This post is restricted to paying members. To follow are specific active trade details: Stock / Symbol: Ballard Power Systems / BLDPStrategy: Bull Put SpreadTrade entry date / price: 24 Jun 2021 / $17.70Price at this post: $15.50 Update / Reasoning: Short term, I’m expecting BLDP to pull back even further, to around the 14 […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: ContextLogic / WISHStrategy: Diagonal Call SpreadTrade post date: 2 Aug 2021Price at this post: $10.09 Reasoning: Just six month’s ago, WISH, a mobile ecommerce co, was trading as high as $32. Per the chart, it looks like WISH […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Vuzix / VUZIStrategy: Diagonal Put SpreadTrade post date: 1 Aug 2021Price at this post: $14.80 Reasoning: I’m bullish on VUZI, a manufacturer of ‘smart glasses’ which are wearable display and computing devices. However, with an earnings announcement scheduled […]
Stock / Symbol: Nasdaq ETF / QQQStrategy: Iron CondorTrade entry date / price: 19 Jul 2021 / $353.35Trade exit date / price: 30 Jul 2021 / $364.57 Recap: The remaining 368/370 call spread expired worthless on Friday, thus closing out this trade. Opening Position:Short 1 QQQ 23Jul21 354 callLong 1 QQQ 23Jul21 355 callShort 1 […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Activision / ATVIStrategy: Vertical Call SpreadTrade entry date / price: 08 Jul 2021 / $92.40Price at this post: $84.27 Update / Reasoning: Well, this trade was on track to profitability and then ATVI had a major news event […]
Stock / Symbol: Nasdaq ETF / QQQStrategy: Iron CondorTrade entry date / price: 19 Jul 2021 / $353.35Price at this post: $367.30 Update / Reasoning: Near the end of trading yesterday, I executed the roll of the call spread for a net credit of $0.28 per contract, out to a 368/370 that expires tomorrow. If […]
Stock / Symbol: Nasdaq ETF / QQQStrategy: Iron CondorTrade entry date / price: 19 Jul 2021 / $353.35Price at this post: $366.25 Update / Reasoning: If with 5 to 10 minutes before market close, QQQ is still trading at 366.15 or higher, I will cancel the closing order on the 366/368c & 364/362p iron condor. […]
Stock / Symbol: Nasdaq ETF / QQQStrategy: Iron CondorTrade entry date / price: 19 Jul 2021 / $353.35Price at this post: $365 Update / Reasoning: On the last adjustment, I didn’t get the breakeven fill I was going for. After the last adjustment, the position was down by $0.21 per contract. I’m just looking to […]
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: $19.60 Update / Reasoning: CGC is not yet anywhere near my target of $22 for selling calls against […]
Stock / Symbol: American Airlines / AALStrategy: Bull Put SpreadTrade post date: 02 Jul 2021 / $21.42Price at this post: $21.38 Update / Reasoning: With AAL trading over the $20 strike of short put and with this position’s options expiring this Friday, this position has reached nearly 77% of its profit potential. I’m going to […]