Stock / Symbol: Gold ETF / GLDStrategy: Diagonal Call SpreadTrade post date: 24 Jun 2021 / $166.43Price at this post: $169.45 Reasoning: With GLD trading up to our short call strike, I’m going to close out the trade here for about a 6% return . As the long 162.5 strike put is essentially worthless, I’m […]
This post is restricted to paying members. To follow are specific active trade details: Stock / Symbol: Micron TechnologyStrategy: Vertical Call SpreadTrade entry date / price: 02 Jul 2021 / $79.62Price at this post: $80.60 Update / Reasoning: Entering in the GTC exit order now, structured to capture a 12% return from the trade. The […]
Stock / Symbol: QuantumScape / QSStrategy: Vertical Call SpreadTrade entry date / price: 10 Jun 2021 / $29.79Price at this post: $29.56 Update / Reasoning: With QS holding above $25 and with the position closing in on its expiration date, we should be able to close the position soon for about a 16% return. Note […]
Stock / Symbol: Russell 2000 ETF / IWMStrategy: Calendar / Diagonal Put SpreadTrade entry date / price: 13 May 2021 / $217Price at this post: $222.13 Update/Reasoning: I was filled on the short call roll, for a credit of $0.34, on Friday at 7:16am PST. Now, to improve the odds of capitalizing from a further […]
Stock / Symbol: Gamestop / GMEStrategy: Calendar Put Spread / Diagonal Put SpreadTrade entry date / price: 14 May 2021 / $158.75Price at this post: $230 Update / Reasoning: With less than 30 days to the expiration of the position’s long put, and no indication of an impending pullback in GME, I’m closing this position […]
Stock / Symbol: VMWare / VMWStrategy: Calendar Call SpreadTrade entry date / price: 14 Jun 2021 / $163.67Price at this post: $159.45 Update / Reasoning: Downside stop of $159.50 triggered, exiting the trade. Trade Exit Order:STC 1 VMW 17Sep21 165 callBTC 1 VMW 2Jul21 165 call For a min net credit of $4.00 per contract […]
Stock / Symbol: Advanced Micro Devices / AMD Strategy: Diagonal Call SpreadTrade entry date / price: 1 Jun 2021 / $81.01Price at this post: $80.20 Update / Reasoning: With AMD now trading lower than it was upon this position’s entry, I’m just going to close it out here to realize the trade’s gain. Current Greeks […]
This post is restricted to paying members. To follow are specific active trade details: Stock / Symbol: Gold ETF / GLDStrategy: Diagonal Put SpreadTrade entry date / price: 25 May 2021 / $176.15Price at this post: $175.27 Update / Reasoning: After over a week in this trade, we finally saw GLD have a significant down […]
This post is restricted to paying members. To follow are specific active trade details: Stock / Symbol: Workhorse Group / WKHSStrategy: Calendar Call SpreadTrade entry date / price: 17 Mar 2021 / $16.35Price at this post: $16.35 Update / Reasoning: Taking advantage of the huge pop up with WKHS stock this week and exiting the […]
Stock / Symbol: Mosaic / MOSStrategy: Bull Put SpreadTrade post date: 24 May 2021 / $35.46Price at this post: $36.23 Update / Reasoning: Less than a week into this trade, this position is already up over 25%. If this position is held thru the long weekend and if MOS opens up a today’s level or […]