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 […]
Stock / Symbol: GoPro / GPROStrategy: Calendar Call SpreadTrade entry date / price: 03 May 2021 / $11.08Price at this post: $11.58 Update / Reasoning: GPRO has recovered nicely from its lows about 2 weeks ago and is closing in on my adjusted upside target of $12. So, I’m entering in my exit order here, […]
Stock / Symbol: S&P 500 / SPXStrategy: Bull Put SpreadTrade entry date / price: 10 May 2021 / $4229.50Price at this post: $4070 Update / Reasoning: Didn’t get filled on the attempt to add a Bear Call Spread to the position on Monday. With today looking to be an ugly day, I’m entering in a […]
Stock / Symbol: International Business Machines / IBMStrategy: Vertical Call SpreadTrade entry date / price: 17 May 2021 / $145.17Price at this post: $143.96 Update / Reasoning: My stop hit at $144. I’m exiting the trade now to prevent further loss. Trade Exit Order:STC 1 IBM 21May21 140 callBTC 1 IBM 21May21 145 call For […]
Stock / Symbol: Gold Miners ETF / GDXStrategy: Diagonal Call SpreadTrade entry date / price: 14 Apr 2021 / $35.70Price at this post: $37.55 Update / Reasoning: With GDX nearing the strike of our short call, I’m entering in a GTC exit order that should fill either with GDX trading up to the $38.50 level, […]
Stock / Symbol: Nasdaq ETF / QQQStrategy: Calendar Put SpreadTrade entry date / price: 04 May 2021/ $330.79Price at this post: $333.65 Update / Reasoning: Not only did we just miss getting a fill yesterday for a win, but sure enough, the QQQ’s bounced back up, finding support near its 50 day average. So frustrating […]
Stock / Symbol: Nasdaq ETF / QQQStrategy: Calendar Put SpreadTrade entry date / price: 04 May 2021/ $330.79Price at this post: $327.07 Update / Reasoning: I’m thinking there’s a good chance that the QQQ’s will hold at the 50 day moving average (about $325). So, I’m entering in an exit order now, which should fill […]
Stock / Symbol: Dow ETF / DIAStrategy: Vertical Put SpreadTrade entry date / price: 29 Apr 2021 / $338.10Price at this post: $342.45 Reasoning: Upside stop at $342.44 was triggered today, exiting the trade now to avoid further loss on this position. Trade Exit Order:STC 1 DIA 14May21 345 putBTC 1 DIA 14May21 342 put […]
Stock / Symbol: Chewy / CHWYStrategy: Bull Put SpreadTrade entry date / price: 26 Apr 2021 / $80.51Price at this post: $77.47 Reasoning: Concerned about the overall market dropping, I’d like to take the risk of this trade off. I’m attempting to close the position today for a small gain. Trade Exit Order: BTC 1 […]
Stock / Symbol: Overstock / OSTKStrategy: Vertical Call SpreadTrade entry date: 06 Apr 2021 / $66.90Price at this post: $79.00 Update / Reasoning: Although this trade’s time horizon is 5 months, I’m entering an exit order here to attempt to exit the trade earlier, with about a 15% return. With OSTK at it’s current level, […]