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2023-07-01

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@Optionspuppy：How I made $60 in a 3 days selling google put options with a maximum Risk of $9000 $Alphabet(GOOGL)$ 🐂📈💵💰🧑‍🏫🏦 Real trade how I made 0.60 paper profit from selling a cash secured put of Google at premium $10 with a strike price of $100 at an expiry date of 2.5 years and now it’s last done price is 9.50 . Explain if it expires worthless I am making around 4% a year from the premium . Now Google is trading at 118 to 122 for last 20 days And if I close the contract by queuing at 9.40 I earn 0.60 times 100 Hey there, boyfriend! You won't believe the awesome deal I just scored in the stock market! So, here's the lowdown on how I made a sweet paper profit of $0.60 by selling a cash secured put on Google. Get ready for some numbers! I sold a cash secured put option on Google with a premium of $10. The strike price was set at $100, and the expiry date was set for 2.5 years from now. Now, here's the exciting part: the last done price of Google Option is currently $9.50. First things first, let's talk about the scenario if the option expires worthless. In this case, I get to keep the premium of $10, which is an amazing deal. Considering the time frame of 2.5 years, I can calculate the annualized return on the premium. Since I made a profit of $0.60 from the option price difference , the approximate annualized return would be around 4%. That's some solid money right there! Now, let's switch gears a bit. Google has been trading between $118 and $122 for the last 20 days. With the last done price at $9.50, the option seems to be in a good position. However, if I decide to close the contract early by queuing at $9.40, I would earn $0.60 multiplied by 100, which amounts to $60. This means I would realize my profit immediately rather than waiting for the expiration date. Keep in mind that I only have one contract, so the numbers I'm working with are specific to that contract. It's important to mention that stock prices can fluctuate, so it's essential to monitor the market closely to make the best decision at the right time. Overall, this investment in the Google put option has been quite promising. With the potential to make around 4% annually from the premium if it expires worthless, and the opportunity to close the contract early and earn a solid profit, I'm feeling pretty confident about my trading skills! Maximum risk 🥹💦💃👩‍🏫 With the strike price set at $100 and one contract representing 100 shares, the total potential loss would be $100 per share multiplied by 100 shares, resulting in a maximum risk of $10,000. However, since I received a premium of $1,000, this premium offsets part of the potential loss. Therefore, the actual maximum risk I face is reduced by the premium received. Subtracting the premium of $1,000 from the potential loss of $10,000 gives us: $10,000 - $1,000 = $9,000 So, that's the scoop on my latest financial adventure. I couldn't wait to share it with you because I knew you'd appreciate the details. Fingers crossed for more successful trades in the future! 🐯 🐯🐯🐯🐯🐯 Dear tiger readers Please help to share post also clicking the repost button and follow me as I published my post on my ideas and trading experiences and sometimes including my current dividend positions and winning sell call and put trades . 🦁🦁🦁🦁🦁Do follow me share my posts regularly So more people can learn about my trading methods and winning trades on selling covered calls and puts options I share my options trade below usually I sell at a higher price then buy back at a lower price for a profit I 🌈🌈🌈🌈🌈🌈🌈🌈 As always do your on due diligence and tradings have risks Do feature me @TigerStars @TigerPM @MillionaireTiger @Daily_Discussion @MiniAce @Fenger1188 so more people learn sell cash covered put on good stocks and earn 1% or more per month
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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