefully trade of the day
Sell 25 $RIG 24-32 Nov14 Iron Condors for $500.
Sell 25 Put Buy 24 Put
Sell 31 Call Buy 32 Call
$PNRA - closed second leg of $PNRA 160-155 and the whole Iron Condor is closed for a total income of $307 out of $600 possible.
51% profit reached my target and moved on.
closed second leg of $PNRA Iron Condor for total income of $307 out of $600 possible.
51% profit and move on
$AOL Iron Condors
Sell 10 $AOL Nov14 38-49.5 Iron Condors
For 9% insurance both ways and $500 premium, I like my odds :)
Sell 40 Put Buy 38 Put
Sell 47.5 Call Buy 49.5 Call
$Z Call Spreads
Sell 10 $Z $119-$121 Nov14 Call Spreads with 11% insurance against up move and $300 Premium.
Sell $119 Call Buy $121 Call
$MCD $120 profit.
Just closed $MCD 87.5-85 Dec leg for $120
Second leg still open
$MCD $120 profit.
Just closed $MCD 87.5-85 Dec leg for $120
Second leg still open
$AOL Iron Condors
Sell 10 $AOL Nov14 38-49.5 Iron Condors
For 9% insurance both ways and $500 premium, I like my odds :)
Sell 40 Put Buy 38 Put
Sell 47.5 Call Buy 49.5 Call
Filled -
Sell 10 $Z $119-$121 Nov14 Call Spreads with 11% insurance against up move and $300 Premium.
Sell $119 Call Buy $121 Call
Good morning everyone,
My trade list for today is ready-
I will sell call spreads on $Z And I will do Iron Condors on - $AOL and RIG.
Will post once filled.
Ziv
$ATVI was halted after a great earnings so I expected to resume 20% up but it's only up 3% after hours so I have till 9% insurance before I start to lose on the condoer.
Good night everyone and it was a great first day, let's hope for many more to come :)
I hope I would make all of you followers rich in the future
Looks like tomorrow I might take a hit on $FEYE and $ATVI
:) as long as the overall month is a win which looks that way, I'm good :)
Closed first leg of $KORS #Ironcondor $86-$89 side for $185 income.
Second leg still open
I just closed second leg of $PCLN #Ironcondor for (-$360)
The whole condor was closed for $840 income on the premium which is 25% profit in a few days. not bad for a $1,000+ stock :)
I just closed second leg of $PCLN #Ironcondor for (-$360)
The whole condor was closed for $840 income on the premium which is 25% profit in a few days. not bad for a $1,000+ stock :)
Here is my trade -
Sell 8 $DUK $77.5-$87.5 Nov14 #Ironcondors Market Order For $320 Premium.
Sell $80 Put Buy $77.5 Put
Sell $85 Call Buy $87.5 Call
Here is my trade -
Sell 8 $DUK $77.5-$87.5 Nov14 #Ironcondors Market Order Fo r$320 Premium.
Sell $80 Put Buy $77.5 Put
Sell $85 Call Buy $87.5 Cal
Not a problem buddy, that's why I'm here to help others become rich by selling options.
Follow me on twitter where I post the trades I make live before IHUB
I'm from Israel and I use option express with no problems :)
It's a broker that specialize in options trading.
You can use whichever broker you like.
There are many good brokers out there such as think or swim and scottrade and etrade which are all great brokers where you trade on everything including options.
I just like the specialization on options at option express so I chooses them plus I like the simulation It does before each trade so that's what got me hooked a few years back :)
But all of them are doing the same thing, brokerage houses that take commissions from your trades no matter if you win or lose ;)
Don't worry, no question is naive question.
Everyone including myself were in your position one day so it's all ok.
Regarding what you asked it really doesn't have one clear answer.
For example you have the share price of a $20 stock like $ATVI or $80 stock like $BOFI or $200 stock like $AMZN and it will require different amount in your account to sell each.
It also depends the amount you sell. You can sell 1 condor or 1 spread or 25 of them like I did on $ATVI it all depends on your risk tolerance and the amount you want to make while risking a certain amount as well.
I for example made $5.4M ($5,400,000) from selling options in the past decade and most of my funds are tied up to real estate to generate me monthly income so I have an account which started of $100k that I trade on and I try to stick to my 2% rule so I won't risk more than a max lose of $2,000 per trade even if max win per trade is around $250 average.
I have margin account but I prefer not to use it if I don't have to.
I use option express platform and before each trade you have an option to watch simulation to see max profits or lost per the trade you are going to make before you take it so you can make adjustments as you wish.
It is a great tool that I use before finalizing my decision.
I hope this helps :)
Got filled -
Sell 25 $ATVI $17.5-$23 Nov14 Iron Condors with 9% insurance either way and $625 premium.
Sell $18.5 Put Buy $17.5 Put.
Sell $22 Call buy $23 Call.