This post is restricted to paying members. To follow are specific active trade details: Stock / Symbol: ETSY.com / ETSYStrategy: Diagonal Call SpreadTrade post date: 14 Sep 2022 / $109.50Price at this post: $99 Update / Reasoning: Downside stop triggered. Closing trade for a loss. Trade Exit Order:STC 1 ETSY 18Nov22 110 calllBTC 1 ETSY […]
Stock / Symbol: Proshares Ultra Short Real Estate ETF / SRSStrategy: Diagonal Call SpreadTrade post date: 05 Aug 2022 / $15.00Price at this post: $15.90 Update / reasoning: Came close but didn’t get filled asking $2.35 per contract. With SRS recovering from another dip, I’m adjusting the exit order down to $2.20 per contract. The […]
This post is restricted to paying subscribers. Stock / Symbol: Bed Bath & BeyondOriginal Strategy: Put Calendar SpreadTrade post date: 17 Aug 2022 / $25Price at this post: $8.80 Reasoning / Update: Rather than continue to battle this trade, I think it’s just best to admit that my downside target of $12 on entry was […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Meta Platforms / METAStrategy: Bull Put SpreadTrade post date: 01 Sep 2022 / $162.95Price at this post: $170.80 Update / Reasoning: With META trading over $170, per my plan, I’m taking profits on this trade. The current net […]
Stock / Symbol: Proshares Ultra Short Real Estate ETF / SRSStrategy: Diagonal Call SpreadTrade post date: 05 Aug 2022 / $15.00Price at this post: $16.42 Update / reasoning: With SRS now trading in my target range, I’m going to enter in the exit order. I’m attempting to squeeze out a little more profit from the […]
Stock / Symbol: Bed Bath & BeyondStrategy: Put Calendar SpreadTrade post date: 17 Aug 2022 / $25Price at this post: $13.65 Reasoning / Update: With BBBY’s price recovery from its recent dip below $9, this position is currently at a decent profit (about 18%). With the net position Theta now at 24 (started out at […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: iShares Russell 2000 ETF / IWMOption Strategy: Bear Call SpreadTrade entry date: 10 Aug 2022 / $194.90Price at this post: $191.60 Reasoning: My exit plan for this trade was to exit within 2 to 3 weeks. At the […]
Stock / Symbol: S&P 500 ETF / SPYStrategy: Bear Call SpreadTrade entry date / price: 22 Jul 2022 / $397.60Price at this post: $416.30 Reasoning: Per my plan to stop out with the cost to buy back the spread at 2x the credit received, I’m stopping out. Trade Exit Order:BTC 1 SPY 16Sep22 420 callSTC […]
Stock / Symbol: Spdr Energy ETF / XLEOption Strategy: Bull Put SpreadTrade entry date / price: 06 Jul 2022 / $66.90Price at this post: $68.85 Update / Reasoning: The net position Greeks have changed as follows since entry: Delta from 9.6 to 8.5, -Gamma from -0.7 to -0.74, Theta from 0.7 to 0.8 and Vega […]
Stock / Symbol: iShares 20+ Year Treasury Bond ETF / TLTStrategy: Bull Put SpreadTrade entry date / price: 16 Jun 2022 / $108.30Price at this post: $112.80 Update / Reasoning: I exited this trade this morning for a 9.4% return in 4 trading days. Trade Exit Order:BTC 1 TLT 19Aug22 100 putSTC 1 TLT 19Aug22 […]