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Stock / Symbol: S&P 500 / SPXOption Strategy: Bear Call spreadTrade entry date / price: 25 Oct 2019 / $3008Price at this adjustment: $3149.52 Reasoning: With our position still ITM, we’re going to roll a bit up and out to the Dec 20th expiring options. After this adjustment, our position’s Greeks will be: -1.5 Delta, […]
Stock / Symbol: Zscaller / ZSOption Strategy: Double CalendarTrade entry date / price : 03 Dec 2019 / $51.75Price at this post: $46.85 Update: Our order to close the entire position didn’t get filled, so we’re going to just sell the long put here and let everything else expire worthless. Trade Exit Details: STC 1 […]
Stock / Symbol: Zscaller / ZSOption Strategy: Double CalendarTrade entry date / price : 03 Dec 2019 / $51.75Price at this post: $48.52 Reasoning: While ZS is down significantly following its earnings announcement yesterday, it’s still not enough of a move to make the trade profitable. We’re going try to close out the trade here […]