$205 profit in DKS
- themoneyloaf
- 3 days ago
- 2 min read
Happy weekend!
Quick reminder that the chance to register your interest in my 2nd options course of 2026 will be opening up in 3 weeks! Look out for it on Feb 15.
This week:
$205 profit in Dick's Sporting Goods (DKS)
$205 profit in DKS
I always say this when I update trades with a put ratio spread, but they are one of my favorite trades because they basically don't require any management while also providing the possibility of making more than the initial premium on the trade.
In mid-December, there was an opportunity to enter a trade in DKS. I decided to sell a $195/200 put ratio spread for the Jan 16 expiration and collected $205 in premium upfront.
It felt a bit early but I did want to put some capital to work, so I entered this trade as a bonus trade.
As mentioned at the top, the good thing about a put ratio spread is that it requires very little management.
Because DKS more or less stayed away from where my put strikes were, I didn't have to do anything to the trade and just left it all the way to expiration on Jan 16, where the entire trade expired worthless and I kept all of the initial premium for $205 realized profit.
DKS was in my portfolio all throughout 2025 with 9 wins from 9 trades and a total realized profit of $1,749.
This makes it the first winning trade of 2026, and hopefully the first of many to come.
This trade (and all trades in this newsletter) are shared in close-to real time to my private community as updates in my own portfolio (not recommendations). If you're familiar with the basic mechanics of options, you can consider joining the private community to view these updates as well.
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
I was hoping for some volatility this week, but it didn't materialize. Hopefully more opportunities will surface during earnings next week.
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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