This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: United Parcel Service / UPSOption Strategy: Broken Wing Butterfly Call SpreadTrade post date: 24 Apr 2020Price at this post: $99.55 Reasoning: UPS has an earnings announcement coming up next Tuesday and we’re going to place a speculative, long […]
This post is restricted to paying members. To follow are specific trade adjustment details: Stock / Symbol: Small Cap Bull 3x / TNAOption Strategy: Diagonal Call SpreadTrade entry date / price: 28 Feb 2020 / $47.60Price at this post: $18.35 Update / Adjustment: We are going to be able to let the 25 strike call […]
Stock / Symbol: Canopy Growth / CGCStrategy: Diagonal Call SpreadTrade entry date / price: 15 Jan 2020 / $24.82Price at this post: $14.85 Update / Adjustment: The 18.5 strike call we sold this week will expire worthless, allowing us to retain the full premium we collected. Now, we’re going to sell an 18 strike 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: $100.77 Update / Adjustment: The call we sold expired worthless last Friday, selling another call […]
This post is restricted to paying members. To follow are specific trade adjustment details: Stock / Symbol: BP PLC / BPStrategy: Calendar Call SpreadTrade entry date / price: 10 Mar 2020 / $25.90Price at this post: $23.15 Adjustment: Our short calls expired worthless last Friday, enabling us to retain the full premium we collected. We’re […]
Stock / Symbol: iShares Silver Trust / SLVOption Strategy: Diagonal Call SpreadTrade entry date / price: 03 Apr 2020 / $13.54Price at this post: $14.27 Update / Adjustment: The 15 strike call we sold expired worthless last Friday, enabling us to retain the full premium we collected. Now, we’re going to sell a 16 strike […]
Stock / Symbol: Canopy Growth / CGCStrategy: Diagonal Call SpreadTrade entry date / price: 15 Jan 2020 / $24.82Price at this post: $15.94 Update / Adjustment: The 17.5 strike call we sold expired worthless last Friday, allowing us to retain the full premium we collected. If you entered the position on March 24th with the […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Nasdaq 100 Index / QQQOption Strategy: Bear Call SpreadTrade post date: 17 Apr 2020Price at this post: $213.70 Reasoning: We’ve had a nice recovery in the Nasdaq, but this upside move is likely to stall out around the […]
Stock / Symbol: LYFT / LYFTOption Strategy: Synthetic Long SpreadTrade entry date / price: 25 Nov 2019 / $48.88Price at this post: $28.88 Reasoning: This trade has turned out to be a casualty of the COVID-19 market selloff. We’re going to close it out and take the loss. However, we will look to enter a […]
This post is restricted to paying members. To follow are specific trade adjustment details: Stock / Symbol: Small Cap Bull 3x / TNAOption Strategy: Diagonal Call SpreadTrade entry date / price: 28 Feb 2020 / $47.60Price at this post: $18.25 Update / Adjustment: We are going to be able to let the 23 strike call […]