Stock / Symbol: Draft Kings / DKNGStrategy: Put Calendar to Double CalendarTrade post date: 17 Aug 2023 / $26.92Price at this post: $30.34 Update / Reasoning: Upside stop @ $30 triggered today. I’m exiting the position for a loss here. The current net position Greeks are: -17.7 Delta; -11.5 Gamma, 0.9 Theta, 7.4 Vega. Trade […]
This post is restricted to paying members. To follow are specific active trade details: Stock / Symbol: Draft Kings / DKNGStrategy: Put Calendar to Double CalendarTrade post date: 17 Aug 2023 / $26.92Price at this post: $28.40 Update / Reasoning: The $25 strike put I sold against the long put expired worthless last week. Now, […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Canadian Solar / CSIQStrategy: Bull Put SpreadTrade post date: 22 Aug 2023Price at post: $27.00 Reasoning: CSIQ is down about 12% today due to its lowered revenue outlook. On the premise that CSIQ will find support near its […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Draft Kings / DKNGStrategy: Calendar Call SpreadTrade post date: 17 Aug 2023Price at this post: $26.92 Reasoning: DKNG just broke below its 50 day moving average. On the premise that DKNG will continue to trade lower, to at […]
Stock / Symbol: Carvana / CVNAStrategy: Diagonal Put SpreadTrade post date: 11 Aug 2023 / $41.30Price at this post: $38.15 Update / Reasoning: With CVNA trading down to my target range of $36 to $37 today, I’m entering in the exit order here. If filled, I’ll realize about a 5% return on risk. The current […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Carvana / CVNAStrategy: Diagonal Put SpreadTrade post date: 11 Aug 2023Price at this post: $41.30 Reasoning: Ok, I’m going after CVNA again. From a technical standpoint, I believe that CVNA has a real chance of trading down to […]
This post is restricted to paying members. To follow are specific active trade details: Stock / Symbol: DISH Network / DISHOption Strategy: Diagonal Call SpreadTrade entry date / price: 08 Jun 2023 / $7.40Price at this post: $8.15 Update / Reasoning: I’ve not been filled on my exit order for a net credit of $4.60 […]
Stock / Symbol: DISH Network / DISHOption Strategy: Diagonal Call SpreadTrade entry date / price: 08 Jun 2023 / $7.40Price at this post: $8.26 Update / Reasoning: DISH had positive market reaction to its earnings announcement yesterday morning, helping to propel this position to positive territory. I’m going to enter in my exit order here […]
Stock / Symbol: S&P 500 ETF / SPYStrategy: StrangleTrade entry date / price: 29 Jun 2023 / $437.25Price at this post: $448.55 Update / Reasoning: The Jul 21st $410 put I sold expired worthless. This leaves me with a the long $405 put, with an effective cost of $0.07 per contract. With SPY down from […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Carvana / CVNAStrategy: Diagonal Put SpreadTrade entry date / price: 19 Jan 2023 / $40.80Price at this post: $48.10 Update / Reasoning: Upside stop of $28 hit. Closing out trade here for a loss. Trade Exit Order: STC […]