This post is restricted to paying members. To follow are specific trade adjustment details: Correction: The order should have been to BTC the 16Oct20 40 call. Trade Adjustment Details: BTC 1 WBA 16Oct20 40 callSTO 1 WBA 30Oct20 38.5 call For a min net credit of $0.40 per contract (day order, limit order).
This post is restricted to paying members. To follow are specific trade adjustment details: Stock / Symbol: Walgreens / WBAStrategy: Diagonal Call SpreadTrade entry date / price: 17 Sep 2020 / $37.18Price at this post: $36.88 Update / Adjustment: Walgreens is up nicely today following their earnings announcement. We’re going to roll the short leg […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Beyond Meat / BYNDStrategy: Broken Wing Butterfly Put SpreadTrade post date: 14 Oct 2020Price at this post: $188.30 Reasoning: BYND is technically overbought and likely to pullback to at least its 17 day moving average (approx 172). On […]
This post is restricted to paying members. Stock / Symbol: Alternative Harvest / MJOption Strategy: Diagonal Call SpreadTrade entry date / price: 04 Jun 2020 / $14.00Price at this post: $11.96 Adjustment: Adding to the short leg of the position now. Note that we’re using a GTC order as it may take a few days […]
Stock / Symbol: Small Cap Bull 3x / TNAOption Strategy: Diagonal Call Spread, adjusted to a Calendar Call SpreadTrade entry date / price: 28 Feb 2020 / $47.60Trade exit date / price: 12 Oct 2020 / $39.78 Recap: This was likely our longest lasting trade to date. A little over 7 months ago, we started […]
Stock / Symbol: Small Cap Bull 3x / TNAOption Strategy: Calendar Call SpreadTrade entry date / price: 28 Feb 2020 / $47.60Price at this post: $39.10 Update / Reasoning: With TNA close to our price target of $40, we’re going to enter in our exit order. Trade Exit Order: STC 1 TNA 15Jan21 40 callBTC […]
Stock / Symbol: Zoom / ZMStrategy: Bull Put SpreadTrade entry date / price: 05 Oct 2020 / $481Price at this post: $498 Update: Zoom just needs to finish today over $450 for us to realize this trade’s full profit potential. At ZM’s current price, this is pretty much assured. Just in case, however, we’re going […]
Stock / Symbol: Johnson & Johnson / JNJStrategy: Calendar Call SpreadTrade entry date / price: 01 Oct 2020 / $148.15Trade exit date / price: 09 Oct 2020 / $149.65 Recap: We got filled first thing this morning, giving us a nice 15 – 17% return over 8 calendar days. Position Details: Long 1 JNJ 18 […]
This post is restricted to paying members. Stock / Symbol: Alternative Harvest / MJOption Strategy: Diagonal Call SpreadTrade entry date / price: 04 Jun 2020 / $14.00Price at this post: $11.33 Adjustment: We’re adding to the long leg of this trade to lower the breakeven point. If you’re not currently in this trade, this is […]
Stock / Symbol: Johnson & Johnson / JNJStrategy: Calendar Call SpreadTrade entry date / price: 01 Oct 2020 / $148.15Price at this post: $148.92 Reasoning: With JNJ closing in on our price target of $150, we’re going to set our exit order. As usual, we’re using a GTC order to close the trade, as it […]