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: $649 Reasoning: Ahead of this afternoon’s scheduled earnings announcement by TSLA, I’m seeing a pennant technical pattern in the chart. The pennant formation tends […]
Stock / Symbol: Wayfair.com / WStrategy: Vertical Call SpreadTrade post date: 20 Jul 2021Cancellation date: 25 Jul 2021Price at initial post: $298.50Price at this post: $285.51 Update: Didn’t get filled on the entry order for a debit at $3.50 per contract. Per the plan, I’m cancelling the entry order. Cancel: BTO 1 W 20Aug21 240 […]
Stock / Symbol: Nasdaq ETF / QQQStrategy: Iron CondorTrade entry date / price: 19 Jul 2021 / $353.35Price at this post: $367.95 Update / Adjustment: Got filled on the roll to the 368/366 call spread for a net debit of $0.06. Unable to get a fill on the 358/356 put spread for at least 0.06, […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Nasdaq ETF / QQQStrategy: Iron CondorTrade entry date / price: 19 Jul 2021 / $353.35Price at this post: $365.45 Update / Reasoning: For the first few minutes of trading this morning, it was looking like the QQQ’s may […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Nasdaq ETF / QQQStrategy: Iron CondorTrade entry date / price: 19 Jul 2021 / $353.35Price at this post: $363.23 Update / Reasoning: With the call side of the position ITM, I’m rolling the calls up and wider (doubling […]
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: $20.18 Update / Reasoning: With CGC pulling back significantly from where it was at the entry of this […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Wayfair.com / WStrategy: Vertical Call SpreadTrade post date: 20 Jul 2021Price at this post: $298.50 Reasoning: Technically, W has found support at the 175 level. On the premise that W will reverse it’s trend, and start moving higher […]
Stock / Symbol: S&P 500 ETF / SPYStrategy: Iron CondorTrade entry date / price: 28 Jun 2021 / $426.24Price at this post: $422.20 Update: With the SPY currently trading nearly 14 points lower than our short 434 call, we will safely be able to let the position expire worthless today, yielding at least a 25% […]
This post is restricted to paying members. To follow are specific active trade details: Stock / Symbol: Nautilus / NLSStrategy: Diagonal Call SpreadTrade entry date: 20 May 2021 / $17.85Price at this post: $14.67 Update / Reasoning: The July expiration call we sold expired worthless last week. Selling another 17.5 strike call against the long […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Nasdaq ETF / QQQStrategy: Iron CondorTrade post date: 19 Jul 2021Price at this post: $353.35 Reasoning: I’m entering into another an ATM Iron Condor on QQQ with the expectation that I will need to adjust the trade prior […]