Chicken Bull Put Spread Journal

[CostaKapo]

I'd like to try a strategy that I've never used previously but I think could be a nice passive income generator if it works.

I want to do bull put spreads 1 standard deviation away from the strike price and within 5 days of expiration.

I have done a few of them already and I will get those posted on here.

I'm currently in an $AAPL spread that expires tomorrow. I collected 290$ of premium while selling the 94 strike put and buying the 93 strike put. I have collected over 90% of the premium and I think going forward if I grab 85% of the premium I will close - but this one will expire worthless and I will keep 100% of the premium.

Edit - This will be done with separate account with expendable money outside of what I typically trade with.

 

[CostaKapo]

1

 

[CostaKapo]

I just got back from the Czech Republic and I was away from the internet. I had a $NFLX Bull Put Spread that expired worthless. Luckily there was no black swan because if I were assigned, I would have been no where to be found.

These are my most recent trades:

Amount Comments DateAdded DateClosed EntryComments EntryDate EntryPrice EntryType ExitDate ExitPrice FuturesMonth FuturesYear IsOpenTrade OptionExpiration OptionStrike OptionType Percentage Shares IsShortSell Ticker Type Broker Newsletter Username
1294.49 $NFLX Spread 18:13.0 49:27.0 1.95 OPTION 04:08.0 0.62 0 0 FALSE 09/19/2014 435 CALL 68.21 10 TRUE NFLX Short Option TDAmeritrade Other PromptoCapital
7084.3 $PCLN 08:36.0 05:31.0 2.77 OPTION 48:12.0 9.87 0 0 FALSE 09/19/2014 1235 CALL 256.32 10 FALSE PCLN Long Option TDAmeritrade Other PromptoCapital
1224.5 bull put spread 54:16.0 35:59.0 1.44 OPTION 51:57.0 0.18 0 0 FALSE 01/16/2015 4525 CALL 87.5 10 TRUE NFLX Short Option TDAmeritrade Other PromptoCapital
-38.4 Left money 21:45.0 00:00.0 1.08 OPTION 00:00.0 0.85 0 0 FALSE 08/16/2014 22 CALL -21.3 1 FALSE ATVI Long Option ShareBuilder Other PromptoCapital
-41.03 ... 22:53.0 25:17.0 67.1399 STOCK 31:44.0 65.0901 0 0 FALSE CALL -3.05 20 FALSE VYM Long Stock TDAmeritrade Other PromptoCapital
-3372.96 Bull put spread 13:04.0 56:34.0 1.56 OPTION 31:09.0 5.27 0 0 FALSE 08/15/2014 125 CALL -237.82 9 TRUE BA Short Option TDAmeritrade Other PromptoCapital
2874.97 Bull put spread 13:04.0 56:34.0 1.21 OPTION 31:09.0 4.42 0 0 FALSE 08/15/2014 124 CALL 265.29 9 FALSE BA Long Option TDAmeritrade Other PromptoCapital
-1715.5 Bull Put Spread 49:28.0 52:33.0 2.3 OPTION 42:37.0 0.6 0 0 FALSE 01/16/2015 9286 CALL -73.91 10 FALSE AAPL Long Option TDAmeritrade Other PromptoCapital
1954.47 Bull Put Spread 49:28.0 52:33.0 2.86 OPTION 42:37.0 0.87 0 0 FALSE 08/15/2014 94 CALL 69.58 10 TRUE AAPL Short Option TDAmeritrade Other PromptoCapital

 

[CostaKapo]

I realize the export feature doesn't translate well, I will try to get a better way to import my trades.

I was in a $TSLA position today that I had to exit quickly. I took quite a hit on it.

If you are a profit.ly user that is the easiest way to see the moves I have made

http://profit.ly/user/PromptoCapital/trades

 

[CostaKapo]

This is the position I am currently in.

Options - Market value = $-1,323.00* Thu Sep 25 2014 3:00:25 pm EDT
Symbol Underlying Symbol Qty Bid Ask Mkt Val Maint Req Cost Gain($) Gain(%) Last Close
NFLX 100 (Weeklys) SEP4 14 442.5 PUT NFLX -18 1.8 1.89 -3,321.00 4,500.00 -3,402.00 81 2.38 1.84 0.515
NFLX 100 (Weeklys) SEP4 14 440 PUT NFLX 18 1.07 1.15 1,998.00 0 2,196.00 -198 -9.02 1.06 0.33

 

[CostaKapo]

The NFLX spread proved to be very profitable.

09/26/2014 12161345645 Sold NFLX Sep 26 2014 440.0 Put 18 0.24 432.00 13.50 418.05

09/26/2014 12161345639 Bought NFLX Sep 26 2014 442.5 Put 18 0.45 810.00 23.49 833.93

09/25/2014 12153444528 Sold NFLX Sep 26 2014 442.5 Put 18 1.89 3,402.00 23.49 3,377.99

09/25/2014 12153444520 Bought NFLX Sep 26 2014 440.0 Put 18 1.22 2,196.00 13.50 2,209.94
Netted $1168.05

 

[CostaKapo]

I am dipping in the $NFLX well again this time with a Bull Put Spread expiring this Friday.

