Stock / Symbol: Fed Ex / FDXStrategy: Bear Call SpreadTrade entry date / price: 08 Sep 2020 / $222.72Price at this post: $226.22 Update / Reasoning: Despite being wrong about FDX trading down, we’re still up on this trade – by about 20% at the moment. As long as FDX closes under $230 by market […]
Stock / Symbol: Disney / DISStrategy: Vertical Call SpreadTrade entry date / price: 27 Aug 2020 / $134.93Price at this post: $136.75 Update / Reasoning: In the face of a big down day in the market, DIS is up strong. With our position expiring this Friday, we’re going to attempt to close this out today […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Wells Fargo / WFCStrategy: Diagonal Call SpreadTrade entry date / price: 04 Sep 2020 / $24.68Price at this post: $23.96 Correction: I had incorrectly said to BTO the WFC 16Oct20 30 strike call. It should have read STO. […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Fed Ex / FDXStrategy: Bear Call SpreadTrade post date: 08 Sep 2020Price at this post: $222.72 Reasoning: With FDX trading up into its supply range, I’m expecting a bit of a pullback, to at least its 17 day […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Wells Fargo / WFCStrategy: Diagonal Call SpreadTrade post date: 04 Sep 2020Price at this post: $24.68 Reasoning: The financials have not participated in the market recovery since the Covid drop. I’m expecting that traders and institutions will be […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Weibo / WBStrategy: Bull Put SpreadTrade post date: 04 Sep 2020Price at this post: $35.84 Reasoning: This Chinese social media co has pulled back with the market to a strong support level at $35. On the premise that […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Johnson & Johnson / JNJStrategy: Long Put ButterflyTrade entry date / price: 28Aug 2020 / $152.79Price at this post: $150.65 Reasoning: JNJ has pulled back a bit more than expected due to yesterday’s market sell-off. We’re going to […]
This post is restricted to paying members. To follow are specific position adjustment details: Stock / Symbol: Micron / MUStrategy: Diagonal Call SpreadTrade entry date / price: 07 Aug 2020 / $48.65Price at this post: $47.75 Reasoning: We’re going to capitalize on MU’s strong move up today and sell another call against the position to […]