Live Option Trading: Option Trade Alerts [Watch & Learn!]
Option trade signals. We're going to start from march 8th these are the trade alerts these are sent to my students you can take the seven day trial of the trade alerts it only costs $19 you can enroll at beststockstrategy.com/memberships that's beststockstrategy.com memberships let's get started so may uh rather march 8th s p is about even volatility is up around six percent amazon's up tesla's down so here i give my thoughts looks like we're going through a relatively volatile market so i make a closing trade on facebook sold it for a dollar bought it back for 60 cents decent profit but given how volatile the market's been it's good to take profits then volatility was down about an hour after the market opened it's a good sign i rolled tesla to june so i picked up an incremental 240 dollars i reduce the risk by rolling it down by 15 dollars once tesla stabilizes i'll be able to roll it back in and reduce the duration so here i roll tesla from june to july and then i reduced the uh the strike by 20 and i financed it by selling a march 12 430 put and i collected 51 cents ideally speaking i would definitely want to reduce the strike price by more than 20 in order to roll it out by month but i figured that in this situation uh picking up the incremental 20 as a safety net was more important even if it cost me an additional month of having to hold on to the position and plus i figured that once tesla stabilizes i can easily roll that position back in from july to june to may et cetera so it's not really a big deal even though it's probably not a great trade the s p fell twenty dollars fix up five percent VVIX is down tech down again tesla was down six percent significant intraday volatility with amazon up around 60 only to close down 50. the best course of action is to be patient and do nothing so here during very volatile periods you want to wait until later in the day to make sure that there's not going to be a sell-off so here you can see that the market opened up very strong over four thousand dollars per contract almost a 100 safety net between the current market price and strike price look how much buying power they want so it would have used up almost a hundred thousand dollars of buying power i mean that's crazy ninety two thousand dollars for one contract that's ten times more than it should be i've seen brokerages increase buying power requirements during crashes on leveraged etfs especially the volatility etfs but i don't think i've ever seen an increase by this magnitude maybe in february 2018 with svxy i remember that the volatility increase essentially broke the product in any case the take away learning lesson here is the real enemy's volatility not necessarily your strike price our tesla positions can be a hundred dollars out of money but it'll show us an unrealized loss because people are scared that's why you always need to leave substantial buying power so that you maintain flexibility facebook closing trade bought it back for 64 cents and sold it for a dollar thirty so about a fifty percent profit so once i get confirmation of the stabilization then we'll roll in the tesla puts new opening trade on paypal b plus grade and i figure that in the worst case scenario i can always roll it down below 170.
this was the best day of the year uh smp was up 54 but around 24 points off its really low amazon and tesla we're both up 110 dollars that's a lot volatility was down so i wanted to see how it digests the gains tomorrow good opening let's be patient but don't break seems like all is well okay so then we open up a new trade on apple i usually don't trade apple that often primarily because there's just simply not a lot of premium available so even on that b plus grade but i only picked up 56 dollars i mean it's pretty much nothing i roll tesla so i rolled it in um from the april 16th to the april 1st i kept the same strike and then i financed it to roll it in by two weeks by selling the march 19 455 put and i got a small credit of seven cents yeah that's what i said here reduce the expiration by two weeks and finance it by selling a 455 put that expires next week so the s p was up 23 fix was down again close to six percent and then amazon tesla are both down around five which is great considering that previously they were up around 110 good day for us march 11th so s p is up 27 so this would be the third straight day of gains if the market's able to hold it once the vix falls below 20 we'll start selling spreads again it's been a great week closing trade fill for five cents original is here okay so this was the roll that we did previously just a few days ago when i used the credit from the 430 to help finance the role and provide additional safety net by reducing the strike by twenty dollars we'll continue to be aggressively manage the positions and reduce the expirations on elongated options we'll do this in a disciplined manner so here i roll tesla i brought it in i bought back to may sold the april and then financed it by selling a march 12 875 call option and i got a total credit of a cent so moved it in by about a month and i increased the strike price by sixty dollars and i also sold the call option so here's the original picked up close to 800 on that and then i just wanted to get rid of it earlier so i i thought it was important to reduce the expiration by month picked up almost 800 per contract closing trade on paypal the original was there so sold for a dollar 20 less than two days ago bought back for 55 profit see this is what happens when volatility contracts you can literally get like 50 to 60 gains in your positions in like two days shopify new opening trade four hundred dollars let me give the spread option so third day in a row that the market is up s p up 40 vicks down again for the third straight day so that's three straight days new opening trade low b plus s p is down around 20. new opening trade for Facebook world three to two while also bringing in the expiration by two weeks so pretty much here what i did was um i closed out three and then i sold two and i brought in the expiration by two weeks and then i financed it by increasing the strike price by around a hundred dollars so the prior strike was 400. and on the two contracts that i bought back and then there was one solitary contract which had a strike of 420 and i was able to collect a credit of 15 cents while also reducing the expiration from april 16 to april 1st and the reason i was able