This post is restricted to paying members. Stock / Symbol: Alternative Harvest / MJOption Strategy: Diagonal Call SpreadTrade entry date / price: 04 Jun 2020 / $14.00Price at this post: $11.96 Adjustment: Adding to the short leg of the position now. Note that we’re using a GTC order as it may take a few days […]
Stock / Symbol: Small Cap Bull 3x / TNAOption Strategy: Diagonal Call Spread, adjusted to a Calendar Call SpreadTrade entry date / price: 28 Feb 2020 / $47.60Trade exit date / price: 12 Oct 2020 / $39.78 Recap: This was likely our longest lasting trade to date. A little over 7 months ago, we started […]
Stock / Symbol: Small Cap Bull 3x / TNAOption Strategy: Calendar Call SpreadTrade entry date / price: 28 Feb 2020 / $47.60Price at this post: $39.10 Update / Reasoning: With TNA close to our price target of $40, we’re going to enter in our exit order. Trade Exit Order: STC 1 TNA 15Jan21 40 callBTC […]
Stock / Symbol: Zoom / ZMStrategy: Bull Put SpreadTrade entry date / price: 05 Oct 2020 / $481Price at this post: $498 Update: Zoom just needs to finish today over $450 for us to realize this trade’s full profit potential. At ZM’s current price, this is pretty much assured. Just in case, however, we’re going […]
Stock / Symbol: Johnson & Johnson / JNJStrategy: Calendar Call SpreadTrade entry date / price: 01 Oct 2020 / $148.15Trade exit date / price: 09 Oct 2020 / $149.65 Recap: We got filled first thing this morning, giving us a nice 15 – 17% return over 8 calendar days. Position Details: Long 1 JNJ 18 […]
This post is restricted to paying members. Stock / Symbol: Alternative Harvest / MJOption Strategy: Diagonal Call SpreadTrade entry date / price: 04 Jun 2020 / $14.00Price at this post: $11.33 Adjustment: We’re adding to the long leg of this trade to lower the breakeven point. If you’re not currently in this trade, this is […]
Stock / Symbol: Johnson & Johnson / JNJStrategy: Calendar Call SpreadTrade entry date / price: 01 Oct 2020 / $148.15Price at this post: $148.92 Reasoning: With JNJ closing in on our price target of $150, we’re going to set our exit order. As usual, we’re using a GTC order to close the trade, as it […]
Stock / Symbol: Slack Technologies / WORKStrategy: Diagonal Call SpreadTrade entry date / price: 14 Aug 2020 / $28.35Trade exit date / price: 06 Oct 2020 / $29.01 Recap: Our exit order filled today for a 15% return. Position Review: Long 1 WORK 18Jun21 28 call – in @ $6.65 debit, out @ $6.20 creditShort […]
This post is restricted to paying members. To follow are specific trade adjustment details: Stock / Symbol: Wells Fargo / WFCStrategy: Diagonal Call SpreadTrade post date: 04 Sep 2020 / $24.68Price at this post: 24.78 Update / Reasoning: The call we sold on the short leg of this position can now be bought back for […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Zoom / ZMStrategy: Bull Put SpreadTrade post date: 05 Oct 2020Price at this post: $480.71 Correction: This should be a day order, not a GTC order Entry Order Correction: STO 1 ZM 09Oct20 450 putBTO 1 ZM 09Oct20 […]