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$419 profit in AMGN & CAT

Writer's picture: themoneyloafthemoneyloaf
Jan 9

Updated: Jan 11

Happy January!

 

I hope you had a restful holiday season - I sure did and it's great to be back at the newsletter!

 

This week:

  1. $267 profit in Amgen (AMGN)

  2. $152 profit in Caterpillar (CAT)



 

$267 profit in AMGN


Lightning strikes for the third time this year in AMGN.

 

I sold the $260/265 put ratio spread expiring Dec 20 for $267 in premium up front. 

 

I love put ratios because they don't require a lot of management and provides the potential to make more than the initial premium (which is what happened here). 

 

The day of expiration, AMGN jumped up to about $264, which was in between the two strikes, which is one of the best possible outcomes. At that point I could have chosen to wait for more profit or close the trade. 

 

The important thing is no matter which choice I made, I would have walked away with more than 100% profit on the trade. 


Trade update post by themoneyloaf. Trade #99 (AMGN) closed with 100% profit. STO AMGN Dec 20 $260/265 put ratio expired worthless.

Because there were so many -ahem- options to take, I decided to just log this as a 100% profit. 

 

I personally closed it for an additional $120, for a total profit of $387, for 145% ROI. 

 

Like I said at the top, this is the third time in 2024 that an AMGN position returned more than 100% on the trade. 

 

I only entered 6 trades in AMGN last year, but walked away with $1,500 in realized profit. This is probably the stock with the most ROI in 2024!

 

All the trades were of course shared with my private community as updates within my real portfolio (not recommendations). If you'd like to be part of the community, consider checking out the link below. 



 

$152 profit in CAT


Similar to the AMGN trade, I sold the $330/340 put ratio spread in CAT expiring on Dec 20 for $152 in premium. 

 

This ended up going the opposite direction of the AMGN trade - once I put it on, CAT just rallied upwards for the entire duration of the trade and it never came close to being anywhere in the money.

 

That worked out just fine because I left the trade to expire worthless, which means I kept all $152 of the initial profit, or 100%. 


Trade update post: Trade #95 (CAT) closed with 100% profit; put ratio expired worthless. Profit: $152. Character: themoneyloaf.

I didn't trade CAT that much last year, but I did still log 5 wins from 5 trades, bringing in a realized profit of $764 in total. 

 

You can read about the other CAT trades at the link below. 



 

Closing thoughts & useful links


After 2 massive years for the stock market, 2025 is off to a quiet start. 

 

With earnings season coming up, I'm back to being particularly selective about trades and waiting only for the best opportunities. 

 

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.

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