This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Marvell Tech / MRVLOption Strategy: Synthetic Long Trade entry date / price: 12 Dec 2019 / $25.60Price at this post: $26.69 Reasoning: MRVL hit our price target of $27 today, so we’re going to take profits. The current […]
Stock / Symbol: SmallCap 3x Bull / TNAOption Strategy: Bear Call spreadTrade entry date / price: 22 Nov 2019 / $62.35Price at this post: $72.65 Reasoning: With our position ITM, we were assigned the short calls. We’re going to close the position now. Closing Trade Details: BTC 200 shares TNAat market price. I was filled […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Amazon / AMZNOption Strategy: Reverse Iron Condor Trade entry date / price: 15 Nov 2019 / $1749Price at this post: $1861 Reasoning: While AMZN has moved up nicely, it didn’t happen soon enough. We’re going to close the […]
Stock / Symbol: SmallCap 3x Bull / TNAOption Strategy: Bear Call spreadTrade entry date / price: 22 Nov 2019 / $62.35Price at this adjustment: $72.85 Reasoning: With our position currently ITM, we’re rolling the position out and up. Trade Adjustment Details: BTC 2 TNA 20Dec19 68 callsSTC 2 TNA 20Dec19 70 callsSTO 2 TNA 27Dec19 […]
Stock / Symbol: S&P 500 / SPXOption Strategy: Bear Call spreadTrade entry date / price: 25 Oct 2019 / $3008Price at this adjustment: $3222.73 Reasoning: With today’s gap up, SPX is showing no signs of slowing down so we’re going to close the position out. Closing Trade Details: BTC 1 SPX 20Dec19 3090 callSTC 1 […]
Update: Never got filled. With KMX trading under $95 today, looks like we dodged a bullet.
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Carmaxx / KMXOption Strategy: Iron CondorTrade entry date: 19 Dec 2019Price at this post: $98.76 Reasoning: We’re putting on a trade that benefits should KMX not move up or down more than 4% following its earnings announcement tomorrow […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Marvell Tech / MRVLOption Strategy: Synthetic Long Trade entry date: 12 Dec 2019Price at this post: $25.60 Reasoning: MRVL has recently held nicely at the $23 range support level and looks to be moving steadily upward, so we’re […]
Stock / Symbol: lululemon / LULUOption Strategy: Iron Condor Original post date: 11 Dec 2019Price at this post: $220 Update: We didn’t get filled on our order yesterday, so there’s nothing to do but look for the next trade. Too bad though, with LULU trading well within our range of $200 to $262.50, looks like […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: lululemon / LULUOption Strategy: Iron Condor Trade entry date: 11 Dec 2019Price at this post: $233.80 Reasoning: The street is expecting a move of +/- 17.6 points following LULU’s earnings announcement this afternoon. We’re putting an Iron Condor […]