Stock / Symbol: Uber / UBEROption Strategy: Iron CondorTrade entry date / price: 12 Jun 2020 / $32.02Trade exit date / price: 19 Jun 2020 / $32.30 Recap: UBER closed at $32.30 last Friday, in-between our short 31 put and long 35 put. Our position expired and we were able to realize the trade’s full […]
Stock / Symbol: Peloton / PTONOption Strategy: Broken Wing Butterfly Call SpreadTrade entry date / price : 28 May 2020 / $41.50Price at this post: $50.97 Update: Although we should get filled at a debit of $1.00 before the day is done, we’re upping the debit by $0.05 to get filled now. Trade Exit Details: […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: SPDR Trust Energy ETF / XLEStrategy: Iron CondorTrade post date: 19 Jun 2020Price at this post: $40.84 Reasoning: Expecting XLE to trade within a support and resistance range of 38 to 45 for the next two weeks. On […]
Stock / Symbol: Uber / UBEROption Strategy: Iron CondorTrade entry date / price: 12 Jun 2020 / $32.02Price at this post: $33.79 Reasoning: With UBER trading within the range of our short options, we should be able to let the position expire worthless today. This will enable us to realize the trade’s full profit potential. […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Peloton / PTONOption Strategy: Calendar Put SpreadTrade post date: 18 Jun 2020Price at this post: $50.65 Reasoning: Looks like we need to raise our entry price a bit to get filled, so that’s what we’re doing. Trade Order […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Peloton / PTONOption Strategy: Calendar Put SpreadTrade post date: 18 Jun 2020Price at this post: $50.22 Reasoning: PTON has been on a tear since Mar 13th, with investors playing it as part of their Covid-19 new economy. Technically, […]
Stock / Symbol: Peloton / PTONOption Strategy: Broken Wing Butterfly Call SpreadTrade entry date / price : 28 May 2020 / $41.50Price at this post: $50.10 Update / Reasoning: Our premise was incorrect that PTON would trade lower from our entry point. As the position is in the money, we need to close out the […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Lennar / LENOption Strategy: Vertical Put SpreadTrade post date: 17 Jun 2020Price at this post: $64.40 Reasoning: Homebuilder’s seem to be peaking / at a point of technical resistance here. To play this premise, we’re entering into a […]
Stock / Symbol: Advanced Micro Devices / AMDOption Strategy: Butterfly Put SpreadTrade entry date / price : 11 Jun 2020 / $56.33Exit date / price : 12 Jun 2020 / $53.50 Recap: Our exit order for a credit of $0.35 per contract was filled last Friday, enabling us to realize our expected return of 218%. […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Advanced Micro Devices / AMDOption Strategy: Butterfly Put SpreadTrade post date: 11 Jun 2020Price at this post: $53.50 Update: Entering in our trade order now to attempt to capture a profit with AMD trading near $54. Closing Trade […]