closing - $V credit put spread entry

21 sep - another one expiring at max profit. going to need some type of selloff to juice the premiums a bit to get into this again since its had a decent move up since this trade was put on. will keep on watchlist and wait for a pullback

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3aug - saw an IBD tweet about Visa yesterday that got me looking at it again, kind of dropped off my radar since i have been watching Mastercard so much..the chart is kind of busy.. but you will see that the stock has been in a good uptrend since June, recently hit new high with it threatening it again today on a big up day for the SPY, its trading above the 50day moving average which is always preferred. since visa is not a big move like PCLN its option premiums are going to be lower so im going to need to go to SEP to get some decent premium.. there is some weak support near 122 from week ago to get under, there is the rising 50day to get under and some stronger support near 120.. so i will go right there for my strikes..right at the 120. earnings were good as well..

Sell to open the SEP 115/120 credit put spreads for .60

Trademonster analysize tab showed this spread to have a probability of max profit at 85% at time of entry.

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CLOSING the $AAPL credit put spread entry

3 aug - big SPY up day and Apple moving up to 617ish gave me a good opportunity to tak off this spread from yesterday. again, one of my guidelines is that if a credit spread gets 40-50% of its max profit potential within 1-3 days i take profits.. high probability that i can reenter again as stock moves up and down. 2 times in an opex cycle is common, three times is harder to come by..

Buy to close the Aug 565/570 credit put spread at .17 for about 66% of max profit in one day

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2aug - SPY down 20 or so on draghi no action and AAPL dipped to near 600 again.. a rapid selloff down to the 50day would have been ideal.. but with the dividend hitting next week im assuming stock is range bound.. so will use the the 570 level this time..that was the max level that the bears could push the stock down to after earnings.. also will be under the 50day moving average

Sell to open the 565/570 Aug credit put spreads at .50

Trademonster analysize tab show this spread to have a 90% probability of max profit at opex at the time of entry with stock around 603. additionally since i have diagonal spreads as well.. my short 605's give me an added hedge if stock does drop (as in the short calls will expire at max profit..offsetting any losses on the credit put spread)

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ECB meeting

some footage of inside the ECB meeting