Trade Entry – TSLA Reverse Iron Condor

This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Tesla / TSLAStrategy: Reverse Iron CondorTrade post date: 26 Jul 2021Price at this post: $649 Reasoning: Ahead of this afternoon’s scheduled earnings announcement by TSLA, I’m seeing a pennant technical pattern in the chart. The pennant formation tends […]

Trade Update – QQQ Iron Condor

This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Nasdaq ETF / QQQStrategy: Iron CondorTrade entry date / price: 19 Jul 2021 / $353.35Price at this post: $365.45 Update / Reasoning: For the first few minutes of trading this morning, it was looking like the QQQ’s may […]

Trade Adjustment – QQQ Iron Condor

This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Nasdaq ETF / QQQStrategy: Iron CondorTrade entry date / price: 19 Jul 2021 / $353.35Price at this post: $363.23 Update / Reasoning: With the call side of the position ITM, I’m rolling the calls up and wider (doubling […]

Trade Entry – W Vertical Call Spread

This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Wayfair.com / WStrategy: Vertical Call SpreadTrade post date: 20 Jul 2021Price at this post: $298.50 Reasoning: Technically, W has found support at the 175 level. On the premise that W will reverse it’s trend, and start moving higher […]

Trade Adjustment – NLS Diagonal Call Spread

This post is restricted to paying members. To follow are specific active trade details: Stock / Symbol: Nautilus / NLSStrategy: Diagonal Call SpreadTrade entry date: 20 May 2021 / $17.85Price at this post: $14.67 Update / Reasoning: The July expiration call we sold expired worthless last week. Selling another 17.5 strike call against the long […]

Trade Entry – QQQ Iron Condor

This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Nasdaq ETF / QQQStrategy: Iron CondorTrade post date: 19 Jul 2021Price at this post: $353.35 Reasoning: I’m entering into another an ATM Iron Condor on QQQ with the expectation that I will need to adjust the trade prior […]