Stock / Symbol: General Electric / GEStrategy: Bear Call SpreadTrade entry date / price: 12 Jan 2023 / $78.65Price at this post: $77.00 Update / Reasoning: GE is finally starting to show signs of reversing lower. However, with GE’s earnings announcement coming next Tuesday morning, I’m running out of time on this trade. Per my […]
Stock / Symbol: Canopy Growth Corp / CGCStrategy: Diagonal Call Spread + Bull Put spreadTrade entry date / price: 18 Apr 2021 / $27.80Price at this post: $2.61 Update / Reasoning: Finally putting this disaster of a trade to bed. Closing out the Bull Put spread and just letting the long calls expire worthless. Trade […]
Stock / Symbol: Apple / AAPLStrategy: Bull Put SpreadTrade entry date / price: 05 Jan 2023 / $126.55Price at this post: $132 Update: With my the position within my profit target at about 13%, I’m closing this trade here. I’m going to adjust the open exit order as follows below.. Adjusted Exit Order: BTC 1 […]
Stock / Symbol: Newmont / NEMStrategy: Diagonal Call SpreadTrade entry date / price: 08 Dec 2022 / $47.22Price at this post: $51.05 Update / Reasoning: Price target hit, going to take profits. Also, the position’s delta has gone from 21.6 at entry to -6.5 = time to go. Trade Exit Order:STC 1 NEM 19Jan24 45 […]
Stock / Symbol: Cleveland Cliffs / CLFStrategy: Vertical Put SpreadTrade entry date / price: 12 Dec 2022 / $15.33Price at this post: $14.91 Update / Reasoning: Time stop hit today. Closing this one out now, win or lose. Adjusted Exit Order: STC 1 CLF 06Jan23 16 putBTC 1 CLF 06Jan23 14 put For a min […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Cleveland Cliffs / CLFStrategy: Vertical Put SpreadTrade entry date / price: 12 Dec 2022 / $15.33Price at this post: $15.10 Update / Reasoning: With my plan for this to be a quick trade (no more than a week), […]
This post is restricted to paying members. To follow are specific active trade details: Stock / Symbol: SAP SE ADR / SAPStrategy: Bear Call SpreadTrade entry date / price: 14 Nov 2022 / $110Price at this post: $107.85 Update: Wanting to be sure to get filled by the close of this week, I’m raising my […]
This post is restricted to paying members. To follow are specific active trade details: Stock / Symbol: SAP SE ADR / SAPStrategy: Bear Call SpreadTrade entry date / price: 14 Nov 2022 / $110Price at this post: $107.25 Update: With my time stop of 3 weeks to exit triggering this week, I’m going to raise […]
Stock / Symbol: Honeywell International / HONStrategy: Diagonal Put SpreadTrade exit date / price: 29 Nov 2022 / $217.00Price at this post: $213.45 Update: With HON looking fairly strong on a down day for the market, I’m exiting the trade now for a lower profit than I wanted. But hey, it’s still a win. Adjusted […]
Stock / Symbol: Honeywell International / HONStrategy: Diagonal Put SpreadTrade exit date / price: 29 Nov 2022 / $217.00Price at this post: $213.25 Update: With HON down about $4 from it’s price at the onset of this trade, the position is currenlty up by about 17%. With my goal for a 30% return on risk, […]