This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Draft Kings / DKNGStrategy: Bull Put SpreadTrade entry date / price: 16 Oct 2020 / $44.34Price at this post: $41.50 Reasoning: I was wrong about DKNG finding support at $44. We’re going to exit the trade here for […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Netflix / NFLXStrategy: Bull Put SpreadTrade post date: 21 Oct 2020Price at this post: $491 Reasoning: NFLX is down big today following a disappointing earnings announcement. So, we’re going to take advantage of this and sell some NFLX […]
Stock / Symbol: Beyond Meat / BYNDStrategy: Broken Wing Butterfly Put SpreadTrade entry date / price: 14 Oct 2020 / $188.30Trade exit date / price: 20 Oct 2020 / $176.85 Recap: Our exit order was filled yesterday at 12:10 pm PST for a nice, quick 39% return. Position:Long 1 BYND 30Oct20 175 putShort 2 BYND […]
Stock / Symbol: Beyond Meat / BYNDStrategy: Broken Wing Butterfly Put SpreadTrade entry date / price : 14 Oct 2020 / $188.30Price at this post: $183.24 Update: BYND has pulled back about 3% from our entry point but we haven’t benefited yet. In hindsight, I should have structured the trade to benefit from a 5% […]
This post is restricted to paying members. Stock / Symbol: United Airlines / UALOption Strategy: Diagonal Call SpreadTrade entry date / price: 04 Jun 2020 / $38.55Price at this post: $35.30 Update / Adjustment: The last 42 strike call we sold expired worthless last Friday, enabling us to retain the full premium we collected on […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Draft Kings / DKNGStrategy: Bull Put SpreadTrade post date: 16 Oct 2020Price at this post: $44.34 Reasoning: Technically, DKNG should find support here at its 50 day average (currently at $44.80). On the premise that DKNG will hold […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: DOW JONES ETF / DIAStrategy: Iron CondorTrade entry date / price: 01 Oct 2020 / $279.25Price at this post: $285.22 Update: So far, DIA has stayed within our trade’s profitability range of 264 – 292. At this point, […]
This post is restricted to paying members. To follow are specific trade adjustment details: Correction: The order should have been to BTC the 16Oct20 40 call. Trade Adjustment Details: BTC 1 WBA 16Oct20 40 callSTO 1 WBA 30Oct20 38.5 call For a min net credit of $0.40 per contract (day order, limit order).
This post is restricted to paying members. To follow are specific trade adjustment details: Stock / Symbol: Walgreens / WBAStrategy: Diagonal Call SpreadTrade entry date / price: 17 Sep 2020 / $37.18Price at this post: $36.88 Update / Adjustment: Walgreens is up nicely today following their earnings announcement. We’re going to roll the short leg […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Beyond Meat / BYNDStrategy: Broken Wing Butterfly Put SpreadTrade post date: 14 Oct 2020Price at this post: $188.30 Reasoning: BYND is technically overbought and likely to pullback to at least its 17 day moving average (approx 172). On […]