New Bull Put Spread

This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Ulta Beauty / ULTAOption Strategy: bull put spreadPrice at trade post: $240.75 Reasoning: Taking advantage of today’s big drop on ULTA after a disappointing earnings announcement with a bull put spread utilizing September expiring options. This trade currently […]

Adjustment to TGT Bear Call Spread

This post is restricted to paying members. To follow are specific trade adjustment details: Stock / Symbol: Target Corp / TGTOption Strategy: bear call spreadTrade entry date / price: 22 Aug 2019 / $104.77Price at this post: $108.90 Adjustment : With TGT trading over $107 today, we’re adjusting the position. Adjusting the short strike up […]

New SPY Bear Call Spread

This post is restricted to paying members. To follow is specific new trade details: Stock / Symbol: SPDR S&P 500 / SPYOption Strategy: bear call spreadPrice at trade post: $291.32 Reasoning: Putting a bear call spread on SPY with Sep 6th weekly expiring options as I’m expecting strong resistance at the 294 level. This trade […]

Closing Trade – IWM Iron Condor

This post is restricted to paying members. To follow is specific new trade details: Stock / Symbol: iShares Russell 2000 ETF / IWMOption Strategy: iron condor Trade entry date / stock price: 16 Aug 2019 / $146.61Trade exit date / stock price: 27 Aug 2019 / $147.27 Current Position: Short 2 IWM 30Aug2019 152 callLong […]

Adjustment to TNA Calendar Call Spread

This post is restricted to paying members. To follow are specific active trade details: Stock / Symbol: Small Cap 3x Bull / TNA Option Strategy: Calendar Call spreadTrade entry date / stock price: 06 Aug 2019 / $53.95Stock price at this adjustment: $54.75 Update / Adjustment: We didn’t get filled on the Aug 23rd 59 […]

New Bear Call Spread

This post is restricted to paying members. To follow is specific new trade details: Stock / Symbol: Target Corp / TGTOption Strategy: bear call spreadPrice at trade post: $104.77 Reasoning: Putting a bear call spread on TGT with Aug 30th weekly expiring options to take advantage of the stock’s pop up on earnings yesterday. This […]

Adjustment to TNA Calendar Call Spread

This post is restricted to paying members. To follow are specific active trade details: Stock / Symbol: Small Cap 3x Bull / TNA Option Strategy: Calendar Call spreadTrade entry date / stock price: 06 Aug 2019 / $53.95Stock price at this post: $54.65 Update / Adjustment: The 16Aug19 59 strike call we sold expired worthless […]

Closing AMZN Bull Put Spread

Stock / Symbol: Amazon / AMZNOption Strategy: bull put spreadTrade entry date / stock price: 14 Aug 2019 / $1764.05Stock price at this post: $1811.60 Reasoning: We were filled for a credit of $1.05 per contract on the 14th at 12:00 pm PST. Now, we’re going to try to capture around 80% of this trade’s […]

Trade Recap – BA Bull Put Spread

Stock / Symbol: Boeing / BA Option Strategy: Bull Put spreadTrade entry date / price: 05 Aug 2019 / $332.25Trade exit date / price: 16 Aug 2019 / $330.45 Recap: With BA closing at the end of trading on Friday over $315, we were able to allow our position to expire worthless and realize the […]

Revised Order – New Iron Condor

This post is restricted to paying members. To follow is specific new trade details: Stock / Symbol: iShares Russell 2000 ETF / IWMOption Strategy: iron condor Price at trade post: $146.61 Revision: changing the entry order to 2 contracts per leg. Trade Details: STO 2 IWM 30Aug2019 152 callBTO 2 IWM 30Aug2019 155 callSTO 2 […]