To follow is specific trade exit details: Stock / Symbol: Zscaller / ZS; Option Strategy: put calendar spread;Trade Entry Date / Price: May 31, 2019 / $67.70;Price at Trade Exit: $71.06 Reasoning: Upside stop hit at $70. Exiting here for a relatively small loss. Currently, the Greeks are: a negative delta of -8.6, a negative […]
To follow is specific new trade exit details: Stock / Symbol: John Deere / DE; Option Strategy: calendar call spread;Trade Entry Date / Price: May 17, 2019 / $136.70;Price at Trade Exit: $146.10 Reasoning: DE trading up to and a bit beyond our calendar strike price of $145, we’re closing out the trade now for […]
This post is restricted to paying members. To follow is specific new trade details: Stock / Symbol: Zscaller / ZS; Option Strategy: put calendar spread;Price at trade post: $67.70; Reasoning: Putting a directional trade on ZS with the thought that it will continue to trade lower at least until its next level of support at […]
To follow are specific trade exit details: Stock / Symbol: Under Armour / UAA; Option Strategy: put calendar spread;Trade entry date / price: May 21 / $23.65Trade exit date / price: May 29 / $22.82Price at this post: $22.72 Reasoning: With UAA trading down, near our target of $22.50, we’re submitting an exit order to […]
We got filled late last Friday to close out this trade. To follow is a recap of the trade: Stock / Symbol: Nike / NKE Option Strategy: double diagonal spreadTrade entry date / price: May 17 / $85.22Trade exit date / price: May 24 / $82.28 Recap: After 6 days of trading, we were able […]
This post is restricted to paying members. To follow are specific trade adjustment details: Stock / Symbol: Under Armour / UAA; Option Strategy: put calendar spread;Trade entry date / price: May 21 / $23.65Price at this post: $23.52; Reasoning: With the short put out of the money and expiring today, we’re going to roll to […]
This post is restricted to paying members. To follow is specific trade exit details: Stock / Symbol: Nike / NKE; Option Strategy: double diagonal spread;trade entry date / price: $85.22;Price at this post: $82.31 Reasoning: With NKE trading near our downside target of $82, we’re entering an exit order for the trade to potentially capture […]
This post is restricted to paying members. To follow is specific new trade details: Stock / Symbol: Under Armour / UAA; Option Strategy: put calendar spread;Price at trade post: $23.65; Reasoning: Putting a directional trade on UAA with the thought that it’s technically near a top and volatility will increase, thus favoring the position, as […]
Stock / Symbol: Boeing / BA; Option Strategy: bull put spread;Price at trade entry: $350.85;Price at this post: $356.86 Update: We’re going to be able to let our bull put spread on BA expire worthless, thus capturing the full profit potential on this trade. Position Details: Short 1 BA 17May2019 340 putLong 1 BA 17May2019 […]
This post is restricted to paying members. To follow is specific new trade details: Stock / Symbol: John Deere / DE; Option Strategy: calendar call spread;Price at trade post: $136.70; Reasoning: With a bad combination of an earnings miss, negative outlook, and the trade war with China, DE is down over 6% today. This trade […]