Stock / Symbol: ProShares Ultra Natural Gas ETF / BOILOption Strategy: Diagonal Call SpreadTrade entry date / price: 10 Jan 2020 / $8.49Price at this post: $5.54 Reasoning: With Natural Gas continuing lower after our entry, we were able to allow the short calls to expire worthless. Now, we’re going to adjust the position by […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Small Cap Bull 3x / TNAOption Strategy: Diagonal Call SpreadTrade post date: 28 Feb 2020Price at this post: $47.60 Reasoning: The market selloff is presenting another opportunity for us to pick off some good prices. Today, we’re putting […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Johnson & Johnson / JNJOption Strategy: Bull Put SpreadTrade post date: 27 Feb 2020Price at this post: $141.50 Reasoning: The market selloff is presenting new opportunities and I think we have one here with JNJ. With long term […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: United Parcel Service / UPSOption Strategy: Bull Put SpreadTrade post date: 25 Feb 2020Price at this post: $94.55 Reasoning: Disappointment in UPS’s recent earnings announcement, combined with the market selloff, has taken UPS back down to multi year […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Direxion ETF Small Cap Bear / TZAStrategy: Calendar Call SpreadTrade entry date / price: 14 Feb 2020 / $33.60Price at this post: $34.05 Reasoning: The combination of a market pullback and increased volatility has our position in TZA […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Direxion ETF Small Cap Bear / TZAStrategy: Calendar Call SpreadTrade entry date: 14 Feb 2020Price at this post: $33.60 Reasoning: This trade’s premise is that we’re due for a pullback in the market. Playing this premise, we’re going […]
Stock / Symbol: Canopy Growth / CGCStrategy: Diagonal Call SpreadTrade entry date / price: 15 Jan 2020 / $24.82Price at this post: $22.22 Update: Even with CGC up 14% today, our short 25.5 strike call will expire worthless after market close today, enabling us to retain the full premium we sold. We’re now going to […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Spdr Energy ETF / XLEOption Strategy: Bull Put SpreadTrade entry date / price: 27 Jan 2020 / $55.33Price at this post: $54.52 Reasoning: With XLE trading above our short strike of $54, it’s looking like we’ll be able […]
Stock / Symbol: LYFT / LYFTOption Strategy: Synthetic Long SpreadTrade entry date / price: 25 Nov 2019 / $48.88Price at this post: $53.85 Reasoning: With LYFT close to our upside target of $55 and with it reporting earnings this afternoon, we’re going to close out the long call here to capitalize on the increased volatility. […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Canopy Growth / CGCStrategy: Diagonal Call SpreadTrade entry date / price: 15 Jan 2020 / $24.82Price at this post: $20.27 Update: With CGC trading under the strike of our short 26 call, we’re going to allow the short […]