Trade Recap – TNA Calendar Call Spread

Stock / Symbol: Small Cap Bull 3x / TNAOption Strategy: Diagonal Call Spread, adjusted to a Calendar Call SpreadTrade entry date / price: 28 Feb 2020 / $47.60Trade exit date / price: 12 Oct 2020 / $39.78 Recap: This was likely our longest lasting trade to date. A little over 7 months ago, we started […]

Trade Recap – JNJ Calendar Call Spread

Stock / Symbol: Johnson & Johnson / JNJStrategy: Calendar Call SpreadTrade entry date / price: 01 Oct 2020 / $148.15Trade exit date / price: 09 Oct 2020 / $149.65 Recap: We got filled first thing this morning, giving us a nice 15 – 17% return over 8 calendar days. Position Details: Long 1 JNJ 18 […]

Trade Recap – WORK Diagonal Call Spread

Stock / Symbol: Slack Technologies / WORKStrategy: Diagonal Call SpreadTrade entry date / price: 14 Aug 2020 / $28.35Trade exit date / price: 06 Oct 2020 / $29.01 Recap: Our exit order filled today for a 15% return. Position Review: Long 1 WORK 18Jun21 28 call – in @ $6.65 debit, out @ $6.20 creditShort […]

Trade Recap – JNJ Long Put Butterfly

Stock / Symbol: Johnson & Johnson / JNJStrategy: Long Put ButterflyTrade entry date / price: 28Aug 2020 / $152.79Trade exit date / price: 04Sep2020 / $148.59 Recap: This trade was reminder of the adage that your price target will often hit, just not when you want it to. We hit our target of $152.50 the […]

Trade Recap – WBA Calendar Call Spread

Stock / Symbol: Walgreens Boots Alliance / WBAStrategy: Calendar Call SpreadTrade entry date / price: 31 Jul 2020 / $40.37Trade exit date / price: 11 Aug 2020 / $42.97 Update: Shortly after posting the trade exit details today for our WBA position, I was filled at the $5.00 credit price we set. Trade Details:Long 1 […]

Trade Recap- LEN Vertical Put Spread

Stock / Symbol: Lennar / LENOption Strategy: Vertical Put SpreadTrade entry date / price: 17 Jun 2020 / $64.40Price at this post: $58.50 Update: Our closing order filled this morning, giving us an 80% return in 12 calendar days. Position Details: Long 1 LEN 17Jul20 60 putShort 1 LEN 17Jul20 55 put Entered at a […]