Stock / Symbol: Overstock / OSTKStrategy: Vertical Call SpreadTrade entry date: 06 Apr 2021 / $66.90Price at this post: $79.00 Update / Reasoning: Although this trade’s time horizon is 5 months, I’m entering an exit order here to attempt to exit the trade earlier, with about a 15% return. With OSTK at it’s current level, […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Dow ETF / DIAStrategy: Vertical Put SpreadTrade post date: 29 Apr 2021Price at this post: $338 Reasoning: Technically, the DOW looks to have peaked this week. Expecting a market pullback, I’m going with an ITM Vertical Put Spread […]
This post is restricted to paying members. To follow are specific active trade details: Stock / Symbol: Gold Miners ETF / GDXStrategy: Diagonal Call SpreadTrade entry date / price: 14 Apr 2021 / $35.70Price at this post: $35.55 Update / Reasoning: The call on the short leg of this position, which I sold for $0.24 […]
Stock / Symbol: Skillz / SKLZStrategy: Calendar Call SpreadTrade entry date / price: 21 Apr 2021 / $16.70Trade exit date / price: 27 Apr 2021 / $20.49Price at this post: $19.75 Update: With SKLZ under $21 pre-market, I kept my exit order for a credit of $4.25 in place. At 6:33am PST, my order was […]
Stock / Symbol: Skillz / SKLZStrategy: Calendar Call SpreadTrade entry date / price: 21 Apr 2021 / $16.70Price at this post: $21.16 Update / Reasoning: Although it was very close today, my exit order for a credit of $4.25 per contract has not yet filled. However, with the time erosion on the short leg, I […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Chewy / CHWYStrategy: Bull Put SpreadTrade post date: 25 Apr 2021Price at this post: $80.59 Reasoning: Technically, CHWY has support at it’s 200 day average (currently $75.75), and I’m entering into a Bull Put spread with CHWY on […]
This post is restricted to paying members. To follow are specific active trade details: Stock / Symbol: Workhorse Group / WKHSStrategy: Calendar Call SpreadTrade entry date / price: 17 Mar 2021 / $16.35Price at this post: $12.67 Update: In order to continue to generate income from this position, I’m rolling the short, Apr 30th, $18 […]
Stock / Symbol: Skillz / SKLZStrategy: Calendar Call SpreadTrade entry date / price: 21 Apr 2021 / $16.70Price at this post: $16.18 Update / Reasoning: My exit order has not been filled, and with SKLZ actually trading lower than my entry point, it doesn’t appear that a fill will happen for a while. So, I’m […]
Stock / Symbol: Skillz / SKLZStrategy: Calendar Call SpreadTrade entry date / price: 21 Apr 2021 / $16.70Price at this post: $18.05 Update / Reasoning: With SKLZ dropping quickly from it’s opening price of $19.44, I didn’t get filled at my limit of $4.25. I’m lowering my ask down to $3.95 in order to increase […]
Stock / Symbol: Skillz / SKLZStrategy: Calendar Call SpreadTrade entry date / price: 21 Apr 2021 / $16.70Price at this post: $19.00 Update / Reasoning: With SKLZ already trading near my price target of $20, I’m going to attempt to close the position today. I don’t normally have such a quick turn around on a […]