This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: UBERStrategy: Diagonal Call SpreadTrade post date: 17 Jul 2020Price at this post: $32.00 Reasoning: UBER has found support at the $30 level, with perceived upside to the high 30’s in a relatively short period. On this premise, we’re […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Invesco QQQ Trust (Nasdaq ETF) / QQQStrategy: Broken Bear Call SpreadTrade entry date / price: 05 Jul 2020 / $257.45Price at this post: $259.09 Update / Reasoning: With QQQ trading under our short $262 call, we could allow […]
Stock / Symbol: iShares Silver Trust / SLVOption Strategy: Diagonal Call SpreadTrade entry date / price: 03 Apr 2020 / $13.54Price at this post: $18.03 Reasoning: With both our short call ITM + expiring today and our position within $20 of the max profit on the trade, we’re going to close this position here and […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: TSLAStrategy: Vertical Put SpreadTrade post date: 09 Jul 2020Price at this post: $1376 Reasoning: TSLA is extremely overbought and has a decent probability of pulling back to its 17 day moving average prior to its scheduled earnings announcement […]
Stock / Symbol: Advanced Micro Devices / AMDStrategy: Broken Wing Butterfly Call SpreadTrade entry date / price: 30 Jun 2020 / $52.05Price at this post: $54.90 Reasoning: With AMD having moved up nicely from our entry point, we’re going to set our sell order to close the trade out early with a target profit of […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Invesco QQQ Trust (Nasdaq ETF) / QQQStrategy: Broken Bear Call SpreadTrade post date: 05 Jul 2020Price at this post: $257.45 Reasoning: With QQQ overbought / trading high in its supply zone, we’re going to put on a Bear […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: SPDR Trust Energy ETF / XLEStrategy: Iron CondorTrade entry date / price: 19 Jun 2020 / $40.84Price at this post: $37.52 Update: With XLE trading just slightly higher than our short 37 strike put, we’re keeping an eye […]