Trade Adjustment – TNA Bear Call Spread

This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: SmallCap 3x Bull / TNAOption Strategy: Bear Call spreadTrade entry date / price: 22 Nov 2019 / $62.35Price at this adjustment: $68.06 Reasoning: With our upside stop triggered at $68, we’re going to adjust the position to benefit […]

Trade Entry – LYFT Synthetic Long Spread

This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: LYFT / LYFTOption Strategy: Synthetic Long SpreadTrade entry date: 25 Nov 2019Price at this post: $48.88 Reasoning: LYFT looks like it is ready to move significantly higher so we’re going to play a Synthetic Long Spread on it. […]

Trade Adjustment – SPX Bear Call Spread

Stock / Symbol: S&P 500 / SPXOption Strategy: Bear Call spreadTrade entry date / price: 25 Oct 2019 / $3008Price at this adjustment: $3109.90 Reasoning: With our position still ITM, we’re going to roll a bit down and out to the Dec 6th expiring options. After this adjustment, our position’s Greeks will be: -3.4 Delta, […]

Trade Entry – TNA Bear Call Spread

This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: SmallCap 3x Bull / TNAOption Strategy: Bear Call spreadPrice at this post: $62.35 Reasoning: The Russell 2k is still trading at significant resistance levels and we’re going to use a Bear Call Spread on TNA to play our […]

Trade Exit – FSLR Synthetic Long Spread

Stock / Symbol: First Solar / FSLROption Strategy: Synthetic Long SpreadTrade entry date / price: 15 Nov 2019 / $53.48Price at this post: $55.05 Reasoning: Going to take advantage of FSLR’s quick bump up in price and take profits. Also, while we’re up now on the long call, at this same price the call would […]

Closing Trade – IWM Iron Condor

Stock / Symbol: Russell 2000 ETF / IWMOption Strategy: Iron Condor Trade entry date / price : 12 Nov 2019 / $159.08Price at this post: $158.80 Reasoning: With our position already at 82% of it’s max profit potential, we’re going to see if we can book this win now. Current Greeks are: -2.6 delta, 3.0 […]

Trade Entry – FSLR Synthetic Long Spread

This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: First Solar / FSLROption Strategy: Synthetic Long SpreadTrade entry date: 15 Nov 2019Price at this post: $53.50 Reasoning: We’ve been waiting for FSLR to establish support and it looks like it now has at around the 51 to […]

Trade Adjustment – SPX Bear Call Spread

Stock / Symbol: S&P 500 / SPXOption Strategy: Bear Call spreadTrade entry date / price: 25 Oct 2019 / $3008Price at this adjustment: $3115 Reasoning: With our position still ITM, we’re going to roll up and out to next Friday’s expiring options. After this adjustment, our position’s Greeks will be: -3.6 Delta, -2.7 Theta of […]

Trade Entry – AMZN Reverse Iron Condor

This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Amazon / AMZNOption Strategy: Reverse Iron Condor Trade entry date: 15 Nov 2019Price at this post: $1748.62 Reasoning: With AMZN’s volatility at a relative low, we’re putting a Reverse Iron Condor on AMZN using Dec 27th expiring options […]