New Iron Condor

This post is restricted to paying members. To follow is specific new trade details: Stock / Symbol: iShares Russell 2000 ETF / IWMOption Strategy: iron condor Price at trade post: $146.61 Reasoning: Taking advantage of the market’s increased volatility and putting an iron condor on IWM utilizing Aug 30th expiring options. This potential trade currently […]

Trade Recap – AMD Calendar Call Spread

Stock / Symbol: Advanced Micro Devices / AMDOption Strategy: Calendar Call spread / Double Calendar (after adjustment)Trade entry date / price: 06 Aug 2019 / $28.62Trade exit date / price: 13 Aug 2019 / $32.60 Recap: At 6:47am PST on Aug 13th we got filled on our GTC exit order for a credit of $6.65 […]

Update / Adjustment to BP Bull Put Spread

This post is restricted to paying members. To follow is specific new trade details: Stock / Symbol: BP Amoco / BPOption Strategy: bull put spreadEntry Date / Price: 29 July 2019 / $38.99Price at this adjustment: $35.90 Update / Adjustment: Our short 38 strike put was exercised last night so we’re now long 100 shares […]

New Bull Put Spread

This post is restricted to paying members. To follow is specific new trade details: Stock / Symbol: Amazon / AMZNOption Strategy: bull put spreadPrice at trade post: $1764.05 Reasoning: Taking advantage of today’s panic selling, we’re putting a bull put spread on AMZN utilizing Aug 23rd expiring options. This trade currently has a delta of […]

Adjustment to DUST Diagonal Call Spread

This post is restricted to paying members. To follow are specific active trade details: Stock / Symbol: Gold Miners 3x bear / DUSTOption Strategy: diagonal call spreadTrade entry date / price: Price at trade post: 29 Jul 2019 / $8.82Price at this adjustment: $7.54 Adjustment: Our short Aug 9 expiring option expired worthless last Friday, […]

Closing AMD Double Calendar Call Spread

This post is restricted to paying members. To follow are specific trade details: Stock / Symbol: Advanced Micro Devices / AMDOption Strategy: Calendar Call spread / Double Calendar (after adjustment)Trade entry date / price: 06 Aug 2019 / $28.62Price at this post: $33.054 Reasoning: Entering a GTC order to close the position at around 70% […]

TNA Trade Recap

Stock / Symbol: Small Cap 3x Bull / TNA Option Strategy: Iron Condor Trade entry date / price: 19 Jul 2019 / $61.47 Trade exit date / price at this post: 9 Aug 2019 / $55.60 Recap: The position was entered at a credit of $0.55 per contract. The calls and puts forming our iron […]

Adjustment for AMD Calendar Call Spread

This post is restricted to paying members. To follow are specific trade details: Stock / Symbol: Advanced Micro Devices / AMDOption Strategy: Calendar Call spreadTrade entry date / price: 06 Aug 2019 / $28.62Price at this adjustment: $33.10 Reasoning: On positive news, AMD has shot way up, past our upside target. So, we’re going to […]

New Calendar Call Spread #2

This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Advanced Micro Devices / AMDOption Strategy: Calendar Call spreadTrade entry date / price: 06 Aug 2019 / $28.62 Reasoning: With AMD finding support yesterday at the $28 range, we’re putting on a positive Delta trade on AMD. We’re […]

New Calendar Call Spread #1

This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Small Cap 3x Bull / TNA Option Strategy: Calendar Call spreadTrade entry date / price: 06 Aug 2019 / $53.95 Reasoning: With TNA finding support yesterday at the May 31st and June 3rd lows, we’re putting on a […]