Trade Recap – UPS Bull Put Spread

This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: United Parcel Service / UPSOption Strategy: Bull Put SpreadTrade entry date / price: 25 Feb 2020 / $94.55Price at trade exit: $93.46 Recap: We were able to let the position expire worthless on Friday, enabling us to realize […]

Trade Adjustment – JNJ Bull Put Spread

This post is restricted to paying members. To follow are specific trade details: Stock / Symbol: Johnson & Johnson / JNJOption Strategy: Bull Put SpreadTrade entry date / price: 27 Feb 2020 / $141.50Price at this post: $124.00 Reasoning: Our position is ITM (in-the-money), so we’re going to roll out to next week’s expiration and […]

Trade Entry – BP Calendar Call Spread

This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: BP PLC / BPStrategy: Calendar Call SpreadTrade entry date: 10 Mar 2020Price at this post: $25.90 Reasoning: With BP, a big oil producer, trading at levels not seen in 10 years, we’re going to put a Calendar Call […]