New Diagonal Call Spread

This post is restricted to paying members. To follow is specific new trade details: Stock / Symbol: First Solar / FSLR;Option Strategy: diagonal call spread;Price at trade post: $57.65; Reasoning: FSLR looks to have found support at its 200 day moving average and we’re expecting a bounce back up to its 50 day average, so […]

Trade Update – MU Bull Put Spread

This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: MUOption Strategy: bull put spreadTrade entry date / price at trade post: 2 Oct 2019 / $42.15 Update: We actually got filled (at 9:22am PST) shortly after posting the trade entry for this MU position. With our position […]

New Bull Put Spread

This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: MUOption Strategy: bull put spreadPrice at trade post: $42.38 Reasoning: Expecting MU to find support at its 50 day moving average, we’re putting on a bull put spread utilizing October expiring options. Upon entry, the Greeks will be: […]

Trade Adjustment – SPY Iron Condor

Stock / Symbol: SPDR S&P500 ETF / SPYOption Strategy: iron condor Trade entry date / price: 27 Sep 2019 / $297.62Price at this adjustment: $287.57 Reasoning: With SPY gapping down today, we have an opportunity to close out the call spread portion of our position for close to its full profit potential. Our position’s current […]