$187 profit in PG
- themoneyloaf
- Jan 15
- 3 min read
Happy weekend!
Sometimes you enter a new trade and it immediately goes against you, and sometimes you enter a new trade and it goes against you so much that it makes sense to double dip and open a new trade, which is what happened in this week's update in PG.
This week:
$187 profit across 2 trades in Procter and Gamble (PG)
$187 profit in PG
There were intermittent periods of volatility in December, and PG presented a nice opportunity to enter two trades.
The first position I opened was selling a cash-secured put at the $135 strike expiring on Jan 16 for $105 in premium upfront.
However PG continued to drop and I decided that I couldn't pass on the opportunity to double dip, but this time with a more aggressive position, selling the $140 cash-secured put with the same expiration date, this time for $202 in premium upfront.
The plan was to take off the more aggressive $140 position as early as possible, while leaving the $135 position on to squeeze more profit overall.
11 trading days later, the $140 put was trading at $1.00, or my usual profit target of 50%, so I closed the trade and locked in $102 on the first trade.
If the more aggressive $140 put was already at 50% of max profit, then the more conservative $135 put was even safer.
This gave me the confidence to stick to the original plan, and left the $135 put to run for more profit.
The following week the price on that remaining $135 put dropped to $0.20, so I took that off for an $80 profit, or 80% of max profit on that second trade.
Overall, I sold 2 positions with a total initial premium of $307, and paid $120 to close both positions.
That leaves me with a realized profit of $187 across both positions, which is roughly 60% of max profit.
These updates in my portfolio were shared to my private community as soon they were filled (not recommendations), and everyone had the choice between picking the aggressive or conservative trade, or both.
And of course the guidance for managing and closing both trades were posted to the community as well.
You can find out more about my private community at the link below.
Closing thoughts & useful links
The first full trading week of 2026 pretty much continued the momentum from 2025 despite some geopolitical tensions.
The cynic in me says this can't last - but the market has said otherwise since 2024!
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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