This post is restricted to paying members. To follow are specific trade details: Stock / Symbol: Shake Shack / SHAKOption Strategy: Double CalendarTrade entry date: 04 Nov 2019Price at this post: $84.35 Reasoning: This is one of those occasional low probability but low risk, high reward trades we do. With SHAK announcing earnings this afternoon, […]
This post is restricted to paying members. To follow is specific new trade details: Stock / Symbol: UBER Technologies / UBEROption Strategy: iron condor Trade entry date: 04 Nov 2019Price at this post: $30.59 Reasoning: With UBER reporting earnings this afternoon, we’re putting on an iron condor on UBER under the premise that it won’t […]
Stock / Symbol: iRobot Corp / IRBTOption Strategy: Calendar Call spreadTrade entry date / price: 22 Oct 2019 / $55.00Trade exit date / price: 1 Nov 2019 / $48.15 Recap: This IRBT trade was one of those occasional low probability but low risk, high reward trades we put on. At a 1 to 10 risk […]
Stock / Symbol: Microsoft / MSFTOption Strategy: Bear Call spreadTrade entry date / price: 28 Oct 2019 / $144.03Price at this post: $143.22 Update / Reasoning: With MSFT almost $3 away from our short call’s strike price, we should be able to allow the position to expire worthless today to realize the full profit potential […]
Stock / Symbol: Target / TGTOption Strategy: StrangleTrade entry date / price: 28 Oct 2019 / $109.75Price at this post: $106.30 Reasoning: Although it’s likely our short 105 put will expire worthless tomorrow as planned, we’re adding a long 104 put as a hedge against a move below the $105 level tomorrow. Trade Details: BTO […]
Stock / Symbol: Target / TGTOption Strategy: StrangleTrade entry date / price: 28 Oct 2019 / $109.75Price at this post: $108.47 Reasoning: With today’s 1.22 point move down, we’re able to sell a 105 strike put expiring this week. Since we’re adding to the position, we’re going to cancel our open sell order for now. […]
Stock / Symbol: Target / TGTOption Strategy: StrangleTrade entry date / price: 28 Oct 2019 / $109.75Price at this post: $109.90 Reasoning: An uptick in volatility has already helped our position, currently up nearly 6%. Going to enter our closing order now, to hopefully capture a quick gain tomorrow. Trade Details: STC 1 TGT 22Nov19 […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Microsoft / MSFTOption Strategy: Bear Call spreadPrice at this post: $143.79 Reasoning: Expecting the exuberance for MSFT winning the JEDI contract from the pentagon to wane, we’re putting a Bear Call Spread on MSFT. The current Greeks for […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Target / TGTOption Strategy: StrangleTrade entry date / price: 28 Oct 2019 / $109.75 Reasoning: Expecting volatility to rise as TGT’s earnings date of Nov 20 approaches. To capitalize on this premise, we’re putting a Strangle on TGT […]
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 […]