Stock / Symbol: Russell 2000 ETF / IWMStrategy: Bear Call SpreadTrade entry date / price: 13 Nov 2020 / $172.21Price at this post: $178.56 Update / Reasoning: Our upside stop of $178.25 was triggered today. With IWM looking technically stronger, we’re just going to stop out of the trade and take the loss. Greeks on […]
Stock / Symbol: Amazon / AMZN Strategy: Bull Put Spread Trade entry date / price: 16 Nov 2020 / $3122 Price at this post: $3156 Reasoning: Entering in the exit order now, to fill with 78% of the profit potential captured. This position’s current Greeks are: 0.4 Delta, 7.2 Theta, and -1.9 Vega. Trade Exit […]
Stock / Symbol: Workhorse / WKHSStrategy: Calendar Call SpreadTrade entry date / price: 09 Nov 2020 / $18.88Trade exit date / price: 17 Nov 2020 / $21.49 Recap: We just got filled on our exit order for the WKHS Calendar Call Spread, capturing a nice 24.7% gain over 9 calendar day period. Position Details: Long […]
Stock / Symbol: Workhorse / WKHSStrategy: Calendar Call SpreadTrade entry date / price: 09 Nov 2020 / $18.88Price at this post: $20.99 Reasoning: With WKHS moving up in price, I’d like to get our exit order in now, to fill with WKHS trading at/near our price target of $22. As usual, we’re using a GTC […]
This post is restricted to paying members. Stock / Symbol: Amazon / AMZN Strategy: Bull Put Spread Trade entry date / price: 16 Nov 2020 / $3122 Update: Our entry order will filled at 7:11am PST this morning. Position Details:Short 1 AMZN 20Nov20 2990 putLong 1 AMZN 20Nov20 2985 put For a net credit of […]
Stock / Symbol: United Airlines / UALOption Strategy: Diagonal Call SpreadTrade entry date / price: 04 Jun 2020 / $38.55Trade exit date / price: 16 Nov 2020 / $41.32 Recap: We were filled on our exit order today at 7:14 am PST. Closing Position Details: Long 1 UAL 18 Jun21 35 callShort 1 UAL 20 […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Amazon / AMZN Strategy: Bull Put Spread Trade post date: 16 Nov 2020 Price at this post: $3139 Reasoning: Technically, AMZN appears to have support at the $3000 level. On the premise, we’re entering into a slightly long […]
Stock / Symbol: United Airlines / UALOption Strategy: Diagonal Call SpreadTrade entry date / price: 04 Jun 2020 / $38.55Price at this post: $40.55 Update: With UAL trading near the level of our short leg of the trade, we’re going to enter in the exit order here to book the win. Trade exit order: STC […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Russell 2000 ETF / IWMStrategy: Bear Call SpreadTrade post date: 13 Nov 2020Price at this post: $172.05 Reasoning: Technically, IWM appears to have topped out at the $178 level. On the premise, we’re entering into a short Delta […]
Stock / Symbol: Draft Kings / DKNGStrategy: Calendar Call SpreadTrade entry date / price: 03 Nov 2020 / $39.30Price at this post: $41.14 Update: We haven’t been filled yet at our desired level prior to tomorrow’s earnings announcement. I’m opting to take a gamble here and hold the position thru the announcement. So, I’m adjusting […]