One Day Wonder
A Quick One Day Trade To Round Out The Week
The One-Day Wonder Trades – 12-13-18
Quick Take: One Day Wonder – Bullish Trade
Time Frame: One Day.
Underlying Stock: Bullish Market Edge Opinion – No Stock Position.
Desired Stock Price Direction: Up.
Option Position: Long Deferred ATM -1or -2 Call – Short Expiring ATM +1 or +2 Call.
Maximum Risk: Initial debit spread amount.
Summary: The stock performs as anticipated. The premium (air) is the short expiring call goes to zero while the long deferred call gains additional premium.
Quick Take: One Day Wonder – Bearish Trade
Time Frame: One Day.
Underlying Stock: Bearish Market Edge Opinion – No Stock Position.
Desired Stock Price Direction: Down.
Option Position: Long Deferred ATM +1 or +2 Put – Short Expiring ATM -1 or -2 Put.
Maximum Risk: Initial debit spread amount.
Summary: The stock performs as anticipated. The premium (air) in the short expiring put goes to zero while the long deferred put gains additional premium.
This Week’s One-Day Wonder Trades
| Market Posture: | Bearish | |||||||
| Off-Strike Horizontal Bullish Trade | ||||||||
| Market | Open | Short Call | Long Call | |||||
| Open | Edge | Stock | Option | ATM +1, +2 | ATM -1, -2 | Debit | Debit | |
| Stock | Date | Opinion | Price | Type | Exp Option | Def Option | Spread | Target |
| IBM | 12/13/18 | Bullish | $120.58 | Call | 121.0 | 116.0 | $4.63 | $7.87 |
| MSFT | 12/13/18 | Bullish | $109.05 | Call | 110.0 | 105.0 | $4.36 | $7.41 |
| Def Option = Next Friday’s Expiration Serial | ||||||||
| Exp Option = This Friday’s Expiration Serial | ||||||||
| Prices Are Thursday Afternoon’s Around 3:00 PM | ||||||||
| Market Posture: | Bearish | |||||||
| Off-Strike Horizontal Bearish Trade | ||||||||
| Market | Open | Short Put | Long Put | |||||
| Open | Edge | Stock | Option | ATM -1, -2 | ATM +1, +2 | Debit | Debit | |
| Stock | Date | Opinion | Price | Type | Exp Option | Def Option | Spread | Target |
| NONE | 12/13/18 | Bearish | $0.00 | Put | 0.0 | 0.0 | $0.00 | $0.00 |
| $0.00 | $0.00 | |||||||
| Track Record | ||||||||
| Percent | Percent | # Of | # Of | # Of | NET % | Annual | ||
| Win Trades | Loss Trades | Trades | Weeks | Targets | P/L | ROI | ||
| 68.1% | 31.9% | 70 | 34 | 0 | 11.2% | 17.2% | ||
| Def Option = Next Friday’s Expiration Serial | ||||||||
| Exp Option = This Friday’s Expiration Serial | ||||||||
| Prices Are Thursday Afternoon’s Around 3:00 PM | ||||||||
Results For This Week’s One-Day Wonder Trades
Results for this week’s trades will be posted over the weekend following the close of trading on Friday.
As Seen in Stocks and Commodities Magazine, the Optiononics One Day Wonder trade is a One Day (Overnight) trade that you can use the day before expiration to turn quick profits with limited risk. Watch the video and then download the booklet.