Stock / Symbol: Canopy Growth / CGCStrategy: Diagonal Call SpreadTrade entry date / price: 15 Jan 2020 / $24.82Price at this post: $13.15 Adjustment: Were adding in a Calendar Call Spread which will lower our break-even price on CGC from $16.60, down to $15.20 by Apr 17th. Additionally, if you’re not currently in this position, […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: United Parcel Service / UPSOption Strategy: Bull Put SpreadTrade entry date / price: 25 Feb 2020 / $94.55Price at trade exit: $93.46 Recap: We were able to let the position expire worthless on Friday, enabling us to realize […]
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: $89.50 Adjustment: Rolling the short call out to April’s expiration, keeping nearly all of the […]
This post is restricted to paying members. To follow are specific trade details: Stock / Symbol: Johnson & Johnson / JNJOption Strategy: Bull Put SpreadTrade entry date / price: 27 Feb 2020 / $141.50Price at this post: $124.00 Reasoning: Our position is ITM (in-the-money), so we’re going to roll out to next week’s expiration and […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: BP PLC / BPStrategy: Calendar Call SpreadTrade entry date / price: 10 Mar 2020 / $25.90Price at this post: $18.90 Reasoning: Going to add a long 25 strike call to the position to lower the break even point […]
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: $20.50 Reasoning: With the market in full panic over the Corona, we’re going to take advantage […]
Stock / Symbol: Canopy Growth / CGCStrategy: Diagonal Call SpreadTrade entry date / price: 15 Jan 2020 / $24.82Price at this post: $13.95 Update: With CGC trading significantly lower than our entry point, we’re going to add to the long side of this trade to lower our break even point from $28.40 down to $27.30 […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: BP PLC / BPStrategy: Calendar Call SpreadTrade entry date: 10 Mar 2020Price at this post: $25.90 Reasoning: With BP, a big oil producer, trading at levels not seen in 10 years, we’re going to put a Calendar Call […]
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: $32.75 Reasoning: With TNA trading significantly lower from our entry point, we’re going to add to […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: The Walt Disney Co / DISStrategy: Calendar Call SpreadTrade entry date: 05 Mar 2020Price at this post: $113.60 Reasoning: With the market pullback, coupled with Corona virus scares, we’re getting DIS at a very attractive level. So, we’re […]