This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Apple / AAPLOption Strategy: Butterfly Call SpreadTrade post date: 22 May 2020Price at this post: $318.35 Reasoning: Putting on a Butterfly Call Spread to play our premise that AAPL will pullback to its 17 day average (around $307.50) […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Splunk / SPLKOption Strategy: Calendar Put SpreadTrade post date: 22 May 2020Price at this post: $183.50 Reasoning: SPLK is up huge today following their earnings announcement yesterday afternoon. Putting on a Calendar Put Spread to play the premise […]
Stock / Symbol: iShares Silver Trust / SLVOption Strategy: Diagonal Call SpreadTrade entry date / price: 03 Apr 2020 / $13.54Price at this post: $16.00 Update / Adjustment: The 16 strike call we sold expired worthless last Friday, enabling us to retain the full premium we collected. Now, we’re going to sell a 17 strike […]
Stock / Symbol: Canopy Growth / CGCStrategy: Diagonal Call SpreadTrade entry date / price: 15 Jan 2020 / $24.82Price at this post: $14.70 Update / Adjustment: The last 18 strike call we sold expired worthless last Friday, allowing us to retain the full premium we collected. Now, we’re going to sell another 18 strike call, […]
This post is restricted to paying members. To follow are specific trade adjustment details: Stock / Symbol: Small Cap Bull 3x / TNAOption Strategy: Diagonal Call SpreadTrade entry date / price: 28 Feb 2020 / $47.60Price at this post: $23.18 Update / Adjustment: The 25 strike call we sold on Apr 24th, will expire worthless […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: SPDR S&P500 ETF / SPYOption Strategy: Bear Call SpreadTrade post date: 08 May 2020Price at this post: $291.78 Reasoning: The market has rebounded very nicely. Technically, however, the SPY is likely to run into resistance between 300 and […]
This post is restricted to paying members. To follow are specific trade adjustment details: Stock / Symbol: The Walt Disney Co / DISStrategy: Calendar Call SpreadTrade entry date / price: 05 Mar 2020 / $113.60Price at time of this post: $107.50 Update / Adjustment: The last call we sold expires today and is way OTM, […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Salesforce.com / CRMOption Strategy: Iron CondorTrade entry date / price: 01 May 2020 / $156.00Price at this post: $167.50 Reasoning: Our upside stop has been triggered, so we’re going to close the trade here to avoid further loss. […]
Stock / Symbol: ProShares Ultra Natural Gas ETF / BOILOption Strategy: Diagonal Call SpreadTrade entry date / price: 10 Jan 2020 / $8.49Price at this post: $58.50 (post 10x reverse split) Update: BOIL did a 10x reverse split on Apr 20th. Our current position (19June 6 strike calls) is up a bit, easing the loss […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Grubhub / GRUBOption Strategy: Calendar Call SpreadTrade entry date / price: 16 Apr 2020 / $40.55Price at this post: $48.25 Reasoning: Ahead of GRUB’s scheduled earnings announcement tomorrow afternoon, we’re currently up over 50% on this trade. So, […]