Trade Adjustment – AMD Put

This post is restricted to paying members. Stock / Symbol: Advanced Micro Devices / AMDStrategy: PutTrade entry date / price: 31 Jul 2020 / $76.96Price at this post: $81.25 Adjustment: Going to roll our put out to another one expiring in two weeks to give this premise (a pullback in AMD) a little more time. […]

Trade Entry – FB Iron Condor

This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Facebook / FBStrategy: Iron CondorTrade post date: 19 Aug 2020Price at this post: $264.84 Reasoning: Following Facebook’s earnings announcement last month, I expect FB to trade between $260 and $270 this week. On this premise, we’re utilizing an […]

Trade Exit – MSFT Long Put + Call Butterfly

This post is restricted to paying members. Stock / Symbol: Microsoft / MSFTStrategy: Long Put Butterfly + Long Call ButterflyTrade entry date / price: 14 Aug 2020 / $208.50Price at this post: $211.90 Reasoning: With MSFT trading close to our upside max profit price, we’re going to close this one out here for a win. […]

Trade Entry – MSFT Long Put Butterfly

This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Microsoft / MSFTStrategy: Long Put ButterflyTrade post date: 14 Aug 2020Price at this post: $208.50 Reasoning: Following their earnings announcement last month, MSFT should trade in a fairly tight range for a while. On this premise, we’re utilizing […]

Trade Entry – PTON Reverse Iron Condor

This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Peloton / PTONStrategy: Reverse Iron CondorTrade post date: 14 Aug 2020Price at this post: $64.94 Reasoning: Expecting a move of +/- 10 from PTON’s current price between now and its earnings announcement scheduled for Sep 10th. To play […]

Trade Entry – WORK Diagonal Call Spread

This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Slack Technologies / WORKStrategy: Diagonal Call SpreadTrade post date: 14 Aug 2020Price at this post: $28.35 Reasoning: In this new, work-at-home, economy, you’ve likely found yourself using Slack… I have. So, we’re going with a long Delta position […]

Trade Exit Order – AMD Put

This post is restricted to paying members. Stock / Symbol: Advanced Micro Devices / AMDStrategy: PutTrade entry date / price: 31 Jul 2020 / $76.96Price at this post: $76.88 Update / Reasoning: For a few days there, a put on AMD was looking like a really bad idea. However, AMD is now actually trading bit […]

Trade Recap – WBA Calendar Call Spread

Stock / Symbol: Walgreens Boots Alliance / WBAStrategy: Calendar Call SpreadTrade entry date / price: 31 Jul 2020 / $40.37Trade exit date / price: 11 Aug 2020 / $42.97 Update: Shortly after posting the trade exit details today for our WBA position, I was filled at the $5.00 credit price we set. Trade Details:Long 1 […]