Weekly Option Trades (June 16-20, 2025)
Option Trades on TQQQ
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Disclaimer:
The information provided in this newsletter is for educational and informational purposes only and should not be construed as financial advice or as a recommendation for any specific security or trading strategy. My assumptions and observations were only valid at the time of trade execution and, for this reason, the trades described in the newsletter should not be mirrored. I share my trades and the rationale behind them exclusively for the purpose of teaching technical analysis and option trading techniques.
Summary
I did the following option trades this week:
I let the TQQQ $70 strike cash-secured put expire worthless and locked in a profit of $80.
I did not open any new trades due to the escalating situation in the Middle East.
To receive Live Trade Alerts, Detailed Trade Reports on the day of trade execution, weekly snapshots of my Options Portfolio as well as access to the HB7 Trading community chat, join my subscription on Patreon.
Option Trades
Trade 1
On June 20, 2025, the TQQQ $70 strike cash-secured put expired worthless as TQQQ closed at $72.45, above the strike price.
I locked in a profit of $80 (1 contract)
Reminder: I opened this trade on Feb 21, 2025 with a $74 strike expiring on Mar 21, 2025. I received a premium of $1.50 per share or $150 for the contract.
Reminder: On Mar 18, 2025, I rolled the put out and down to a strike of $70 expiring on June 20, 2025. I paid a net debit of $0.70 per share or $70 for the contract.
I made a profit of $80 with an average collateral of $7,200 which is a return of 1.1% in 119 days.
This is by no means a return to brag about, but TQQQ fell as low as $35 per share on Apr 7, 2025 and by rolling the put out I managed to avoid assignment and could now lock in a profit.
This frees up $7,000 buying power. On to the next trade.
Let me know any questions.
Best regards,
Tim | HB7 Trading
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