1 result for month: 01/2021


DBX (DropBox)

August 5, 2020 I have updated my tutorial on how you start and build an ongoing option trading position. The trade started on May 8, the symbol is DBX. The profit is now about $1565 after 30 trades. I have been selling both calls and puts around a small position. My exposure has never been more than 600 shares. On May 8, DBX closed at $21.88. Let's analyze it as if I would have bought 600 shares on that date for $13,128. Today, those 600 shares would have risen in value by $1.37, for a theoretical profit of $822. My profit is just about double the "buy and hold return" and I achieved that by selling options. Also, at times my exposure has been zero ...