Stock / Symbol: Russell 2000 Index / RUTOption Strategy: Bear Call spreadTrade entry date / price: 25 Oct 2019 / $1562Price at this post: $1593.80 Update / Reasoning: It’s looking like our short 1605 strike calls will expire worthless tomorrow. I accidentally used the AM expiring options, which stop trading 15 minutes after market close […]
Stock / Symbol: Walmart / WMTOption Strategy: Iron Condor Trade entry date / price: 13 Nov 2019 / $120.32Price at this post: $122.92 Reasoning: While WMT is up following their earnings announcement, it’s trading within our profit range for the Iron Condor we put on for it. The current Greeks are: -11.2 Delta, 8.75 Theta […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Walmart / WMTOption Strategy: Iron Condor Trade entry date: 13 Nov 2019Price at this post: $120.28 Update: Lowering our order entry price to increase chances of getting filled. Trade Details: STO 1 WMT 15Nov2019 125 callBTO 1 WMT […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Walmart / WMTOption Strategy: Iron Condor Trade entry date: 13 Nov 2019Price at this post: $119.90 Reasoning: The street is expecting a move of +/- 4.625 points following WMT’s earning’s announcement tomorrow morning. We’re putting an Iron Condor […]
Stock / Symbol: Target / TGTOption Strategy: StrangleTrade entry date / price: 28 Oct 2019 / $109.75Price at this post: $108.12 Update: TGT is pulling back so we’re going to enter an exit order to close out the trade for a small gain before the negative theta becomes to much to over come as we […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Russell 2000 ETF / IWMOption Strategy: Iron Condor Trade entry date / price : 12 Nov 2019 / $159.08 Update: Just got filled at credit of $0.34 per contract. Position Details: Short 1 IWM 22Nov2019 162.5 callLong 1 […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Russell 2000 ETF / IWMOption Strategy: Iron Condor Trade entry date: 12 Nov 2019Price at this post: $159.04 Reasoning: Putting an Iron Condor on IWM using the Nov 22nd expiring options to benefit from IWM trading in a […]
Stock / Symbol: S&P 500 / SPXOption Strategy: Bear Call spreadTrade entry date / price: 25 Oct 2019 / $3008Price at this adjustment: $3086 Reasoning: With our position ITM, we’re going to roll up and out to next Friday. Be sure you use the Weekly options expiring on the 15th at the close of market, […]
Stock / Symbol: Dish Network / DISHOption Strategy: Double Diagonal SpreadTrade entry date / price: 06 Nov 2019 / $33.30Trade exit date / price: 08 Nov 2019 / $35.05 Update: lowering our exit order price in order to get filled today. Closing Trade Details: STC 1 DISH 15Nov19 34 callBTC 1 DISH 08Nov19 36 call […]
Stock / Symbol: Target / TGTOption Strategy: StrangleTrade entry date / price: 28 Oct 2019 / $109.75Price at this post: $110.00 Update: Well, we got the volatility increase we were looking for but with TGT trading at pretty much the same level as our entry, we’re down a bit on this trade. With TGT seeming […]