$125 profit in ABBV
- themoneyloaf
- Nov 20
- 2 min read
Hello!
Let me start by expressing my thanks to everyone who expressed their interest and signed up for my next options course in January.
The course sold out super quickly and I opened another 10 spots, and everything was gone in less than 8 hours.
I know there are people who are disappointed they didn't get a spot, but please look out for my next batch which will likely happen in April 2026, and I'll start registration probably in late February.
This week:
$125 profit in ABBV
$125 profit in ABBV
ABBV dropped right after reporting earnings, which provided the perfect opportunity to open a new position.
I sold the $200 cash-secured put expiring Dec 19 for $200 in premium upfront.
ABBV rallied almost instantly, and I was sitting on my usual profit target of 50% in less than a week.
At the same time, the market was looking a little bit iffy, so during the weekly portfolio review I outlined my strategy for the week, which was to take some profits and free up some capital that can be re-allocated if more volatility enters the market.
The trade ended up going according to plan and I paid $75 to close the trade, leading to a realized profit of $125 or just about 63% of max profit.
This is good all round because I made more than my usual profit target, and the capital is freed up for my next trade.
As always all the trades within this portfolio are updated in close to real-time to my private community (not recommendations). While I do share my own profit targets, they can of course be adjusted to meet your own risk profile as well.
You can find out more about my private community at the link below.
There was some on-again off-again volatility in the tech sector, which didn't really affect my portfolio as I tend to focus on dividend stocks.
In fact I started the week with 10 open positions and ended with 6, closing 4 for realized profits in the process.
Just 6 weeks left in 2025, let's see what they bring.
Have a good weekend!
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This article is for educational purposes only. This is my own portfolio which is being managed according to my goals and risk tolerance. Your situation is likely different and you should do your own due diligence before investing in stocks or options.
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