This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: S&P 500 / SPXOption Strategy: Bear Call spreadTrade entry date / price: 25 Oct 2019 / $3008 Reasoning: The S&P 500 and other major indices are reaching significant resistance levels here. We’re putting on a Bear Call Spread […]
Stock / Symbol: ServiceNow / NOWOption Strategy: bull put spreadTrade entry date / price: 17 Oct 2019 / $253.62Trade exit date / price: 24 Oct 2019 / $238.65 Reasoning: closing trade to lock in profits Position Details: BTC 1 NOW 25Oct2019 230 putSTC 1 NOW 25Oct2019 225 put at a max net debit of $0.10 […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Amazon / AMZNOption Strategy: bull put spreadPrice at time of post: $1782 Reasoning: With volatility high heading into AMZN’s earnings release this afternoon, we’re going to capitalize on the volatility with a bull put spread. Upon entry, this […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: iRobot Corp / IRBTOption Strategy: Calendar Call spreadTrade entry date / price: 22 Oct 2019 / $55.00 Reasoning: With IRBT trading at the low end of its 52 week trading range, we’re going take a low risk / […]
Stock / Symbol: Netflix / NFLXOption Strategy: bull put spreadTrade entry date / price: 16 Oct 2019 / $284Trade exit date: 18 Oct 2019Price at this post: $277.10 Update: NFLX is currently trading at $277.10 with the short $245 strike put we sold expiring today. At this level, we’ll be able to comfortably allow our […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: ServiceNow / NOWOption Strategy: bull put spreadTrade entry date / price: 17 Oct 2019 / $253.62 Update: Our entry order was filled yesterday at 10:24am PST. Position Details: Short 1 NOW 25Oct2019 230 putLong 1 NOW 25Oct2019 225 […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: ServiceNow / NOWOption Strategy: bull put spreadPrice at time of post: $254.74 Reasoning: With volatility high heading into NOW’s earnings release scheduled for next week (Oct 23), we’re going to capitalize on the volatility with a bull put […]
This post is restricted to paying members. To follow is specific new trade details: Stock / Symbol: First Solar / FSLROption Strategy: diagonal call spreadTrade entry date / price: 08 Oct 2019 / $57.65Price at this post: $54.70 Reasoning: Concerned that FSLR has failed to find support at its 200 day moving average, so we’re […]
Stock / Symbol: Gold Miners 3x bear / DUSTOption Strategy: diagonal call spreadTrade entry date / price: Price at trade post: 29 Jul 2019 / $8.82Price at this post: $8.29 Update: with our long call expiring in 16 days, we’re going to take our lumps on this trade and sell it and exit the position. […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Netflix / NFLXOption Strategy: bull put spreadTrade entry date / price: 16 Oct 2019 / $284 Reasoning: With volatility high heading into this afternoon’s earnings release, we’re going to capitalize on the volatility using a credit spread. Upon […]