This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Amazon / AMZNOption Strategy: bull put spreadTrade entry date / price: 24 Oct 2019 / $1779.66Price at time of post: $1751.20 Update: Baring an absolute collapse in the final hour of trading today, AMZN should finish the day […]
Stock / Symbol: ServiceNow / NOWOption Strategy: bull put spreadTrade entry date / price: 17 Oct 2019 / $253.62Trade exit date / price: 24 Oct 2019 / $238.65 Reasoning: closing trade to lock in profits Position Details: BTC 1 NOW 25Oct2019 230 putSTC 1 NOW 25Oct2019 225 put at a max net debit of $0.10 […]
This post is restricted to paying members. To follow is specific new trade details: Stock / Symbol: First Solar / FSLROption Strategy: diagonal call spreadTrade entry date / price: 08 Oct 2019 / $57.65Price at this post: $54.70 Reasoning: Concerned that FSLR has failed to find support at its 200 day moving average, so we’re […]
Stock / Symbol: Gold Miners 3x bear / DUSTOption Strategy: diagonal call spreadTrade entry date / price: Price at trade post: 29 Jul 2019 / $8.82Price at this post: $8.29 Update: with our long call expiring in 16 days, we’re going to take our lumps on this trade and sell it and exit the position. […]
Stock / Symbol: SPDR S&P500 ETF / SPYOption Strategy: iron condor Trade entry date / price: 27 Sep 2019 / $297.62Trade exit date: 11 Oct 2019 (at market close)Price at this post: $297.73 Update: With SPY trading comfortably above our short 286 puts, we’re going to be able to allow this position to expire worthless […]
Stock / Symbol: Trip Advisor / TRIPOption Strategy: put calendar spread / diagonal call spreadTrade entry date / price: 19 Sep 2019 / $40.85Price at this post: $39.67 Update / Adjustment: With TRIP trading closer to our target of $41, and 35 days till our long call expires, we’re going to take profits here. The […]
Stock / Symbol: ROKUOption Strategy: bull put spreadTrade entry date / price: 27 Sep 2019 / $102Trade exit date / price: 08 Oct 2019 / $108.26 Update: Although there are still 10 days until our short put expires, our position has realized over 85% of it’s profit potential. So, we’re going to close the position […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: MUOption Strategy: bull put spreadTrade entry date / price at trade post: 2 Oct 2019 / $42.15 Update: We actually got filled (at 9:22am PST) shortly after posting the trade entry for this MU position. With our position […]
Stock / Symbol: Small Cap 3x Bull / TNA Option Strategy: Calendar Call spreadTrade entry date / stock price: 06 Aug 2019 / $53.95 Trade exit date / stock price: 24 Sep 2019 / $57.94 Reasoning: TNA has moved down near our target price of $57 since our last adjustment, enabling us to exit this […]
Stock / Symbol: Direxion Financial Bull ETF / FASOption Strategy: Bear Call spreadTrade entry date / price: 13 Sep 2019 / $79.92Trade exit date / price: 20 Sep 2019 / $78.69 Reasoning: This trade is already at about 80% of it’s profit potential, so we’re going to take our profits now. Closing Trade Details: BTC […]