Trade Entry – VUZI Diagonal Put Spread

This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Vuzix / VUZIStrategy: Diagonal Put SpreadTrade post date: 1 Aug 2021Price at this post: $14.80 Reasoning: I’m bullish on VUZI, a manufacturer of ‘smart glasses’ which are wearable display and computing devices. However, with an earnings announcement scheduled […]

Trade Recap – QQQ Iron Condor

Stock / Symbol: Nasdaq ETF / QQQStrategy: Iron CondorTrade entry date / price: 19 Jul 2021 / $353.35Trade exit date / price: 30 Jul 2021 / $364.57 Recap: The remaining 368/370 call spread expired worthless on Friday, thus closing out this trade. Opening Position:Short 1 QQQ 23Jul21 354 callLong 1 QQQ 23Jul21 355 callShort 1 […]

Trade Exit – QQQ Iron Condor

Stock / Symbol: Nasdaq ETF / QQQStrategy: Iron CondorTrade entry date / price: 19 Jul 2021 / $353.35Price at this post: $365 Update / Reasoning: On the last adjustment, I didn’t get the breakeven fill I was going for. After the last adjustment, the position was down by $0.21 per contract. I’m just looking to […]

Trade Exit – AAL Bull Put Spread

Stock / Symbol: American Airlines / AALStrategy: Bull Put SpreadTrade post date: 02 Jul 2021 / $21.42Price at this post: $21.38 Update / Reasoning: With AAL trading over the $20 strike of short put and with this position’s options expiring this Friday, this position has reached nearly 77% of its profit potential. I’m going to […]