LILIA's MONEY MUSINGS
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Hello and thank you for visiting my blog. I'm a successful, self-taught options trader. Visit me daily to be entertained and educated about the wild world of options trading!
LILIA's MONEY MUSINGS
11M ago
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FREE OPTIONS TRADING LESSONS HERE.
12/2/2022
sell -1 Dec 9, 2022 $67.50 put at $0.80
7 DTE
prob ITM (assignment): 30%
USO = $69.85
12/9/2022 (expiration)
USO closed at $62.85, so my short put was ITM
I got assigned 100 shares at $67.50
I then sold (to open) one Jan 13, 2023 call option with a strike price of $67.50.
1/13/2023
USO closed above $67.50, so my covered call got assigned.
I sold (to close) my 100 shares of USO at $67.50
TOTAL PROFIT: $330
GET WEEKLY TRADE IDEAS HERE.
FREE OPTIONS TRADING LESSONS HERE ..read more
LILIA's MONEY MUSINGS
1y ago
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FREE OPTIONS TRADING LESSONS HERE.
4/18/2023
sell -1 April 21, 2023 $68 put at $0.14 (credit)
3 DTE
USO = $70.76
prob ITM/assignment: 12.37% (low)
4/21/2023 (expiration)
USO closed at $68.22
My short put expired perfectly
PROFIT: $14
GET WEEKLY TRADE IDEAS HERE.
FREE OPTIONS TRADING LESSONS HERE ..read more
LILIA's MONEY MUSINGS
1y ago
GET WEEKLY TRADE IDEAS HERE.
FREE OPTIONS TRADING LESSONS HERE.
2/24/2023
sell -1 March 24, 2023 $80 put at $0.59 (credit)
28 DTE
"oversold"
prob ITM/assignment: 12.34% (low)
AMZN = $93.07
3/24/2023 (expiration)
AMZN closed at $98.13
my short put expired
PROFIT: $59
GET WEEKLY TRADE IDEAS HERE.
FREE OPTIONS TRADING LESSONS HERE ..read more
LILIA's MONEY MUSINGS
1y ago
GET WEEKLY TRADE IDEAS HERE.
FREE OPTIONS TRADING LESSONS HERE.
3/24/2023 (11:16 am, PT)
sell -1 March 24, 2023 $61 put at $0.16 (credit)
0 DTE
prob ITM/assignment: 39% (high)
USO = $61.20
later that day . . .
USO closed at $60.96 at 1 pm, PT, so my short put was in-the-money by exactly $0.04!
I could have TRIED to buy back my put at $0.04 to avoid assignment, but I chose not to do that.
GET WEEKLY TRADE IDEAS HERE.
FREE OPTIONS TRADING LESSONS HERE ..read more
LILIA's MONEY MUSINGS
1y ago
GET WEEKLY TRADE IDEAS HERE.
FREE OPTIONS TRADING LESSONS HERE.
3/23/2023
sell -1 March 24, 2023 $7 put at $0.07 (credit)
1 DTE
prob ITM/assignment: 30% (average)
UNG = $7.19
3/24/2023 (expiration)
UNG closed at $7.33
put option expired
PROFIT: $7.00
GET WEEKLY TRADE IDEAS HERE.
FREE OPTIONS TRADING LESSONS HERE ..read more
LILIA's MONEY MUSINGS
1y ago
GET WEEKLY TRADE IDEAS HERE.
FREE OPTIONS TRADING LESSONS HERE.
Wed. 3/8/2023 (12:34 pm, PT)
sell -1 March 17, 2023 $60.50 put at $0.10 (credit)
9 DTE
prob ITM/assignment: 6.18% (very low!)
USO = $67.12 (-0.73)
Fri. 3/17/2023 (expiration)
USO closed at $58.66
My short put ended up "in-the-money," so I got assigned 100 shares at $60.50/share
Wed. 3/22/2023
I sold my 100 shares of USO at $62.50 ($2 higher than my assignment price)
TOTAL PROFIT: $10 (put premium) + $200 (100 shares) = $210
NOTE:
Notice that the probability of assignment for the March ..read more
LILIA's MONEY MUSINGS
1y ago
GET WEEKLY TRADE IDEAS HERE.
FREE OPTIONS TRADING LESSONS HERE.
Monday, 3/13/2023
sell -1 March 17, 2023 $60 put at $0.17 (credit)
4 DTE
prob ITM/assignment: 9.59%
USO = $65.38
Friday, 3/17/2023 (expiration)
USO closed at $58.66, so I got assigned 100 shares of USO at $60/share
Monday, 3/20/2023
sell -1 March 24, 2023 $60 call at $1.42 (credit)
4 DTE
prob ITM/assignment: 66%
NOTE: I generally don't like to sell covered calls because they limit the upside potential. In this case, however, I decided I would be OK if I got "called away" (sell ..read more
LILIA's MONEY MUSINGS
1y ago
GET WEEKLY TRADE IDEAS HERE.
FREE OPTIONS TRADING LESSONS HERE.
2/3/2023
sell -1 March 17, 2023 $45 put at $0.25 (credit)
CPB = $50.88
prob ITM/assignment: 12%
42 DTE
"oversold"
3/17/2023 (expiration)
CPB closed at $53.38
Put option expired
PROFIT: $25
GET WEEKLY TRADE IDEAS HERE.
FREE OPTIONS TRADING LESSONS HERE ..read more
LILIA's MONEY MUSINGS
1y ago
GET WEEKLY TRADE IDEAS HERE.
FREE OPTIONS TRADING LESSONS HERE.
3/7/2023
sell -1 March 17, 2023 $87 put at $0.27 (credit)
10 DTE
GOOGL = $93.84 (-1.29)
prob ITM/assignment: 11%
3/17/2023 (expiration)
GOOGL closed at $101.62
my short put expired
PROFIT: $27
GET WEEKLY TRADE IDEAS HERE.
FREE OPTIONS TRADING LESSONS HERE ..read more
LILIA's MONEY MUSINGS
1y ago
GET WEEKLY TRADE IDEAS HERE.
FREE OPTIONS TRADING LESSONS HERE.
2/2/2023
sell -1 March 10, 2023 $89 put at $0.52 (credit)
GOOGL = $106.44
probability ITM/assignment = 9.71% (low)
margin requirement: $455
36 DTE
3/8/2023 (2 DTE)
buy back short put at $0.02 (debit)
PROFIT: $50
GET WEEKLY TRADE IDEAS HERE.
FREE OPTIONS TRADING LESSONS HERE ..read more