Trade Update – BABA Diagonal Call Spread

This post is restricted to paying members. To follow are specific active trade details: Stock / Symbol: Alibaba / BABAStrategy: Bull Put Spread / Iron Butterfly / Diagonal Call SpreadTrade entry date / price: 30 Nov 2021 / $130Price at this post: $115 Update: BABA is up about 10% today on hopes that Chinese regulators […]

Trade Exit – NFLX Bull Put Spread

This post is restricted to paying members. To follow are specific active trade details: Stock / Symbol: Netflix / NFLXStrategy: Bull Put SpreadTrade entry date / price: 20 Apr 2022 / $222Price at this post: $204.50 Update: With NFLX trading up nearly 3% today, at the $204 level, I’m able to close out this trade […]

Trade Entry – GME Vertical Put Spread

This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: GameStop / GMEStrategy: Vertical Put SpreadTrade post date: 03 Jun 2022Price at this post: $132.50 Reasoning: I’ve been bearish on GME since the beginning of 2021 but have never managed to profit on a bearish GME trade. Once […]

Trade Exit – CRM Diagonal Call Spread

Stock / Symbol: Salesforce.com / CRMOption Strategy: Diagonal Call Spread + Protective Put SpreadTrade post date: 31 May 2022 / $163.45Price at this post: $180.50 Reasoning: CRM reported good earnings yesterday afternoon and the market responded very favorably. With the position currently up about 50%, I’m just going to close the position out here for […]