Selling Options For A livinig
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$QIHU - $810 Win Trade
Just closed my 75-80 call spreads on this for $810 income and 75% profit on the premium
$UNG -
Sell 25 $UNG 17-12 Jan15 Put Spreads for around 10% insurance to the downsize ( after it went down allot past 10 days or so) and $1,175 premium
That's what I'm thinking as well and my math formula helped me and choose 17-12 put spreads for Jan15 for $1,175 premium
$UNG -
Sell 25 $UNG 17-12 Jan15 Put Spreads for around 10% insurance to the downsize ( after it went down allot past 10 days or so) and $1,175 premium
Good call buddy and my math formula just made me wrote this new trade for Jan so stay tune and look
I am my friend, that is what I'm doing.
Each trade I take I post it in here, on twitter and on the board here of the stock.
I think the main issue with Ihub is most people are mostly active on OTC boards and I don't touch those...plus you can't write options on those so it's an issue to attract many people from here
500 Posts :)
Good job guys and girls. in less than two months time we have reached 500 posts :)
I guess people are starting to understand the only way to make money for long term again and again is by selling options and not by buying them...
I will close my $QIHU and $HD spreads today. no new trades as on now
Let's reach 1,000 posts next :)
My friend, all my spreads are credit spreads and not debit spreads...:)
Yes on $HTZ and $GME it has been a harsh two weeks to look at them but so far so good.
I closed also $HTZ today for $500 profit just because I've reached my 50% target on the trade.
$GME on the other hand the math formula gave me 25% insurance and around $1,000 premium which was amazing. little did I know a week later it will be about 23% down...:) but it never touched that "magic" number as you said and today it is going up nicely so I'm with you, probably will hold about a week or so more and will close just to stick to my rules.
Here is a lesson to many of you who wants to choose the strike prices alone and not use the math formula. if you wrote a put spread on $GME I doubt if someone would choose 25% so far out of the money spreads and instead you would most likely write 10-15% spread and would be in a very huge loss right now.
My point - stick to math and let all other calculations out of your head.
It made me $5.4M. no reason it shouldn't make you that amount as well
not really options but I bought $10k worth of $ARO now
I think it will go up on earnings but it's just me guessing :)
not really options but I bought $10k worth of $ARO now
I think it will go up on earnings but it's just me guessing :)
I'm sorry to hear that my friend.
Hope all will be well
Ziv
Tomorrow $1,500 income on $QIHU And $HD
I will close in 24 hours my call spreads on $QIHU For around $1,000.
It is 75-80 call spreads and after earnings last week it went from 67 to 77 and now it's back at $65...you gotta trust the math.
And my $HD iron condor didn't move for two weeks so more income for me :)
$TASR Hype really fading and I predicted and my math helped me write long out of the money call spreads which are making money now on the 6% down today on the stock
$HTZ - Win Trade
Just closed my $26-$30 call spreads for $500 income and 57% profit on the premium
$HTZ - $500 Win Trade
Just closed my $26-$30 call spreads for $500 income and 57% profit on the premium
No problem,
How about donating for charity $250 bucks and purchasing my math formula to generate income again and again for years to come buddy?
All I know my friend is that my math formula told me to write Iron condors on $GLD about two weeks ago for around $1,000 premium and since it doesn't move allot exactly as my math formula suggested, it will be a good income play
I was about to close my $HTZ trade as well :) P will do so now
$GME so far should close for 100% profit till expiration so have patience and I think in a week it will be a nice profit.
$USO caught me by suprise so I just wrote more for Jan15 but so far its getting some movement up so never say never...it might go back up till expiration which is more than 2 weeks from now
$YHOO - Win Trade
Just closed my $55-$60 call spreads for $210 profit and 61% income on the premium
$YHOO - Win Trade
Just closed my $55-$60 call spreads for $210 profit and 61% income on the premium
$GME and $RIG looking good today and will make money by expiration I think
$DG -
Sell 18 $DG 75-80 Jan15 Call Spreads for $900 premium and 12% insurance against a move for a 20B company...good odds thanks to the math formula
$DG -
Sell 18 $DG 75-80 Jan15 Call Spreads for $900 premium and 12% insurance against a move for a 20B company...good odds thanks to the math formula
Great advise and I will add : " always use a stop loss, so you won't even reach a total account wipe out"
Trade Of The Day -
I will write call spreads on $DG for about 12% insurance and $900 premium.
This is a $20B company and I don't see it moving allot in the next months and half.
According to my math formula this is a trade I wouldn't have made.
It fails on the first stage of IV vs HV so my math didn't even move to the other steps...
I suggest my friend instead of risking around $12,500 in margin with 12% insurance ( since I look on the high number not the low number to be safer)
Just go ahead and donate a merely $250 to charity and get the math formula that I use so you can take better trades and make money with less risk again and again month after month...
If you are interested, let me know
Ziv
Well thank you buddy :)
and $TSLA is now in the green. hope you guys took the $210-$205 put spread for $1,250 #income
and $TSLA is now in the green. hope you guys took the $210-$205 put spread for $1,250 #income
Yes my friend, but I trade the math formula and if it gives me 3-4 losing trades per month and 15-20 winning trades per month, I don't mind :)
I agree with you :)
Feel free to follow all my trades that I'm making using my math formula on my twitter account at @selling_options
:)
It's never a winner till you close in a profit, see $USO case but yes I agree with you :)
The implied volatility is lower than the historic volatility so the premium we get is by average lower.
Doesn't mean it's a bad trade just mean lower than average income but I think it's a good trade and hey, money is money :)
$TSLA -
Not math guys but my mind made this trade only but people say I'm smart :)
Sell 25 $TSLA 210-205 Dec14 Put Spreads for $1,250 income and 10% insurance to the downside after it went already 5% down yesterday.
Good odds for two weeks I think
$TSLA -
Not math guys but my mind made this trade only but people say I'm smart :)
Sell 25 $TSLA 210-205 Dec14 Put Spreads for $1,250 income and 10% insurance to the downside after it went already 5% down yesterday.
Good odds for two weeks I think
$C -
Sell 25 $C 45-62.5 Jan15 Iron Condor.
Sell 50 Put Buy 45 Put
Sell 57.5 Call Buy 62.5 Call
For a low risk of 8% movement and $1,250 premium
$C -
Sell 25 $C 45-62.5 Jan15 Iron Condor.
Sell 50 Put Buy 45 Put
Sell 57.5 Call Buy 62.5 Call
For a low risk of 8% movement and $1,250 premium
$GME is getting some green finally.
I had a put spread with 25% insurance and it got so close but I still think it will make 100% income on this one.
All due to the math formula
Morning all
I will write Iron Condors on $C for Jan15 for around $1,300 income amd 8% insurance for a move either way which seems like a low risk for this stock