This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Peloton / PTONOption Strategy: Calendar Put SpreadTrade post date: 22 Oct 2020Price at this post: $122.50 Reasoning: PTON is sitting at a critical spot here, at its 17 day moving average. This trade is based on the premise […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: SPDR GOLD ETF / GLDStrategy: Iron CondorTrade post date: 22 Oct 2020Price at this post: $178.748 Reasoning: Expecting GLD to trade within a range of 170 to 190, I’m going with a Delta neutral trade using an Iron […]
This post is restricted to paying members. Stock / Symbol: Netflix / NFLXStrategy: Bull Put SpreadTrade post date: 21 Oct 2020Price at time of post: $491 Update: We came close but didn’t get filled on our Bull Put Spread on NFLX yesterday. If another opportunity presents itself, we’ll attempt to enter the position again.
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Draft Kings / DKNGStrategy: Bull Put SpreadTrade entry date / price: 16 Oct 2020 / $44.34Price at this post: $41.50 Reasoning: I was wrong about DKNG finding support at $44. We’re going to exit the trade here for […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Netflix / NFLXStrategy: Bull Put SpreadTrade post date: 21 Oct 2020Price at this post: $491 Reasoning: NFLX is down big today following a disappointing earnings announcement. So, we’re going to take advantage of this and sell some NFLX […]
Stock / Symbol: Beyond Meat / BYNDStrategy: Broken Wing Butterfly Put SpreadTrade entry date / price: 14 Oct 2020 / $188.30Trade exit date / price: 20 Oct 2020 / $176.85 Recap: Our exit order was filled yesterday at 12:10 pm PST for a nice, quick 39% return. Position:Long 1 BYND 30Oct20 175 putShort 2 BYND […]
Stock / Symbol: Beyond Meat / BYNDStrategy: Broken Wing Butterfly Put SpreadTrade entry date / price : 14 Oct 2020 / $188.30Price at this post: $183.24 Update: BYND has pulled back about 3% from our entry point but we haven’t benefited yet. In hindsight, I should have structured the trade to benefit from a 5% […]
This post is restricted to paying members. Stock / Symbol: United Airlines / UALOption Strategy: Diagonal Call SpreadTrade entry date / price: 04 Jun 2020 / $38.55Price at this post: $35.30 Update / Adjustment: The last 42 strike call we sold expired worthless last Friday, enabling us to retain the full premium we collected on […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Draft Kings / DKNGStrategy: Bull Put SpreadTrade post date: 16 Oct 2020Price at this post: $44.34 Reasoning: Technically, DKNG should find support here at its 50 day average (currently at $44.80). On the premise that DKNG will hold […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: DOW JONES ETF / DIAStrategy: Iron CondorTrade entry date / price: 01 Oct 2020 / $279.25Price at this post: $285.22 Update: So far, DIA has stayed within our trade’s profitability range of 264 – 292. At this point, […]