This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Facebook / FBStrategy: Bear Call SpreadTrade post date: 12 Apr 2021Price at this post: $310.05 Reasoning: Technically, FB has peaked near term and is indicating a pullback to at least its 17 day moving average (currently at $295). […]
Stock / Symbol: Apple / AAPLStrategy: Bull Put SpreadTrade entry date / price: 29 Mar 2021 / $121.28Price at this post: $127.70 Update: My exit order, for a net debit of $0.25 per contract, was filled today at 11:15am PST. This locks in a 13% gain in just over a week. Trade Exit Order: BTC […]
Correction: I was actually filled at a net credit of $0.21 on the posted adjustment.
This post is restricted to paying members. To follow are specific active trade details: Stock / Symbol: Workhorse Group / WKHSStrategy: Calendar Call SpreadTrade entry date / price: 17 Mar 2021 / $16.35Price at this post: $13.40 Update: I’m rolling the short $18 strike call to another $18 call expiring on Apr 30th. The current […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Overstock / OSTKStrategy: Vertical Call SpreadTrade post date: 06 Apr 2021Price at this post: $66.90 Reasoning: Technically, OSTK is demonstrating long term support at its 200 day moving average. On the premise that, despite recent pullbacks, OSTK will […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Nasdaq ETF / QQQStrategy: Iron CondorTrade post date: 05 Apr 2021Price at this post: $329.57 Reasoning: Technically, QQQ should trade within a range of 310 to 345 over the next 2 weeks. On that premise, we’re going to […]
This post is restricted to paying members. To follow are specific active trade details: Stock / Symbol: Workhorse Group / WKHSStrategy: Calendar Call SpreadTrade entry date / price: 17 Mar 2021 / $16.35Price at this post: $14.58 Update: Thanks to the call we sold, this position isn’t down that much, despite WKHS trading 10+% lower […]
Stock / Symbol: Nasdaq ETF / QQQStrategy: Bull Put SpreadTrade entry date / price: 30 Mar 2021 / $313.40Price at this post: $323.98 Update / Reasoning: The QQQ’s have move up nicely from our entry point, providing an opportunity to exit the position early with a better than 7% return in just a few days. […]
Update: I adjusted my sell order down to a credit of $4.75 per contract and just got filled.
Stock / Symbol: Lemonade / LMNDStrategy: Double CalendarTrade entry date / price: 25 Mar 2021 / $89.89Price at this post: $95.13 Update / Reasoning: I’m attempting to close out this trade today for a modest 11% gain. Trade Exit Details: STC 1 LMND 16Apr21 100 callBTC 1 LMND 1Apr21 100 callSTC 1 LMND 16Apr21 80 […]