New Trade : TWTR

Stock / Symbol: Twitter / TWTR Price at trade post: $40.66 Option Strategy: [private_monthly]condor[/private_monthly] Reasoning: Based on the options activity on TWTR, there are lot of bets that Twitter will pop to around the 45 level after tomorrow’s earnings. So, I’m putting on a low risk, high reward strategy to play that possibility. This [private_monthly]Condor[/private_monthly] […]

Closing Trade : BA

Stock / Symbol: Boeing / BA Strategy: [private_monthly]Condor [/private_monthly] Price at trade entry: $74 Price at this post: $73.45 Reasoning: With the trade up approximately 11% ahead of tomorrow morning’s earnings release, I’m going to book the win and take off the risk of a big up or down move on the report. However, with […]

New Trade : BA

Stock / Symbol: Boeing / BA Strategy: [private_monthly]Condor [/private_monthly] Price at trade post: $74 Reasoning: Despite the mechanical issues surrounding their new 787 Dreamliner, I think that BA will stay within a range of [private_monthly]67.5 to 80[/private_monthly] by February option expiration. I’m going to play my thesis with a [private_monthly]call condor [/private_monthly]+ protective strangle . […]