Trade Adjustment : NUGT

Stock / Symbol: Direxion Gold Miners Bull 3x / NUGT Option Strategy: [private_monthly]calendar call spread[/private_monthly] Trade entry date / price: May 14th / $13.68 Price at trade post: $3.33 Current Position:[private_monthly] Long 1 NUGT Sep15 15 call for an effective cost of $2.20 per contract [/private_monthly] Adjustment: Adding a [private_monthly]3 strike call to the position. […]

Trade Adjustment : AAPL

Stock / Symbol: Apple Inc / AAPL Option Strategy: [private_monthly]diagonal call spread + calendar put spread[/private_monthly] Trade entry date / price: 27 Apr / $131.55 Price at this adjustment: $118.70 Current Position:[private_monthly] Long 1 AAPL Jan17 130 call Short -1 AAPL Aug15 140 call for an effective cost of $19.55 per contract (includes losses from […]

Closing Trade : TSLA

Stock / Symbol: Tesla Motors / TSLA Option Strategy: [private_monthly]double calendar[/private_monthly] Trade entry date / price: Jul 7 / $265.50 Price at this post: $264.00 Reasoning: With TSLA barely moving today (down 0.88%) and with volatility slightly up, this trade should be up today but it’s not. At this price, the trade’s risk graph tells […]