Trade Exit – WFC Diagonal Call Spread

Stock / Symbol: Wells Fargo / WFCStrategy: Diagonal Call SpreadTrade post date: 04 Sep 2020 / $24.68Price at this post: $28.45 Update / Reasoning: With WFC trading above this position’s short leg strike, and our position’s Delta now negative, we’re going to close the trade here for net gain of around 17%. The current Greeks […]

Trade Recap – TAN Calendar Call Spread

Stock / Symbol: Solar ETF / TANStrategy: Calendar Call SpreadTrade entry date / price: 12 Nov 2020 / $75.09Trade exit date / price: 23 Nov 2020 / $79.38 Update: Our exit order was filled today at 8:22am PST. Position Details:Long 1 TAN 16Apr21 80 callShort 1 TAN 27Nov20 80 call Entered the position for a […]

Trade Entry – RUT Bear Call Spread

This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Russell 2000 / RUTStrategy: Bear Call SpreadTrade post date: 23 Nov 2020Price at this post: $1804 Reasoning: With RUT reaching an all time high of 1805.20 last Thursday, it’s due for pullback. On this premise, we’re entering into […]

Trade Exit – TAN Calendar Call Spread

This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Solar ETF / TANStrategy: Calendar Call SpreadTrade post date: 12 Nov 2020 / $75.09Price at this post: $80.15 Update / Reasoning: With TAN at the strike price of our calls, we’re entering the exit order to capture an […]

Trade Exit Order – FEYE Strangle

Stock / Symbol: FireEye / FEYEStrategy: StrangleTrade entry date / price: 20 Nov 2020 / $15.88Price at this post: $15.08 Update / Reasoning: In hindsight, I should have gone with the 15.5 strike put instead of the 15. Since it looks like we’re not going to get the expected price movement out of FEYE today, […]

test post

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic […]

Trade Entry – FEYE Strangle

This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: FireEye / FEYEStrategy: StrangleTrade post date: 20 Nov 2020Price at this post: $15.75 Reasoning: This is not a typical Positive Theta trade. While this is a low risk trade, it is highly speculative and does not involve a […]

Trade Recap – MJ Diagonal Call Spread

Stock / Symbol: Alternative Harvest / MJOption Strategy: Diagonal Call SpreadTrade entry date / price: 04 Jun 2020 / $14.00Trade exit date / price: 19 Nov 2020 / $13.37 Recap: Our exit order was filled today at 11:37am PST. Position Review: Long 2 MJ 15Jan21 12 callsShort 2 MJ 20Nov20 14 calls Accounting for the […]

Trade Exit – MJ Diagonal Call Spread

Stock / Symbol: Alternative Harvest / MJOption Strategy: Diagonal Call SpreadTrade entry date / price: 04 Jun 2020 / $14.00Price at this post: $13.42 Reasoning: With less than 60 days till the expiration of our options on the long leg of the trade, we’re going to exit here for a modest gain. Note that although […]