to reduce the number of contracts and also reduce the expiration was because i significantly increased the strike price from 400 to 510 so that's a pretty big increase the 510 strike is higher than i like but i got to reduce it from three to two while also reducing expiration let me reduce the strike below 510 in the future s p up four so it looks like that the s p was up four out of five days this week amazon down 24 tesla down six the week started out poorly branded extremely well also we'll likely start trading spreads protect against volatility expansion two opening trades march 15th new opening trade on amazon picked up around nineteen hundred dollars it's pretty good trade it's a lot of premium probably should trade that larger tesla i decreased the expiration from april 23rd to april 9th so i decreased the expiration by two weeks and i increased the strike price by twenty dollars and in order to finance that i sold a near dated put option on tesla with a strike of 480 and i picked up 73 cents or 73 dollars of incremental premium royal tesla to a closer expiration picked up a credit reduced the strike by two weeks on the april 23rd strike the market's down two vix is up four percent i like to see the vix decrease a bit let's see how things are trading later on the day so here's a new opening trade for paypal b plus grade picked up around 278 dollars good day for us we got some great trades earlier early in today especially the amazon trade that's really good really good fix down three and a half percent pvix down one i'm relatively confident this is the first closing print of vix under 20 in over a year regarding tesla usually after a large cap stock is oversold there's at least 30 days to come so i'm trying to shorten the durations on as many of the tesla contracts as possible but at the same time i don't want to expand my position or rest so i'm doing it in a disciplined way once all the expirations from early may are closed out i'll then attack the few remaining from may and july very good day for us all right march 16th closing trade close so there's the opening trade sold for 81 cents bought it back four days later for around 60 profit apple closed closed two positions in apple here the originals 56 and 60 cents is what i sold it for original original so i closed out two apple positions for a profit close for around 50 gains i have a lot of positions open i don't like that because it's hard to manage it and it gets overwhelming so even though i have a lot of available buying power i prefer to not have so many individual positions open because it becomes more difficult to focus and concentrate that's why i close out the trays to reduce my number of open positions if you prefer to leave them open then you're welcome to do so fixes under 20 as i mentioned yesterday it's the first time in over a year that it's under 20. i'm tempted to roll in one of the mate contracts for tesla but i'll wait because i want some of the near dated positions to expire or be closed out before addressing the may expirations so amazon picked up 207 for rolling an existing position rolling existing position and picked up an incremental 200 bucks not a considerable amount of movement amazon up tesla down volatility indicators are mixed made a bunch of adjustments earlier today after opening some new trays yesterday morning it's weird how um my keyboard doesn't automatically fix the typos like look at the adjustments adjustment mints i would think that that'd be cleaned up but in any case um the amazons by trade from yesterday's already showing a 700 profit i'll continue to monitor for good opportunities that's a high b plus grade but i didn't want to make it probably because i already have a large position on tesla yeah i'm not making because i want my existing trades to expire yeah i mean that's that's a good trade but if you don't have a large position the best available opening trade that i would make if my tesla position wasn't already full. S&P down 6. VIX about even with VVIX up three percent. Google and facebook up tesla down four percent decent day for us s&p is down paypal and that's why the best opportunities it's a lot of premium for 190 put on paypal yeah so i made the trade later on but um i collected 20 cents less a premium then i should have market show sizes strength over the past 20 minutes i didn't want to miss the trade low b plus grade previously it was a solid b plus you opening trade b plus grade in apple turnaround day for tesla okay march 18 s p down 20 vix up 5 vvix up slightly rolled up in existing amazon position picked up an incremental 375 dollars rolled it in by week so here what i did for amazon was i bought back the 2400 then i sold the 2530 and um i guess it was in equilibrium with the increase in the strike price relative to the expiration and it sold it it filled that zero i don't think i've ever had something uh fill it zero before that's interesting so adjusted one of the tesla positions picked up a credit for 23 cents where i rolled in to may to april and then i financed it by selling the april 9th 520 put and i picked up 23 dollars picks up ten percent we made some decent adjustments today was a bit early but nothing major we were wise not to open any new positions this morning it seems okay to me though vix up ten percent vvix up six point five percent i think it's important to watch as the market closes if sp closes weak down 65 with the vix up 15 then it's a major clause at the moment it's just the typical down day s p down 58 fix up 11 vvix up seven amazon down 108 tesla down seven percent i don't really see this pullback leading too much when i got feelings that it's just a typical sell-off but let's be conservative and watch them watch how we made a few adjustments earlier today they were decent but i'm very curious to see how the market behaves tomorrow markets about even best action is no action all right so no trades that day the s p was pretty much unchanged sp was down three but volatility is also down three three and a half percent amazon was up tesla up slightly all right march 22nd good stable opening tesla was up five percent so we wanted to wait until later in the day bought back paypal picked up around 60 profit bought back apple this happens quite a lot so ignore the date to the left that's when i submitted it if a trade fails and then i submit a buy to close order the date on when it filled will actually be when i entered the buy to close order and not on when it actually filled so you see here that it shows three nine which is when i entered it but it actually filled on march 22nd each race should probably fix that but whatever so collected around 60 of the premium and close it out early all right the vix is the lowest it's been in over a year so that's a decent trade it's a pass because of the buying power usage close out some paypal close out shop let some tesla contracts expire i want to take advantage of the volatility contraction to consolidate my positions and take winners that way i'll have significant buying power and a clean slate to plunge into the next great opportunity without nibbling all right march 23rd mix is up three percent closing trade health for about a week slightly more so here this is the trade that picked up about nineteen hundred dollars and then we closed it out for about five hundred and fifty five so yeah so i sold it for 1900 and bought it back for 550. nice profit low stress it's pretty good
