11 February 2019 Monday new trades – newsletter today.
Monday: 11 FEB 2019:NEW POSITIONS TODAY
New Trade Position:
Sold Crude Oil JUN19 40-strike PUT for 0.30 ($300)
Date placed: 11FEB2019
Proceeds from option $300.00 (not incl commissions cost) Probability option expires OTM: 90% 94 Days until expiration (15MAY2019)
New Trade Position ( 2 of 2 today):
Sold Gold JUN19 1200-strike PUT for 1.40 ($140)
Date placed: 11FEB19
Proceeds from option $140.00 (not incl commissions cost) Probability option expires OTM: 94% 106 Days until expiration (27MAY2019)
Note: I always use examples with a quantity of 1 (one) option per trade. This is not because I only trade one of each option, it is to keep the illustrations simple and easy to understand in the newsletter. Please remember the strategies of the trades I post here are risky, and not suitable for all traders. This is not a trade advisory service. Posts here are for educational purposes only.
My Current Position Summary as of today 11FEB2019:
Short the JUN19 Crude Oil 70-strike CALL at 0.420 ($420)
Short the JUN19 Crude Oil 30-strike PUT at 0.08 ($80) GTC entered to close @ 0.02 is outstanding
Placed Today: Short the JUN19 Crude Oil 40-strike PUT at 0.30 ($300)
Short the JUN19 Gold 1550-strike CALL for 1.10 cents ($110)
Placed Today: Short the JUN19 1200-strike PUT for 1.40 ($140)
Short the MAY19 Corn 360-strike PUT at 3.375 ($168.25)
Short the JUL19 Corn 360-strike PUT at 3.125 ($156.25)
Note: I always use examples with a quantity of 1 (one) option per trade. This is not because I only trade one of each option, it is to keep the illustrations simple and easy to understand in the newsletter. Please remember the strategies of the trades I post here are risky, and not suitable for all traders. Posts here are for educational purposes only.
Comment: see short video here:
-Don
The commentary and examples are for teaching purposes only and are not intended to be a trading or trade advisory service. Any investments, trades, and/or speculations made in light of the ideas, opinions, and/or forecasts, expressed or implied herein on the web site and/or newsletter, are committed at your own risk, financial or otherwise. Trading with leverage could lead to greater loss than your initial deposit. Trade at your own risk. Investors and traders are responsible for their own investment/trading decisions including entries, exits, position, sizing and use of stops or lack thereof. This is not a trade advisory service and is for educational purposes only. The content on the pages here is believed to be reliable - but we cannot guarantee it.
Don A. Singletary is a teacher and writer. For 25 years he was a commodity risk management (hedge) consultant for major corporations. He is the author of Option Income Training Bulletin, the only such publication dedicated to teaching small/medium personal investors how to sell commodity options for a second income, a strategy traditionally used mostly by professional investors, the wealthy, and money managers.
While this website is for subscribers only, you can get full access with a free trial subscription. Also you may visit his blog with many trade examples and articles on this valuable strategy at: SellingCommodityOptions.com
Monday: 11 FEB 2019: NEW POSITIONS TODAY
New Trade Position:
Sold Crude Oil JUN19 40-strike PUT for 0.30 ($300)
Date placed: 11FEB2019
Proceeds from option $300.00 (not incl commissions cost)
Probability option expires OTM: 90%
94 Days until expiration (15MAY2019)
New Trade Position ( 2 of 2 today):
Sold Gold JUN19 1200-strike PUT for 1.40 ($140)
Date placed: 11FEB19
Proceeds from option $140.00 (not incl commissions cost)
Probability option expires OTM: 94%
106 Days until expiration (27MAY2019)
Note: I always use examples with a quantity of 1 (one) option per trade. This is not because I only trade one of each option, it is to keep the illustrations simple and easy to understand in the newsletter. Please remember the strategies of the trades I post here are risky, and not suitable for all traders. This is not a trade advisory service. Posts here are for educational purposes only.
My Current Position Summary as of today 11FEB2019:
Short the JUN19 Crude Oil 70-strike CALL at 0.420 ($420)
Short the JUN19 Crude Oil 30-strike PUT at 0.08 ($80) GTC entered to close @ 0.02 is outstanding
Placed Today: Short the JUN19 Crude Oil 40-strike PUT at 0.30 ($300)
Short the JUN19 Gold 1550-strike CALL for 1.10 cents ($110)
Placed Today: Short the JUN19 1200-strike PUT for 1.40 ($140)
Short the MAY19 Corn 360-strike PUT at 3.375 ($168.25)
Short the JUL19 Corn 360-strike PUT at 3.125 ($156.25)
Note: I always use examples with a quantity of 1 (one) option per trade. This is not because I only trade one of each option, it is to keep the illustrations simple and easy to understand in the newsletter. Please remember the strategies of the trades I post here are risky, and not suitable for all traders. Posts here are for educational purposes only.
Comment: see short video here:
-Don
The commentary and examples are for teaching purposes only and are not intended to be a trading or trade advisory service. Any investments, trades, and/or speculations made in light of the ideas, opinions, and/or forecasts, expressed or implied herein on the web site and/or newsletter, are committed at your own risk, financial or otherwise. Trading with leverage could lead to greater loss than your initial deposit. Trade at your own risk. Investors and traders are responsible for their own investment/trading decisions including entries, exits, position, sizing and use of stops or lack thereof. This is not a trade advisory service and is for educational purposes only. The content on the pages here is believed to be reliable - but we cannot guarantee it.