Trade Exit – CLF Vertical Put Spread

This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Cleveland Cliffs / CLFStrategy: Vertical Put SpreadTrade entry date / price: 12 Dec 2022 / $15.33Price at this post: $15.10 Update / Reasoning: With my plan for this to be a quick trade (no more than a week), […]

Trade Entry – CLF Vertical Put Spread

This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Cleveland Cliffs / CLFStrategy: Vertical Put SpreadTrade post date: 12 Dec 2022Price at this post: $15.33 Reasoning: Technically, CLF appears to have hit resistance at the $16.50 level and is in the process of traveling back down to […]

Trade Entry – NEM Diagonal Call Spread

This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Newmont / NEMStrategy: Diagonal Call SpreadTrade post date: 08 Dec 2022Price at this post: $47.22 Reasoning: Technically, NEM has demonstrated support at the $40 level. Fundamentally, I think that $50 is a fair value for the stock.. So, […]

Trade Exit – SAP Bear Call Spread

This post is restricted to paying members. To follow are specific active trade details: Stock / Symbol: SAP SE ADR / SAPStrategy: Bear Call SpreadTrade entry date / price: 14 Nov 2022 / $110Price at this post: $107.25 Update: With my time stop of 3 weeks to exit triggering this week, I’m going to raise […]

Trade Exit – HON Diagonal Put Spread

Stock / Symbol: Honeywell International / HONStrategy: Diagonal Put SpreadTrade exit date / price: 29 Nov 2022 / $217.00Price at this post: $213.45 Update: With HON looking fairly strong on a down day for the market, I’m exiting the trade now for a lower profit than I wanted. But hey, it’s still a win. Adjusted […]

Trade Exit – TTWO Bull Put Spread

This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Take Two Interactive / TTWOStrategy: Bull Put SpreadTrade entry date / price: 22 Nov 2022 / $98.45Price at this post: $106.68 Update: About 10 days into this trade, the position is currently up about 10%. With my plan […]