Category Archives: Options

2015 hit

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  Finally my 2015 area of mS was hit this morning and I was able to back ratio my 209/210 call credit spread by 1 contract.  So I took a small profit on my short leg and my position is … Continue reading

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Current Options Positions

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  I’m sorry that I’ve not posted in awhile.  My trading has been transitioning from a directional trader to more of a position options trader.  I’m finding that I’m more consistent trading options vs. equity trading.  Here are my current … Continue reading

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Patience!

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  I wanted to sell a Put Credit Spread (PCS) yesterday near the lows of the day, but something told me to wait since I really wanted to short this market not go long. My portfolio is a net long … Continue reading

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Spy put credit spread

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  After the large sell off overnight I wanted to share my most recent option play with you.  Options have become my bread and butter plays as of late, I just need to share more plays here which I plan … Continue reading

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I’m starting to smell the coffee trading options…

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      Well, here are my last twenty options trades selling out of the money call and put credit spreads with a few directional plays as well.  Instead of using a simulator, I’m trading with only 1 contract.  I … Continue reading

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Day Trading Zones 360 Mastery

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  I took off last week from my equity trading to go through Marc Nicolas’ week long Options boot camp.  This was an intense week of learning Options at a mastery level.  I thought I had come into this week … Continue reading

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Bought SPY Put 207.5/207

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spy option 06172015 I just picked up this SPY Put debit spread for .26 cents expiring July 31st.  Currently SPY is at 27% IV rank which is not good for credit spreads and I do have a lower target for … Continue reading

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Defending BABA

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  I decided to add to my defense of my 87.5/86.5 put credit spread by adding another put credit spread even lower at the 85.5/84.5 collecting .12 cents (12%) for a 2 day hold.  After the gap up in BABA … Continue reading

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A look at my options plays for the week of June 14th-20th

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  Below is my current options positions which are few as many of my credit spreads profited last week.  I’m off to a slow start due to the FOMC announcement on Wednesday.  Hopefully, I can find some spreads by late … Continue reading

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