This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Peloton / PTONOption Strategy: Broken Wing Butterfly Call SpreadTrade post date: 28 May 2020Price at this post: $41.50 Reasoning: We’re expecting PTON to pull back to its 50 day moving average ($34). On this premise, we’re putting on […]
Stock / Symbol: Splunk / SPLKOption Strategy: Calendar Put SpreadTrade entry date / price: 22 May 2020 / $183.50Price at this post: $172.45 Update / Action: SPLK has hit our profit target point at $172.50. We’re adjusting our closing order to get filled now. Closing Trade Details: STC 1 SPLK 19Jun20 172.5 putBTC 1 SPLK […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Splunk / SPLKOption Strategy: Calendar Put SpreadTrade entry date / price: 22 May 2020 / $183.50Price at this post: $175 Update / Action: SPLK is pulling back as anticipated. Entering in our sell order now in order to […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Apple / AAPLOption Strategy: Butterfly Call SpreadTrade entry date / price: 22 May 2020 / $318.35Price at this post: $317.56 Update / Action: Entering in our closing order now in order to capitalize on even a brief pullback […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: SPDR S&P500 ETF / SPYOption Strategy: Bear Call SpreadTrade post date / price at post: 08 May 2020 / $291.78Price at this post: $300.26 Reasoning: We haven’t gotten filled but with SPY closing in on our short call […]
This post is restricted to paying members. To follow are specific trade adjustment details: Stock / Symbol: The Walt Disney Co / DISStrategy: Calendar Call SpreadTrade entry date / price: 05 Mar 2020 / $113.60Price at time of this post: $122.00 Update / Adjustment: We’re now up about 60% on this trade. Going to lock […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Apple / AAPLOption Strategy: Butterfly Call SpreadTrade post date: 22 May 2020Price at this post: $318.35 Reasoning: Putting on a Butterfly Call Spread to play our premise that AAPL will pullback to its 17 day average (around $307.50) […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Splunk / SPLKOption Strategy: Calendar Put SpreadTrade post date: 22 May 2020Price at this post: $183.50 Reasoning: SPLK is up huge today following their earnings announcement yesterday afternoon. Putting on a Calendar Put Spread to play the premise […]
Stock / Symbol: iShares Silver Trust / SLVOption Strategy: Diagonal Call SpreadTrade entry date / price: 03 Apr 2020 / $13.54Price at this post: $16.00 Update / Adjustment: The 16 strike call we sold expired worthless last Friday, enabling us to retain the full premium we collected. Now, we’re going to sell a 17 strike […]
Stock / Symbol: Canopy Growth / CGCStrategy: Diagonal Call SpreadTrade entry date / price: 15 Jan 2020 / $24.82Price at this post: $14.70 Update / Adjustment: The last 18 strike call we sold expired worthless last Friday, allowing us to retain the full premium we collected. Now, we’re going to sell another 18 strike call, […]