MSFT – 06/17/2016 I debated not including this trade in the book but after some thought decided to include it. This trade is another debit spread trade where I am trying to take advantage of time decay. The problem is I traded this one backwards. That is what happens when you do not double check […]
Trade4Profits: Watch Me Trade
This is the second book in our Trade4Profits series. This is a unique book because it shows you actual trades from our trade journal. You can literally look at our trades through our eyes. Trade4Profits – Watch Me Trade There are lots of books out there on trading but how many of them teach you […]
SPY Spread Look Back Trade
SPY 06/03/2016 In addition to the SPY trade above I also traded one with a shorter time frame and with the short ‘in the money’. The one above I had about four weeks between the strikes. That gave me room to continue to sell against my Long position or the ability to wait for them […]
SPY Spread Look Back Trade
SPY 6/3/2016 I made one more SPY trade on 6/3/16 in order to show the difference in how different time frames and strikes worked on this type of trade. When I entered this trade SPY was at $210.48 and like above I felt that it was going to move down off of a retrace. On […]
SPY Spread Look Back Trade
SPY 6/3/2016 On 6/3/16 I decided to place a trade in the SPY to take advantage of time decay between two Call positions. The SPY was trading at $209.89 and I believed that the market would continue down from there. I sold the June week 2 expiration $211.00 Call for $0.59 and purchased the July […]
Trade4Profits – Shortcuts to Profitable Trading
If you want to learn about how we trade, including how we manage our covered call portfolio check out out the first book in our Trade4Profits series below: Trade4Profits – Shortcuts to Profitable Trading helps new and experienced traders learn techniques for profitable trading. Based on the author’s over 20 years of trading equities, options, […]
AMZN Debit Spread Look Back Trade
AMZN – 07/15/2016 AMZN was trading down and I really felt like it was going to make a move up. The chart looked promising but more importantly I knew earnings were coming out on 7/28. There was some risk that earnings could be bad but other companies had already reported good earnings so I felt […]
SPX Iron Condor Look Back Trade
SPX – 4/24/17 Saw an opportunity on the Put side for a possible condor. I was able to get my Puts filled on 4/24, so I entered an order in on the Call side. I was fine with just a Put spread if I could not get a Condor going. This is a common way […]
2016 Covered Call Portfolio
My 2016 covered call portfolio finished with a gain of 22.36% for the year. My best week in 2016 was an 8.16% weekly return. My worst week in 2016 was a -8.47% weekly return. I averaged .43% per week. My covered call portfolio consists of regular covered calls, diagonals and different types of hedges against […]
GLD Iron Condor Look Back Trade
GLD – 8/25/16 Decided to enter a GLD Iron Condor. I normally do not like trading condor’s on anything but the indexes and maybe SPY, DIA or QQQ. However I decided to try my hand at a GLD trade. Overall the trade was successful with a respectable return for a 30 day trade, but I […]
