Tuesday, June 25, 2013

My Options Account on June 25, Part 1

After last week's huge losses I'm back this week making money again.  So far today my account is up $435 (10:35am Central).  I put on mostly low risk positions this week and just need a positive week to get me back on track.  Here are my positions:

AAPL $401.14 5 385/380 Put Credit Spreads; 1 400/395 Put Credit Spreads, 6 420/425 Call Credit Spreads.  I entered the one 400/395 on Friday and the stock dropped a bunch on Monday so this is my only big risk position on this stock.

AMZN $271.17 3 260/255 Put Credit Spreads; 3 280/285 Call Credit Spreads.

GOOG $870 2 865/860 Put Credit Spreads; 2 845/840 Put Credit Spreads; 2 890/895 Call Credit Spreads; 2 910/915 Call Credit Spreads.  I entered the 865/860 Credit Spreads on Friday and the stock dropped a lot on Monday.  This is a lesson for me not to enter spreads on Friday unless I am convicted the stock will move one way or the other.

MA $563.85 1 550/545 Put Credit Spread; 1 570/575 Call Credit Spread

NFLX $209.85 3 200/195 Put Credit Spreads; 3 230/235 Call Credit Spreads

PCLN $810.89 2 790/785 Put Credit Spreads; 2 770/765 Put Credit Spreads; 4 830/835 Call Credit Spreads

TSLA $101.55 3 95/90 Put Credit Spreads; 3 110/115 Call Credit Spreads

I have some risk but so far so good.  I think we have a really good flat week and I can get back on the profit wagon.  Here's a few trades I'm considering today:

AAPL 385/380 Put Credit Spread.  Credit .36 for a 7% profit if Apple stays above 385 by Friday.

Jonny

For Books on options investing and trading please click here: Options Investing

Anyone looking for some ways to get started collecting option premium using the best software please Click Here! or to find undervalued options Click Here!

No comments:

Post a Comment