My Options Trades June 10th

Mondays are always busy since I normally put on my weekly strategies on Monday morning.  I try not to over think it.  The market overall is pretty flat today and I like to start with my put credit spreads and move into call credit spreads once the stocks move up.  Here's what I'm doing today. 

AAPL Current Price: $447
 - 425/420 Put Credit Spread (less risky and as the stock started going up today I am already up a lot on this position)
 - 435/430 Put Credit Spread (once the stock moved higher I put on this position which is more risky but good return of over 20%)
- 470/475 Call Credit Spread (low risk but still a nice 6.8% gain if the stock stays below 470 by Friday)

TSLA Current Price $101
 - 92.5/90 Put Credit Spread.  I was able to sell these at .40 and .45 and after commissions I'm looking at a 18% gain if the stock stays above 92.50 by Friday.  This stock is a large mover but I really like this position and have a good probability of full gains by Friday

GOOG Current Price $884
 - 855 / 850 Put Credit Spread
 - 865 / 860 Put Credit Spread
 - 905/910 Call Credit Spread

I have about 6 contracts total of GOOG (three each on the Put side) and am really liking this position.  Google will have to move a lot one way or the other for me to lose on this.

MA Current Price $563
 - 550/545 Put Credit Spreads - only one contract so far

NFLX Current Price $218
 - 205/200 Put Credit Spread - 2 contracts so far

I still have some funds available and am trying to get into a PCLN and AMZN position.  I'll keep you posted.

Jonny

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