Tuesday, August 20, 2013

My Options Account on August 19 & 20, 2013

I wasn't able to post yesterday but here is a summary of my positions for this week:

AAPL $501.16 495/490 put credit spread; 530/535 call credit spread
GOOG $868.60 850/845 put credit spread; 890/895 call credit spread
HLF $63.76 8 62.50/61 put credit spreads; 1 65/64 put credit spread; 2 62.50/64 call debit spreads
MA $620 610/605 put credit spread; 640/645 call credit spread
PCLN $934 920/915 put credit spread; 970/975 call credit spread
TSLA $147.32 138/135 put credit spread; 148/150 call credit spread

Overall I am bullish this week after the down week last week.  HLF was down a lot yesterday but recovered some and I feel I got a gift on my 62.50/61 put credit spreads.  My average price on the spread is .39.  If the stock stays above 62.50 this week I will bank a 32% gain.  So far I feel good about my positions and hope we have a nice calm and up week. 

If all goes well I will make a 35% gain this week.  So far today my account is up $324. 

Jonny

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