NFLX 100 (Weeklys) OCT1 14 432.5 PUT

NFLX 100 (Weeklys) OCT1 14 430 PUT

 

[CostaKapo]

Here is the spread. Risking 3800 to make 600. 2SD out

 

[lloydbee]

Here is the spread. Risking 3800 to make 600. 2SD out

is that NFLX (edited after looking at previous page)
Ah, nice ATM trade... should be a great EOW and expire worthless

 

[CostaKapo]

$PCLN Bear Call Spread going to expire worthless today. Made 1200 while risking 4000

 

[CostaKapo]

is that NFLX (edited after looking at previous page)
Ah, nice ATM trade... should be a great EOW and expire worthless

It would have expired worthless except I had a GTC order in place for contingency reasons and I forgot to lift it. I still took home most of the premium.

 

[CostaKapo]

New $AMZN Bear Call Spread. Risking 4500 for 980$ premium

 

[CostaKapo]

 

[CostaKapo]

I put in a limit order to debit .24 and take 300+ in profit - commissions but I started chasing, and it ran away. Still in the position - its been 20? minutes or so... up $187 mark price .28 debit Still have a day order for .24 to take about 325 away.

 

[CostaKapo]

I put in a limit order to debit .24 and take 300+ in profit - commissions but I started chasing, and it ran away. Still in the position - its been 20? minutes or so... up $187 mark price .28 debit Still have a day order for .24 to take about 325 away.

So only 12 contracts filled yesterday netting me 200$ and now the 13 remaining contracts are yielding 300+ on their own. I will let this expire worthless and take the 900$

What originally was a quick 300$ play has become a $1100 win.

 

[CostaKapo]

$AMZN position will expire worthless. Maxed on trading for the month- +900 for October

 

[CostaKapo]

So due to my employment I have restrictions on my trading and I have utilized all my trades for the month of October. They final spread expired worthless and that finally settled so I can bring my final count for the month.

 

[CostaKapo]

Security Trans type Qty Open date Adj cost Close date Adj proceeds Adj gain($) Adj gain(%) Term
AMZN Oct 10 2014 330.0 Call Buy to Close.FIFO 1,200. 10/06/2014 950.24 10/06/2014 1,220.41 270.17 28.43 Short-term
AMZN Oct 10 2014 332.5 Call Sell to Close.FIFO 1,200. 10/06/2014 804.29 10/06/2014 635.69 (168.60) (20.96) Short-term
AMZN Oct 10 2014 332.5 Call Wash Sale Adj 500. 10/06/2014 (70.25) 10/06/2014 70.25 Short-term
NFLX Oct 03 2014 430.0 Put Sell to Close.FIFO 1,600. 10/01/2014 1,548.39 10/02/2014 115.60 (1,432.79) (92.53) Short-term
NFLX Oct 03 2014 432.5 Put Buy to Close.FIFO 1,500. 10/01/2014 172.35 10/02/2014 2,048.97 1,876.62 1,088.84 Short-term
NFLX Oct 03 2014 432.5 Put Buy to Close.FIFO 100. 10/01/2014 9.03 10/02/2014 136.60 127.57 1,412.74 Short-term
PCLN Oct 03 2014 1155.0 Call Expire Short 1,100. 10/03/2014 0.00 10/03/2014 1,138.75 1,138.75 Short-term
PCLN Oct 03 2014 1155.0 Call Expire Short 600. 10/03/2014 0.00 10/03/2014 611.83 611.83 Short-term
PCLN Oct 03 2014 1155.0 Call Expire Short 100. 10/03/2014 0.00 10/03/2014 99.96 99.96 Short-term
PCLN Oct 03 2014 1155.0 Call Expire Short 200. 10/03/2014 0.00 10/03/2014 185.94 185.94 Short-term
PCLN Oct 03 2014 1157.5 Call Expire Long 1,100. 10/03/2014 682.27 10/03/2014 (682.27) (100.00) Short-term
PCLN Oct 03 2014 1157.5 Call Expire Long 600. 10/03/2014 342.15 10/03/2014 (342.15) (100.00) Short-term
PCLN Oct 03 2014 1157.5 Call Expire Long 100. 10/03/2014 55.03 10/03/2014 (55.03) (100.00) Short-term
PCLN Oct 03 2014 1157.5 Call Expire Long 200. 10/03/2014 96.05 10/03/2014 (96.05) (100.00) Short-term
Total: 4,589.55 6,193.75 1,604.20 34.95

 

[CostaKapo]

I need to remember that copy and paste from TD Ameritrades gainskeeper isn't going to work here.

 

[CostaKapo]

Cannot wait for Nov 1st!