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$220 profit in BBY & AMGN

  • Writer: themoneyloaf
    themoneyloaf
  • Jun 19
  • 3 min read

Updated: Jun 21

Happy Sunday!

 

Before I get into this week's positions, I wanted to say thanks for all the support for my latest options course. 

 

The July batch was basically sold out within 5 hours, though I did leave it open for a while more since it's the last course for 2025. 

 

I'm also happy that the reception to the hybrid format has been very positive so far, with a big thanks to everyone who kept asking for it!

 

The next course should be in Jan or Feb 2026, and I'll announce it via this newsletter, so make sure you're subscribed. 

 

This week:

  1. $70 profit in Best Buy (BBY)

  2. $150 profit in Amgen (AMGN)


$70 profit in BBY


BBY announced earnings at the end of May with concerns over the impact of tariffs, and the stock promptly dropped about 7%. 

 

This provided the perfect opportunity to enter a trade and I sold the $60 cash-secured put expiring Jul 18 for $130 in premium. 

 

A mere 4 trading days later the stock recovered and was only worth $60, so I bought back the position to bring in $70 in realized profit (54% of max profit). 


$70 realized profit from selling options in BBY

Even though I could have held on to the position for a little longer, I didn't want to risk the profits with all the uncertainty surrounding tariffs. 

 

Freeing up capital allows me to take advantage of the next opportunity when it presents itself. 

 

This makes it 3 wins from 3 trades in BBY and a total realized profit of $234 so far. Not too bad for a stock that trades in the $65-75 range. 

 

As always all the trades within this portfolio are updated in close to real-time to my private community, and you can find out more about my private community at the link below. 


$150 profit in AMGN


Another trade entry towards the end of May, there was some chatter about the pricing of pharma drugs and the whole sector dropped together. 

 

I ended up with positions in ABBV, JNJ, and this trade in AMGN (not all direct competitors, I know). 

 

I sold the $240 cash-secured put expiring Jun 20 for $250 in premium. 

$150 realized profit from selling options in AMGN

Similar to the BBY trade, sentiment changed pretty quickly, and I was able to pay $100 to close the position just 8 trading days later. 

 

This led to a realized profit of $150, or 60% of max profit. 

 

Just like BBY, I've also had 3 wins from 3 trades in AMGN so far in 2025, with a total realized profit of $549 so far. 

 

This number was $1,510 in 2024 from 6 trades and $190 from 2 trades in 2023. 

 

You can read more about previous AMGN trades at the link below. 


Closing thoughts & useful links


For the first time in a while it's not tariffs that's dominating the financial headlines, but geopolitical tensions. Depending on how things develop, things might not as easily backtracked as certain policies. 

 

Coupled with the relatively low VIX, I'm going to be a little more cautious in the week ahead. 


Have a good weekend!


 

 

  • Improve your financial life with my budget and wealth tracker that helps to allocate your budget, calculate savings rate, track your sinking funds, net worth and progresses towards FIRE with minimal input from you - most of it is automated. 

 


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.



Comments

The Money Loaf is my journey towards FIRE (financial independence, retire early), and should be read as information and education, not financial advice. The Money Loaf is not a financial advisor and you should not make any financial decisions without doing your own due dilligence or consulting an advisor if you need to. 

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