This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Alibaba / BABAStrategy: Bull Put SpreadTrade post date: 30 Nov 2021Price at this post: $130 Reasoning: BABA is down about 60% from it’s highs reached about a year ago. Now, BABA is trading down to where it found […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Qualcomm / QCOMStrategy: Bear Call Spread / Iron CondorTrade entry date / price: 10 Nov 2021 / $163.50Price at this post: $178.63 Update / Reasoning: With the short leg of the protective 170 calendar, I’m closing that spread […]
Stock / Symbol: Capital One / COFStrategy: Short Butterfly Put Spread / Put Calendar / Put DiagonalTrade post date: 23 Sep 2021 / $167Price at this post: $145.75 Update / Reasoning: With COF down big today, the short 148 put is well ITM but the overall position has yielded a net winner. Closing the position […]
This post is restricted to paying members. To follow are specific new / active trade details: Stock / Symbol: Microsoft / MSFTOption Strategy: Iron CondorTrade entry date / price: 15 Oct 2021 / $302.65Price at this post: $335.75 Update / Reasoning: Looks like MSFT peaked yesterday, so I’m jumping back in with an Iron Condor […]
This post is restricted to paying members. To follow are specific active trade details: Stock / Symbol: ContextLogic / WISHStrategy: Diagonal Call SpreadTrade entry date / price: 2 Aug 2021 / $10.09Price at this post: $4.08 Update / Reasoning: As expected, I was assigned shares of WISH over the weekend via the short $5 put […]
This post is restricted to paying members. To follow are open trade adjustment details: Stock / Symbol: Canopy Growth Corp / CGCStrategy: Diagonal Call SpreadTrade entry date / price: 18 Apr 2021 / $27.80Price at this post: $12.75 Update / Reasoning: With CGC threatening the short 12.50 strike put expiring tomorrow, I’m rolling the put […]
This post is restricted to paying members. To follow are specific active trade details: Stock / Symbol: ContextLogic / WISHStrategy: Diagonal Call SpreadTrade entry date / price: 2 Aug 2021 / $10.09Price at this post: $4.80 Update / Reasoning: On my last adjustment, the plan was to allow the short 5 put to be assigned […]
Stock / Symbol: Capital One / COFStrategy: Short Butterfly Put Spread / Put Calendar / Put DiagonalTrade post date: 23 Sep 2021 / $167Price at this post: $152.75 Update / Reasoning: My plan was to adjust the trade if COF was under $153, so I’m cancelling the Dec21 154.4 / Nov21 155 exit order and […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Qualcomm / QCOMStrategy: Bear Call SpreadTrade entry date / price: 10 Nov 2021 / $163.50Price at this post: $182.75 Update / Reasoning: On some positive news, QCOM has blown right past my upside stop of $170. With that, […]
Stock / Symbol: Capital One / COFStrategy: Short Butterfly Put Spread / Put Calendar / Put DiagonalTrade post date: 23 Sep 2021 / $167Price at this post: $157.60 Update / Reasoning: The current 17Dec154.4 / 19Nov 155 Diagonal put spread is already reasonably profitable, up about $1.90 per contract. I’m entering in a closing order […]