Trade Exit – SPCE Diagonal Call Spread

Stock / Symbol: Virgin Galactic / SPCEStrategy: Diagonal Call SpreadTrade entry date / price: 25 Aug 2022 / $6.32Price at this post: $4.16 Update / Reasoning: With the position up by about 25% and with SPCE set to announce earnings tomorrow, Tuesday, I’m booking the win here. At the moment, the net position Greeks are: […]

Trade Entry – CVNA Diagonal Put Spread

This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Carvana / CVNAStrategy: Diagonal Put SpreadTrade post date: 07 Jul 2023Price at this post: $40.80 Reasoning: On the premise that CVNA has peaked and will likely continue to trade lower, at least down to its 17 day average […]

Trade Exit – TTD Bear Call Spread

Stock / Symbol: The Trade Desk / TTDStrategy: Bear Call SpreadTrade entry date / price: 13 Jul 2023 / $88.90Price at this post: $82.45 Update / Reasoning: With TTD down about 7% from it’s level at position entry, my return goal of 10% has been met. I’m entering in my exit order now. Trade Exit […]

Trade Exit – COIN Bear Put Spread

This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Coinbase / COINStrategy: Bear Put SpreadTrade entry date / price: 17 Jul 2023 / $105.70Price at this post: $96.75 Reasoning: With COIN trading down, near the short put, I’m taking profits on this short term trade. Trade Exit […]

Trade Exit – TGT Bull Put Spread

Stock / Symbol: Target / TGTStrategy: Bull Put SpreadTrade entry date / price: 02 Jun 2023 / $131.30Price at post: $134.85 Reasoning: With TGT up just under 3% from where it was at entry, I’m looking to close out this position for about a 12 to 13% return. At the moment, the Greeks on this […]

Trade Entry – COIN Bear Put Spread

This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Coinbase / COINStrategy: Bear Put SpreadTrade post date: 17 Jul 2023Price at this post: $105.70 Reasoning: Technically, COIN appears to have hit resistance at the $110 level. On the premise that COIN will want to trade back down […]

Trade Entry – TTD Bear Call Spread

This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: The Trade Desk / TTDStrategy: Bear Call SpreadTrade post date: 13 Jul 2023Price at this post: $88.90 Reasoning: Over the past 4 days, TTD is up about 17%. On the premise that TTD will fade a bit here, […]