One Day Wonder
A Quick One Day Trade To Round Out The Week
The One-Day Wonder Trades – 09-13-18
Quick Take: One Day Wonder – Bullish Trade
Time Frame: One Day.
Underlying Stock: Bullish Market Edge Opinion – No Position.
Desired Stock Price Direction: Up.
Option Position: Long Differed ATM -1or -2 Call – Short Expiring ATM +1 or +2 Call.
Desired Result: The stock performs as anticipated. The short expiring call expires worthless and the long call gains additional premium.
Maximum Risk: Initial debit spread amount.
Quick Take: One Day Wonder – Bearish Trade
Time Frame: One Day.
Underlying Stock: Bearish Market Edge Opinion – No Position.
Desired Stock Price Direction: Down.
Option Position: Long Differed ATM +1 or +2 Put – Short Expiring ATM -1 or -2 Put.
Desired Result: The stock performs as anticipated. The short expiring put expires worthless and the long put gains additional premium.
Maximum Risk: Initial debit spread amount.
This Week’s One-Day Wonder Trades
| Market Posture: | Bullish | |||||||
| Off-Strike Horizontal Bullish Trade | ||||||||
| Market | Open | Short | Long | |||||
| Open | Edge | Stock | Option | ATM +1 +2 | ATM -1, -2 | Debit | Debit | |
| Stock | Date | Opinion | Price | Put/Call | Exp Option | Def Option | Spread | Target |
| IBM | 09/13/18 | Bullish | $148.65 | Call | 149.0 | 146.0 | $2.72 | $5.44 |
| 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: | Bullish | |||||||
| Off-Strike Horizontal Bearish Trade | ||||||||
| Market | Open | Short | Long | |||||
| Open | Edge | Stock | Option | ATM -1, -2 | ATM +1, +2 | Debit | Debit | |
| Stock | Date | Opinion | Price | Put/Call | Exp Option | Def Option | Spread | Target |
| TSLA | 09/13/18 | Bearish | $289.86 | Put | 290.0 | 292.5 | $7.16 | $14.32 |
| 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 Last Week’s One-Day Wonder Trades
| Market | Open | Close | Open | Closed | Spread | Actual | Total | ||
| Open | Edge | Stock | Stock | Debit | Credit | Profit | Profit | Profit | |
| Stock | Date | Opinion | Price | Price | Spread | Spread | Loss | Loss | Loss |
| MSFT | 09/06/18 | Bullish | $108.73 | $108.21 | $2.79 | $2.78 | -$0.01 | -1.00 | -1.00 |
| FB | 09/06/18 | Bullish | $163.20 | $163.04 | $2.83 | $2.88 | $0.05 | 5.00 | 4.00 |
| Number Of Round Trip Trades: | 2 | ||||||||
| Total Profit/Loss: | $4.00 | ||||||||
| Total Risk Capital: | $20,000 | ||||||||
| Weekly % Return: | 0.0% | ||||||||
| *Transaction Fees NOT Included In Results | |||||||||
| Percent | Percent | # Of | # Of | % | NET % | Annualized | |||
| Win Trades | Loss Trades | Trades | Targets | Target | P/L | ROI | |||
| 64.4% | 35.6% | 159 | 3 | 1.9% | 7.8% | 18.4% | |||
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.