new opening trade b plus grade so here's a trade that brings in over a thousand dollars s p down 28 vicks up 10 even so good day for us i'm looking at tesla and mass harbor i think i can get a better entry by waiting closing trade the original was here held for less than a week and picked up 40 and i thought it was going to close earlier today because i set the open limit over 25 cents it fell to 25.5 and i just got tired of looking at it and decided to close it out for a small winter no stress turning trade smp down 30 fix up 89 percent of vvix up three percent all right shopify closing trade closed for a nice profit so sold it for 400 bought it back for a dollar forty manage roll the tesla position so you can see that i decreased the expiration from may to april and then i financed it by selling in april 5 50 and i picked up a credit so close out the tesla's the tesla trade that expires this friday closed it for nine cents closing trade on tesla 43 cents so i sold it for 580 and i bought it back for 43 dollars so here here's the roll of the original so basically i sold it for 587 and bought it back for 43 so so it looks like um so this is the roll of the original so here it looks like um so april 16 4 40 and then i brought back okay so here's the original the very original was the april 16 440. then i rolled the original april 16 440 to april 1st 4 40 and then i financed it by selling the march 19th and then i picked up seven seven extra dollars for that and then i closed that out so the total credit received was 587 because you have the 580 from the original plus seven dollars on the roll and then i bought it back for 43 cents so yeah so this is correct new opening trade b plus grade new opening trade b plus grade for fiverr new opening trade b plus grade yeah here i actually made a mistake i said that those two fiverr trades are separate but yeah i mean obviously they would close themselves out so yeah it'll close it out automatically i did in my account let me send an updated trade so on in that basis you'll be short um the 160. so um here's the five retreat okay so i sold one more and bought two of the 140 so it's now two short spreads so pretty much it'll be short two of the 160 by 140s best opportunities are with amazon tesla apple and paypal will be patient and weight for the best entries s p down 21 takes up four percent dva x down one percent tomorrow will be very conservative s p is down 15. new open trade b plus picked up 526 dollars s p up 20 s p up 16 the following day high b plus grade shop is oversold picked up 324 dollars because i sold two contracts b plus grade for amazon so i was early on shop amazon's down 40. tesla is down close to 35. okay very strange day s p up 65 amazon close up after almost falling below 3
000. market was extremely strong during the last hour trading all right the market is down slightly but volatility is up in any case i don't like how volatility is spiking so let's wait until later today to see how the market is trading new opening trade low b plus grade high b plus trade for tesla the amazon trade is already showing a 20 gain s p down three but the vix was up ten percent and vvix up around three percent amazon up 24 tesla down seven thirtieth doesn't pee down 15. you open trade v plus grade you open trade b plus grade and not much activity on march 30th s p down 12. fixed down 5.5 percent
march 31st tesla's recovering all right open up a new position in amazon so it looks like i sold the put spread and a call which is pretty rare because usually i don't do that but what must have happened was i thought that amazon was probably going up too quickly while also thinking that amazon is underpriced so i sold a call and a put spread and the call didn't use up any additional buying power because i had a lot of um i had a lot of i had a position okay so i sold the call to offset a lot of the puts then also open a new spread picked up around 550 dollars be post grade s p up um 14 but it was a week heading into the close vix volatility down one and a half percent excellent day for us tesla five percent all of our positions were profitable okay april first futures market is up so close out shopify close out paypal closer nice profits here are the originals okay original shopify all trades closed for more than 50 profit none of them were challenged started rolling in the july tesla trades so i reduced the expiration by 30 days and i financed it by selling the april 30th 510 put picked up 28 cents so roll from july to june reduced duration by one month finance it by increasing this rate by 2 by 10 and also selling april 30th 5 10. picked up a small credit consolidated the tesla positions to expire on the 23rd with a 550 strike picked up a 44 credit i would close out the 107 100 but i don't want to because some people will get upset since i submitted it 12 minutes prior to or i submitted it two minutes um before closing but if i was trading on my own i probably closed it out now instead of like it'll likely trigger on monday remember that tomorrow the market is closed holiday so the s p up 47 volatility down about ten and a half percent so i probably meant there vix is down ten and a half percent vvix down three percent um that's probably a typo amazon up 67 tesla town six after being up 25 earlier very good week for us we are well situated well position a profit in the current market all right so this is also like a 30 minute video so i'm going to end it at april 5th and then i'll do the remaining from april 5th up to the present day sometime over the next few days