On the 26th of June, I placed a long call trade on Schlumberger.  There was a bull flag signal showing and it was a good entry point. I received a debit of 6.10 and sized accordingly. A day later, I exited for a credit of 8.60. That gives me a profit of 2.50 / 6.10 = 41%!

On the 24th of June, I closed my JPM butterfly for a credit of 2.01. That gives me a profit of .22 / 1.79 = 12.3% in a week! These types of trades are quite attractive in this market due to high volatility.

I exited my vulture bull put spread on Console Energy for a debit of .63. That gives me a profit of .47 / 3.90 = 12% in a day!

USO retraced quite nicely this morning and we closed our BLPS side for a debit of .08. Our entire USO trade has been closed for a total credit of .39 / .50 = 78% in a day!

A lot of lessons this month on what type of trades to enter and be in. This was one of them that wasn’t too favorable. I closed the bull call spread on Sprint for a credit of .20. That gives me a loss of -.40 / .60 = -66.6%!

I closed my calendar on Home Depot recently for a credit of .55. This gives me a profit of .15 / .40 = 37.5% in a week!

I closed my iron condor on USO today for a debit of .25. That gives me a profit of .25 / .50 = 50% in 6 days!

I closed my bull put spread on WLT Industries for a debit of .21. That gives me a profit of .91 / 3.88 = 23.4% in 5 days!

As everyone is jumping up and down about oil prices, I am making money! I put on another USO BLPS (June 102/101) on June 10th for a credit of .30. A day later, I sold the option worthless. This gives me a profit of .30 / .70 =  42.8%. The distinction to make is that the fill may be a bit better due to me paper trading, but the idea is that money is being made with this type of stock and strategy.

I closed my RTH calendar for a credit of 1.57 today. That gives me a profit of .37 / 1.20 = 30.8% in two and a half weeks!