Trade Exit – TSLA Bear Call Spread

Stock / Symbol: Tesla / TSLAOption Strategy: Bear Call SpreadTrade entry date / price: 22 Jan 2020 / $570Price at this post: $641.50 Reasoning: With our short call well ITM, we need to close the position today. Trade Exit Details: BTC 1 TSLA 31Jan20 600 callSTC 1 TSLA 31Jan20 602.50 call For a max net […]

Trade Entry – XLE Bull Put Spread

This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Spdr Energy ETF / XLEOption Strategy: Bull Put SpreadTrade post date: 27 Jan 2020Price at this post: $55.33 Reasoning: The energy sector has recently pulled back significantly, to near multi year lows. With the premise being that we’re […]

Trade Exit – CSX Calendar Spread

Stock / Symbol: CSX Corp / CSXOption Strategy: Calendar Call SpreadTrade entry date: 17 Jan 2020Price at this post: $76.60 Reasoning: Even though CSX is only up 10 cents from our entry point, our Calendar Spread has performed nicely. We’re going to take profits here. The position’s current Greeks are: 33.8 Delta, 1.6 Theta and […]

Trade Entry – TSLA Bear Call Spread

This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Tesla / TSLAOption Strategy: Bear Call SpreadTrade post date: 22 Jan 2020Price at this post: $570 Reasoning: TSLA popped up today on an upgrade by Wedbush. We’re going to see if we can take advantage of this exuberance, […]

Trade Exit – NFLX Double Calendar

This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Netflix / NFLXOption Strategy: Double CalendarTrade entry date: 14 Jan 2020Price at this post: $339.67 Update / Reasoning: Price wise, our trade is in a perfect spot with NFLX still trading at about the same level as our […]

Trade Entry – CSX Calendar Spread

This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: CSX Corp / CSXOption Strategy: Calendar Call SpreadTrade entry date: 17 Jan 2020Price at this post: $76.55 Reasoning: Following their earnings release yesterday, we’re expecting CSX to continue it’s recent upside move, with a target of $77.50. To […]

Trade Entry – TSLA Broken Wing Put Butterfly

This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Tesla / TSLAOption Strategy: Broken Wing Put ButterflyTrade entry date: 16 Jan 2020Price at this post: $504 Reasoning: Finally looks like TSLA may have peaked, so we’re going to put on a broken wing put butterfly spread. Upon […]