Trade Entry – JNJ Long Put Butterfly

This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Johnson & Johnson / JNJStrategy: Long Put ButterflyTrade post date: 28Aug 2020Price at this post: $152.79 Reasoning: Expecting JNJ to continue trading in a tight range, we’re utilizing a Long Put Butterfly on JNJ that expires next week. […]

Trade Entry – DIS Vertical Call Spread

This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Disney / DISStrategy: Vertical Call SpreadTrade post date: 27 Aug 2020Price at this post: $134.93 Reasoning: Technically, DIS appears to be breaking to the upside. Its found strong support at its 17 day MA each day since last […]

Trade Exit – JNJ Put Calendar

This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Johnson & Johnson / JNJStrategy: Put CalendarTrade entry date / price: 21 Aug 2020 / $153.44Price at this post: $152.80 Update / Reasoning: With JNJ looking a bit stronger here, we’re going to take a modest profit and […]

Trade Adjustment – UAL Diagonal Call Spread

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: $35.35 Update / Reasoning: The 42 strike call we previously sold expired worthless last Friday, enabling us to retain the entire premium we collected and […]

Trade Entry – JNJ Put Calendar

This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Johnson & Johnson / JNJStrategy: Put CalendarTrade post date: 21 Aug 2020Price at this post: $153.44 Reasoning: Expecting a slight pullback for the DOW, including JNJ. On this premise, we’re utilizing an Put Calendar on JNJ with the […]

Trade Exit – FB Iron Condor

Stock / Symbol: Facebook / FBStrategy: Iron CondorTrade entry date / price: 19 Aug 2020 / $261.80Price at this post: $269.01 Reasoning: As long as FB finishes the day between $260 and $270, we could allow the position to expire worthless and realize the trade’s full profit potential. However, we’re going to see if we […]

Trade Adjustment – AMD Put

This post is restricted to paying members. Stock / Symbol: Advanced Micro Devices / AMDStrategy: PutTrade entry date / price: 31 Jul 2020 / $76.96Price at this post: $81.25 Adjustment: Going to roll our put out to another one expiring in two weeks to give this premise (a pullback in AMD) a little more time. […]