This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Meta Platforms / METAStrategy: Bull Put SpreadTrade post date: 27 Oct 2022Price at this post: $100 Reasoning: Following a disappointing earnings announcement META is getting absolutely crushed today. However, fundamentally, I think it’s worth at least $100. So, […]
This post is restricted to paying members. To follow are specific active trade details: Stock / Symbol: Gold Miners ETF / GDXStrategy: Diagonal Call SpreadTrade entry date / price: 14 Jul 2022 / $25.70Price at this post: $25.35 Update / Reasoning: Although GDX is still below its price at the onset of this trade, the […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: United Parcel ServiceStrategy: Bull Put SpreadTrade entry date / price: 28 Sep 2022 / $165.15Price at this post: $168.90 Update / Reasoning: My plan was to exit the trade within 3 weeks for about a 15% return on […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Delta Airlines / DALStrategy: Bear Call SpreadTrade post date: 19 Oct 2022Price at this post: $32.50 Reasoning: On the premise that the airline industry is closing in on a technical resistance level, I’m looking at a Bear Call […]
Stock / Symbol: Verizon / VZStrategy: Diagonal Call SpreadTrade entry date / price: 13 Oct 2022 / $36.26Price at this post: $37.05 Update / Reasoning: With the position already up about 12%, and with VZ set to report earnings this Friday, I’m just going to take profits here. The current net position Greeks on this […]
Stock / Symbol: Adobe / ADBEStrategy: Bull Put SpreadTrade entry date / price: 20 Sep 2022 / $289.69Price at this post: $301.70 Reasoning: After an initial dip following the onset of the trade, ADBE has traded up about 4%. This position is currently profitable and since it’s about a week beyond my 3 week time […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Verizon / VZStrategy: Diagonal Call SpreadTrade post date: 13 Oct 2022Price at this post: $36.26 Reasoning: Technically, VZ is very oversold. Fundamentally, VZ is currently trading at PE ratio of just 7.3. So, on a bet that, in […]
This post is restricted to paying members. To follow are specific active trade details: Stock / Symbol: Gold Miners ETF / GDXStrategy: Diagonal Call SpreadTrade entry date / price: 14 Jul 2022 / $25.70Price at this post: $25.05 Update / Reasoning: The short call expired worthless last week, enabling me to retain the full initial […]