Stock / Symbol: Google / GOOGLStrategy: Reverse Iron CondorTrade entry date / price: 1 Dec 2020 / $1820Price at this post: $1820 Update / Reasoning: With GOOGL trading at essentially the same level it was when we entered the trade, we just haven’t gotten the price move (up or down) or volatility increase needed for […]
Stock / Symbol: Google / GOOGLStrategy: Reverse Iron CondorTrade entry date / price: 1 Dec 2020 / $1820Price at this post: $1840 Update / Reasoning: I’d prefer not to hold this position over the weekend, so I’m lowering the credit per contract a bit on the exit order. The current Greeks on this position are: […]
Stock / Symbol: Google / GOOGLStrategy: Reverse Iron CondorTrade entry date / price: 1 Dec 2020 / $1820Price at this post: $1807 Update / Reasoning: Entering in an exit order here to attempt to capture a quick 10% return. As always, we’re using a GTC order as it may take a few days to fill. […]
Stock / Symbol: Russell 2000 / RUTStrategy: Bear Call SpreadTrade entry date / price: 23 Nov 2020 / $1805Price at this post: $1831 Update / Reasoning: With RUT trading below our last adjustment, we’re going to enter in our exit order. At a debit of $0.10 per contract, we’ll end up with the trade’s original […]
Stock / Symbol: Facebook / FBStrategy: Reverse Iron CondorTrade entry date / price: 27 Nov 2020 / $278.50Price at this post: $288 Update / Reasoning: As anticipated, FB’s implied volatility has risen a bit since our entry, helping to make this position profitable (so far). Going to enter in our exit order here, looking to […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Google / GOOGLStrategy: Reverse Iron CondorTrade post date: 1 Dec 2020Price at this post: $1814 Reasoning: Looking at another long Vega position to take advantage of the currently low implied volatility on GOOGL. The Greeks on this Reverse […]
Stock / Symbol: Tesla / TSLAStrategy: Vertical Put SpreadTrade post date / price: 30 Nov 2020 / $582Price at this post: $587 Update: Didn’t get filled yesterday. For now, not going to try to get in the position. Proposed position:Long 1 TSLA 11Dec20 680 putShort 1 TSLA 11Dec20 670 put Analysis: Max Risk: $825Max Reward: […]
Stock / Symbol: Apple / AAPLStrategy: Double CalendarTrade entry date / price: 30 Nov 2020 / $118.88Price at this post: $121 Reasoning: With AAPL already trading near to our upside stop, just going to exit the trade here and take a small loss. Trade Exit Order: STC 1 AAPL 18Dec20 120 callBTC 1 AAPL 4Dec20 […]