Trade Entry – AAPL Butterfly Call Spread

This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Apple / AAPLOption Strategy: Butterfly Call SpreadTrade post date: 22 May 2020Price at this post: $318.35 Reasoning: Putting on a Butterfly Call Spread to play our premise that AAPL will pullback to its 17 day average (around $307.50) […]

Trade Entry – SPLK Calendar Put Spread

This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Splunk / SPLKOption Strategy: Calendar Put SpreadTrade post date: 22 May 2020Price at this post: $183.50 Reasoning: SPLK is up huge today following their earnings announcement yesterday afternoon. Putting on a Calendar Put Spread to play the premise […]

Trade Entry – SPY Bear Call Spread

This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: SPDR S&P500 ETF / SPYOption Strategy: Bear Call SpreadTrade post date: 08 May 2020Price at this post: $291.78 Reasoning: The market has rebounded very nicely. Technically, however, the SPY is likely to run into resistance between 300 and […]

Trade Exit – CRM Iron Condor

This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Salesforce.com / CRMOption Strategy: Iron CondorTrade entry date / price: 01 May 2020 / $156.00Price at this post: $167.50 Reasoning: Our upside stop has been triggered, so we’re going to close the trade here to avoid further loss. […]

Trade Exit – GRUB Calendar Call Spread

This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Grubhub / GRUBOption Strategy: Calendar Call SpreadTrade entry date / price: 16 Apr 2020 / $40.55Price at this post: $48.25 Reasoning: Ahead of GRUB’s scheduled earnings announcement tomorrow afternoon, we’re currently up over 50% on this trade. So, […]