Trade Entry – MU Diagonal Put Spread

This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Micron TechnologyStrategy: Diagonal Put SpreadTrade post date: 31 Jan 2022Price at this post: $80.50 Reasoning: MU dropped as much as 20% from its highs just a few weeks ago. On the premise that MU has technical support in […]

Trade Adjustment – WISH Covered Call

This post is restricted to paying members. To follow are specific active trade details: Stock / Symbol: ContextLogic / WISHStrategy: Covered Call adj to Short Put + Bull Call SpreadTrade entry date / price: 2 Aug 2021 / $10.09Price at this post: $2.48 Update / Reasoning: With the long $2.5 put ITM at expiration, my […]

Trade Adjustment – AMD Iron Condor

This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Advanced Micro Devices / AMD Strategy: Iron CondorTrade entry date / price: 31 Dec 2021 / $145.85Price at this post: $114.14 Reasoning: With the short 127 strike put ITM, I’m adjusting this position by again rolling the put […]

Trade Entry – RIOT Broken Wing Butterfly Call Spread

This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: RIOT Blockchain / RIOTStrategy: Broken Wing Butterfly Call SpreadTrade post date: 11 Feb 2021Price at this post: $18.18 Reasoning: On the premise that cryptocurrencies are in oversold territory, I’m entering in to a Broken Wing Butterfly Call Spread […]

Trade Adjustment – AMD Iron Condor

This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Advanced Micro Devices / AMD Strategy: Iron CondorTrade entry date / price: 31 Dec 2021 / $145.85Price at this post: $127.70 Reasoning: With the short 129 strike put ITM, I’m adjusting this position by rolling the put spread […]

Trade Adjustment – DAL Bull Put Spread

This post is restricted to paying members. To follow are specific active trade details: Stock / Symbol: Delta Airlines / DALStrategy: Bull Put SpreadTrade entry date / price: 12 Oct 2021 / $43.50Price at this post: $38.80 Update / Reasoning: First, never did get filled on the 52.5/55 bear call spread. Next, the current position […]

Trade Adjustment – BABA Bull Put Spread

This post is restricted to paying members. To follow are specific active trade details: Stock / Symbol: Alibaba / BABAStrategy: Bull Put Spread / Iron ButterflyTrade entry date / price: 30 Nov 2021 / $130Price at this post: $129 Reasoning: With technical support at the 124 – 125 level, there’s a decent chance that BABA […]