This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Canopy Growth / CGCStrategy: Diagonal Call SpreadTrade entry date / price: 15 Jan 2020 / $24.82Price at this post: $22.95 Update: With CGC trading under the strike of our short 27 call, we’re going to allow the short […]
Stock / Symbol: Tesla / TSLAOption Strategy: Bear Call SpreadTrade entry date / price: 22 Jan 2020 / $570Price at this post: $641.50 Reasoning: With our short call well ITM, we need to close the position today. Trade Exit Details: BTC 1 TSLA 31Jan20 600 callSTC 1 TSLA 31Jan20 602.50 call For a max net […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Spdr Energy ETF / XLEOption Strategy: Bull Put SpreadTrade post date: 27 Jan 2020Price at this post: $55.33 Reasoning: The energy sector has recently pulled back significantly, to near multi year lows. With the premise being that we’re […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Canopy Growth / CGCStrategy: Diagonal Call SpreadTrade entry date / price: 15 Jan 2020 / $24.82Price at this post: $23.65 Update: With CGC trading under the strike (26) of our short call, we’re going to allow the short […]
Stock / Symbol: CSX Corp / CSXOption Strategy: Calendar Call SpreadTrade entry date: 17 Jan 2020Price at this post: $76.60 Reasoning: Even though CSX is only up 10 cents from our entry point, our Calendar Spread has performed nicely. We’re going to take profits here. The position’s current Greeks are: 33.8 Delta, 1.6 Theta and […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Tesla / TSLAOption Strategy: Bear Call SpreadTrade post date: 22 Jan 2020Price at this post: $570 Reasoning: TSLA popped up today on an upgrade by Wedbush. We’re going to see if we can take advantage of this exuberance, […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Netflix / NFLXOption Strategy: Double CalendarTrade entry date: 14 Jan 2020Price at this post: $336 Update: Updating our exit order so that we can get filled. Current Greeks are: 3.3 Delta, 233.4 Theta, and 47.9 Vega. Trade Exit […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Netflix / NFLXOption Strategy: Double CalendarTrade entry date: 14 Jan 2020Price at this post: $339.67 Update / Reasoning: Price wise, our trade is in a perfect spot with NFLX still trading at about the same level as our […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: CSX Corp / CSXOption Strategy: Calendar Call SpreadTrade entry date: 17 Jan 2020Price at this post: $76.55 Reasoning: Following their earnings release yesterday, we’re expecting CSX to continue it’s recent upside move, with a target of $77.50. To […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Tesla / TSLAOption Strategy: Broken Wing Put ButterflyTrade entry date: 16 Jan 2020Price at this post: $504 Reasoning: Finally looks like TSLA may have peaked, so we’re going to put on a broken wing put butterfly spread. Upon […]