This post is restricted to paying members. To follow are specific position management details: Stock / Symbol: Russell 2000 / RUTStrategy: Bear Call Spread / Broken Wing Iron Condor Trade entry date / price: 08 Dec 2020 / $1907 Price at this post: $2016 Reasoning: With RUT continuing to trade up towards the level of […]
Stock / Symbol: DOW Index ETF / DIAStrategy: Iron CondorTrade entry date / price: 21 Dec 2020 / $298.59Price at this post: $300.84 Update / Reasoning: With DIA trading between the strikes of our short legs and the contracts expiring tomorrow, I’m going to enter in a closing order now in an attempt to capture […]
Stock / Symbol: NIO Limited / NIO Strategy: Call Calendar Spread Trade Entry Date / Price: 16 Dec 2020 / $44.84 Trade Exit Date / Price: 22 Dec 2020 / $49.15 Recap: Our exit order was filled today at 6:47am PST, yielding a quick 14% gain. If you haven’t been filled yet, I recommend exiting […]
This post is restricted to paying members. To follow are specific trade adjustment details: Stock / Symbol: BP PLC / BPStrategy: Calendar Call SpreadTrade entry date / price: 10 Mar 2020 / $25.90Price at this post: $20.62 Adjustment: For those of you who entered the trade along with me back in March, we’re going to […]
Stock / Symbol: NIO Limited / NIOStrategy: Calendar Call SpreadTrade entry date / price: 16 Dec 2020 / $44.84Price at this post: $49.10 Update: With NIO hitting our price target today, I’m adjusting the exit order down a bit to get filled sooner. The current Greeks on this position are: 0 Delta, 8.4 Theta, and […]
Stock / Symbol: NIO Limited / NIOStrategy: Calendar Call SpreadTrade entry date / price: 16 Dec 2020 / $44.84Price at this post: $47.71 Update: With NIO trading up and getting closer to the low end of our price target ($49 to $51), I’m going to enter the GTC exit order now. The order likely won’t […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: DOW Index ETF / DIAStrategy: Iron CondorTrade post date: 21 Dec 2020Price at this post: $298.49 Correction: I had an error on the short put leg of the trade. Please see the correct order below. Corrected Trade Entry […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: DOW Index ETF / DIAStrategy: Iron CondorTrade post date: 21 Dec 2020Price at this post: $298.49 Reasoning: Expecting DIA to trade within a range of 292 to 304 this week, I’m going with a Delta neutral trade using […]
This post is restricted to paying members. To follow are specific position management details: Stock / Symbol: Russell 2000 / RUTStrategy: Bear Call Spread Trade entry date / price: 08 Dec 2020 / $1907 Price at this post: $1988 Adjustment: It’s not looking like we’re going to get filled on the roll to the 2040/2050 […]
This post is restricted to paying members. To follow are specific position management details: Stock / Symbol: Russell 2000 / RUTStrategy: Bear Call Spread Trade entry date / price: 08 Dec 2020 / $1907 Price at this post: $1989 Reasoning: Our upside stop was triggered, so we’re adjusting the position by rolling out a week […]