Trade Exit – TSLA Reverse Iron Condor

Stock / Symbol: Tesla / TSLAStrategy: Reverse Iron CondorTrade post date: 26 Jul 2021 / $651.50Price at this post: $641.50 Update: Despite a great earnings report and the pennant technical formation, TSLA hasn’t moved enough in either direction yet for this to be a profitable trade (in its current configuration). This position can be adjusted […]

Trade Adjustment – QQQ Iron Condor

This post is restricted to paying members. To follow are specific active trade details: Stock / Symbol: Nasdaq ETF / QQQStrategy: Iron CondorTrade entry date / price: 19 Jul 2021 / $353.35Price at this post: $367.95 Update / Reasoning: With the short call ITM, I’m rolling the 366/368 call spread out to Wednesday. Then, I’ll […]

Trade Update – 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: $652 Update: I wasn’t getting filled at the $1.50 debit, so I upped it to $1.60 and got filled. I’m raising the max net […]

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 […]