This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Activision / ATVIStrategy: Vertical Call SpreadTrade entry date / price: 08 Jul 2021 / $92.40Price at this post: $84.27 Update / Reasoning: Well, this trade was on track to profitability and then ATVI had a major news event […]
Stock / Symbol: Nasdaq ETF / QQQStrategy: Iron CondorTrade entry date / price: 19 Jul 2021 / $353.35Price at this post: $367.30 Update / Reasoning: Near the end of trading yesterday, I executed the roll of the call spread for a net credit of $0.28 per contract, out to a 368/370 that expires tomorrow. If […]
Stock / Symbol: Nasdaq ETF / QQQStrategy: Iron CondorTrade entry date / price: 19 Jul 2021 / $353.35Price at this post: $366.25 Update / Reasoning: If with 5 to 10 minutes before market close, QQQ is still trading at 366.15 or higher, I will cancel the closing order on the 366/368c & 364/362p iron condor. […]
Stock / Symbol: Nasdaq ETF / QQQStrategy: Iron CondorTrade entry date / price: 19 Jul 2021 / $353.35Price at this post: $365 Update / Reasoning: On the last adjustment, I didn’t get the breakeven fill I was going for. After the last adjustment, the position was down by $0.21 per contract. I’m just looking to […]
This post is restricted to paying members. To follow are open trade adjustment details: Stock / Symbol: Canopy Growth Corp / CGCStrategy: Diagonal Call SpreadTrade entry date / price: 18 Apr 2021 / $27.80Price at this post: $19.60 Update / Reasoning: CGC is not yet anywhere near my target of $22 for selling calls against […]
Stock / Symbol: American Airlines / AALStrategy: Bull Put SpreadTrade post date: 02 Jul 2021 / $21.42Price at this post: $21.38 Update / Reasoning: With AAL trading over the $20 strike of short put and with this position’s options expiring this Friday, this position has reached nearly 77% of its profit potential. I’m going to […]
Stock / Symbol: Tesla / TSLAStrategy: Reverse Iron CondorTrade post date: 26 Jul 2021 / $651.50Price at this post: $641.50 Update: Despite a great earnings report and the pennant technical formation, TSLA hasn’t moved enough in either direction yet for this to be a profitable trade (in its current configuration). This position can be adjusted […]
This post is restricted to paying members. To follow are specific active trade details: Stock / Symbol: Nasdaq ETF / QQQStrategy: Iron CondorTrade entry date / price: 19 Jul 2021 / $353.35Price at this post: $367.95 Update / Reasoning: With the short call ITM, I’m rolling the 366/368 call spread out to Wednesday. Then, I’ll […]
Stock / Symbol: Activision / ATVIStrategy: Vertical Call SpreadPost date / price: 28 Jun 2021 / $94.77Trade entry date / price: 08 Jul 2021 / $92.40Price at this post: $91.05 Update: I’m lowering the exit order limit down to $3.80 from $3.85 Trade Exit Order Adjustment:STC 1 ATVI 30Jul21 85 callBTC 1 ATVI 30Jul21 89 […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Tesla / TSLAStrategy: Reverse Iron CondorTrade post date: 26 Jul 2021Price at this post: $652 Update: I wasn’t getting filled at the $1.50 debit, so I upped it to $1.60 and got filled. I’m raising the max net […]