This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: YETI Holdings / YETIStrategy: Bear Call SpreadTrade post date: 14 Nov 2022Price at this post: $43.76 Reasoning: On the premise that YETI is closing in on a technical resistance level, I’m looking at a Bear Call spread on […]
Stock / Symbol: Gold Miners ETF / GDXStrategy: Diagonal Call SpreadTrade entry date / price: 14 Jul 2022 / $25.70Price at this post: $28.10 Update / Reasoning: With GDX now up above $28, and thanks to the numerous calls sold against the position, this trade is now up by about 29% . The position’s Delta […]
Stock / Symbol: Meta Platforms / METAStrategy: Bull Put SpreadTrade entry date / price: 27 Oct 2022 / $100Price at this post: $114.20 Update / Reasoning: With my goals for this trade now met (A – within 3 weeks; B – META trading between $110 and $115), I’m closing out this position to lock in […]
Stock / Symbol: Delta Airlines / DALStrategy: Bear Call SpreadTrade post date: 19 Oct 2022 / $32.50Price at this post: $32.75 Update: My standing order to exit the position for a debit of $0.40 was filled yesterday, with DAL trading down around $31.50. Trade Exit Order:BTC 1 DAL 16Dec22 36 callSTC 1 DAL 16Dec22 41 […]