Trade Update – QQQ Iron Condor

Stock / Symbol: Nasdaq ETF / QQQStrategy: Iron CondorTrade entry date / price: 12 Jul 2021 / $361.00Price exit date / price: 16 Jul 2021 / $361.40 Update: Right at market open, our GTC exit order was filled at a debit of $0.56 per contract. The pricing of QQQ was beneficial as we got a […]

Trade Recap – MU Vertical Call Spread

Stock / Symbol: Micron TechnologyStrategy: Vertical Call SpreadTrade entry date / price: 02 Jul 2021 / $79.62Trade exit date / price: 14 Jul 2021 / $78.95 Recap: The GTC exit order filled 5 minutes into trading yesterday for a credit of $2.80. This yielded a 12% return from the Vertical Call Spread on MU. Thanks […]

Trade Exit Order – QQQ Iron Condor

This post is restricted to paying members. To follow are specific active trade details: Stock / Symbol: Nasdaq ETF / QQQStrategy: Iron CondorTrade entry date / price: 12 Jul 2021 / $361.00Price at this post: $359.30 Update / Reasoning: With today’s market action bringing QQQ back near the position’s sweet spot, I’m going to see […]

Trade Adjustment – SPY Iron Condor

This post is restricted to paying members. To follow are specific trade adjustment details: Stock / Symbol: S&P 500 ETF / SPYStrategy: Iron CondorTrade entry date / price: 28 Jun 2021 / $426.24Price at this post: $434.35 Update / Reasoning: With the options on the call portion of the trade expiring tomorrow, I’m rolling them […]

Trade Adjustment – BLDP Bull Put Spread

This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Ballard Power Systems / BLDPStrategy: Bull Put SpreadTrade entry date / price: 24 Jun 2021 / $17.70Price at this post: $15.62 Update / Reasoning: With the short put ITM, I’m rolling the spread out, down, and wider. Doing […]

Trade Entry – QQQ Iron Condor

This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Nasdaq ETF / QQQStrategy: Iron CondorTrade post date: 12 Jul 2021Price at this post: $361.00 Reasoning: I’m entering into an ATM Iron Condor on QQQ with the expectation that I will need to adjust the trade prior to […]

Trade Update – ATVI Vertical Call Spread

This post is restricted to paying members. To follow are specific active trade details: 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: $91.88 Update: The open trade entry order filled yesterday, at market open, […]

Trade Exit – GLD Diagonal Call Spread

Stock / Symbol: Gold ETF / GLDStrategy: Diagonal Call SpreadTrade post date: 24 Jun 2021 / $166.43Price at this post: $169.45 Reasoning: With GLD trading up to our short call strike, I’m going to close out the trade here for about a 6% return . As the long 162.5 strike put is essentially worthless, I’m […]