Trade Exit Order – PTON Bull Put Spread

Stock / Symbol: Peloton / PTONStrategy: Bull Put SpreadTrade entry date / price: 10 Mar 2021 / $112.70Price at this post: $107.65 Update / Reasoning: With time working in our favor, our PTON Bull But spread is currently profitable. If the stock holds this current level by market open on Monday, there’s a decent chance […]

Trade Exit – NFLX Vertical Call Spread

Stock / Symbol: Netflix / NFLXStrategy: Vertical Call SpreadTrade entry date / price: 25 Feb 2021 / $547Price at this post: $527 Update / Reasoning: This trade saw NFLX piercing down thru its 50 moving average and testing support at the $500 level. Now, however, with NFLX recovering nicely over the past few days, we’re […]

Exit Order – REGN Bull Put Spread

Stock / Symbol: Regeneron Pharmaceuticals / REGN Strategy: Bull Put SpreadTrade entry date / price: 16 Feb 2021 / $485Price at this post: $474.87 Update: Despite REGN pulling back from its price at our entry point, this position is up nicely and close to my profit target. So, I’m entering in the GTC exit order […]

Trade Exit – AMC Diagonal Call Spread

Stock / Symbol: AMC Entertainment / AMCStrategy: Diagonal Call SpreadEntry date / price: 19 Feb 2021 / $5.65Price at this post: $8.97 Update / Reasoning: Although AMC is up nearly 60% from the trade entry point, the position structure is unable to capitalize on such a significant move. With the Delta going from 27 to […]

Trade Exit – DIA Bear Call Spread

This post is restricted to paying members. To follow are specific active trade details: Stock / Symbol: Dow Jones Industrial Average ETF / DIA Strategy: Bear Call SpreadTrade entry date / price: 01 Feb 2021 / $302.28Price at this post: $316.40 Update: Entering in the exit order for this position. As usual, I’m using a […]

Trade Exit – TLRY Diagonal Call Spread

This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Tilray / TLRYStrategy: Diagonal Call SpreadTrade entry date / price: 01 Feb 2021 / $19Price at this post: $25.77 Update / Reasoning: Just 2 days into the trade and TLRY is already up 35+% from where it was […]

Closing Trade – ROKU Vertical Put Spread

This post is restricted to paying members. To follow are specific, active trade details: Stock / Symbol: Roku / ROKUStrategy: Vertical Put SpreadTrade entry date / price: 19 Jan 2020 / $420.75Price at this post: $388 Update: With ROKU trading against us the first few days of this trade, today’s move down provides an opportunity […]