Trade Exit – CRM Bear Put Spread

Stock / Symbol: Salesforce.com / CRMOption Strategy: Diagonal Call Spread + Protective Put SpreadTrade entry date / price: 31 May 2022 / $163.45Price at this post: $161 Update: With CRM’s significant drop today, the protective Bear Put Spread from the Diagonal Call trade is actually worth a little bit today. So, I’m going to sell […]

Trade Exit – GME Bear Put Spread

Stock / Symbol: GameStop / GMEStrategy: Vertical Put SpreadTrade entry date: 03 Jun 2022 / $132.50Price at this post: $119.25 Reasoning: GME is now down about 10% from where it was on this position’s entry. Given the significant of this move, I’m a bit disappointed that the position isn’t more profitable at this point (up […]

Trade Exit – NFLX Bull Put Spread

This post is restricted to paying members. To follow are specific active trade details: Stock / Symbol: Netflix / NFLXStrategy: Bull Put SpreadTrade entry date / price: 20 Apr 2022 / $222Price at this post: $204.50 Update: With NFLX trading up nearly 3% today, at the $204 level, I’m able to close out this trade […]

Trade Exit – CRM Diagonal Call Spread

Stock / Symbol: Salesforce.com / CRMOption Strategy: Diagonal Call Spread + Protective Put SpreadTrade post date: 31 May 2022 / $163.45Price at this post: $180.50 Reasoning: CRM reported good earnings yesterday afternoon and the market responded very favorably. With the position currently up about 50%, I’m just going to close the position out here for […]

Trade Exit – TGT Bull Put Spread

This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Target / TGTStrategy: Bull Put SpreadTrade entry date / price: 20 May 2022 / $155.40Price at post: $164.75 Update / Reasoning: With TGT bouncing a bit from where it was upon this trade’s entry, this position is already […]

Trade Exit Order – AMZN Bull Put Spread

This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Amazon / AMZNStrategy: Bull Put SpreadTrade entry date / price: 11 May 2022 / $2185Price at this post: $2212 Reasoning: With AMZN holding steady at the 2100 – 2200 range for a couple of weeks now, my target […]

Trade Exit Order – QQQ Diagonal Put Spread

This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Nasdaq ETF / QQQStrategy: Diagonal Put SpreadTrade entry date / price: 03 May 2022 / $319.45Price at this post: $307.75 Update / Reasoning: With QQQ down about 4% from where it was on entry into this position, my […]

Trade Exit – IBM Bear Call Spread

Stock / Symbol: International Business Machines / IBMStrategy: Bear Call SpreadTrade entry date / price: 26 Apr 2022 / $137.47Price at this post: $134 Update / Reasoning: With IBM trading down today, near my price target of $134, this position is now at my target return of 10%. I’m gong to enter in the exit […]

Trade Exit Order – TWTR Diagonal Put Spread

Stock / Symbol: Twitter / TWTRStrategy: Diagonal Put SpreadTrade entry date / price: 14 Apr 2022 / $47.50Price at this post: $45.47 Update / Reasoning: This position is currently up by around 40%. I’m going to enter in an exit order structured to fill with TWTR trading right around $45. If filled, this will lock […]