5/25 new option selection

amazon option spread choice:

• conservative choice:
• sell June 8th 1600~1580 put spread with around $6
• break even price: 1594
• potential gain : $6 per contract, 6/(20-6) =   42.8%
• potential loss: $14 per contract ,100%
• better for those who can take the shares if being assgined
• the odds price close above 1580 on June 8th is about 65%

• aggressive choice:
• sell June 15th 1650~1600 put spread with around $27
• break even price: 1623
• potential gain: $27 per contract ,27/(50-27) =  117.3% 
• potential loss : $23 per contract , 100%
• better for those who can take the shares if being assigned
• the odds price above 1600 on June 15th is about 52%

Note: the potential loss is not necessary up to 100%, you always can close the position before option expiration date if you feel the trade will not be successful.

My personal opinion is not for investment purpose, but for demonstration and education.

4/14/2018 stock options picks

Constellation Brands Inc. (STZ):

short put spread June 15th 220~210 with $3.05~$3.1

• the break even price $217
• potential gain $3/($10-$3) =   42.8%
• potential loss 100% (but you always can close position earlier to limit loss)
• The reason to choose it
• $220 is strong support
• gradual positive market sentiment shift 

My personal opinion is not for investment purpose, but for education and illustration