Stock / Symbol: S&P 500 INDEX / SPXStrategy: Iron CondorTrade entry date / price: 26 Oct 2020 / $3382.76Price at this post: $3241 Update: Canceling the exit order and adjusting the position by rolling out the put spread to next Friday’s expiration. Going wider on the spread to enable us to lower the break even […]
Stock / Symbol: S&P 500 INDEX / SPXStrategy: Iron CondorTrade entry date / price: 26 Oct 2020 / $3382.76Price at this post: $3251 Update: With SPX in real danger of closing the day under our short put strike, we’re adjusting our exit order, shooing for a break even on the trade. If we’re not filled […]
Stock / Symbol: S&P 500 INDEX / SPXStrategy: Iron CondorTrade entry date / price: 26 Oct 2020 / $3382.76Price at this post: $3297 Update: With SPX to trading close to our short put strike, we need to watch this position closely today. Going to enter in an exit order with the idea of getting out […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: SPDR GOLD ETF / GLDStrategy: Iron CondorTrade entry date / price: 22 Oct 2020 / $178.75Price at this post: $179.25 Update: So far, with GLD trading near our entry price, this trade is performing well. Going to enter […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: S&P 500 INDEX / SPXStrategy: Iron CondorTrade post date: 26 Oct 2020Price at this post: $3394 Reasoning: Expecting SPX to trade within a range of 3325 to 3550 this week , I’m going with a Delta neutral trade […]
Stock / Symbol: Peloton / PTONOption Strategy: Calendar Put SpreadTrade entry date / price: 22 Oct 2020 / $122.50Price at this post: $119.34 Update / Reasoning: With PTON seemingly holding at its 17 day average support level, we’re going to exit the trade here for a roughly 12% profit. The current Greeks on this position […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Intel / INTCStrategy: Bull Put SpreadTrade post date: 23 Oct 2020Price at this post: $48.20 Reasoning: INTC is down over 10% today following their earnings announcement. So, we’re going to take advantage of this volatility and see if […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Peloton / PTONOption Strategy: Calendar Put SpreadTrade post date: 22 Oct 2020Price at this post: $122.50 Reasoning: PTON is sitting at a critical spot here, at its 17 day moving average. This trade is based on the premise […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: SPDR GOLD ETF / GLDStrategy: Iron CondorTrade post date: 22 Oct 2020Price at this post: $178.748 Reasoning: Expecting GLD to trade within a range of 170 to 190, I’m going with a Delta neutral trade using an Iron […]
This post is restricted to paying members. Stock / Symbol: Netflix / NFLXStrategy: Bull Put SpreadTrade post date: 21 Oct 2020Price at time of post: $491 Update: We came close but didn’t get filled on our Bull Put Spread on NFLX yesterday. If another opportunity presents itself, we’ll attempt to enter the position again.