This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Ballard Power Systems / BLDPStrategy: Bull Put SpreadTrade entry date / price: 24 Jun 2021 / $17.70Price at this post: $15.62 Update / Reasoning: With the short put ITM, I’m rolling the spread out, down, and wider. Doing […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Nasdaq ETF / QQQStrategy: Iron CondorTrade post date: 12 Jul 2021Price at this post: $361.00 Reasoning: I’m entering into an ATM Iron Condor on QQQ with the expectation that I will need to adjust the trade prior to […]
This post is restricted to paying members. To follow are specific active trade details: Stock / Symbol: Activision / ATVIStrategy: Vertical Call SpreadPost date / price: 28 Jun 2021 / $94.77Trade entry date / price: 08 Jul 2021 / $92.40Price at this post: $91.88 Update: The open trade entry order filled yesterday, at market open, […]
Stock / Symbol: Gold ETF / GLDStrategy: Diagonal Call SpreadTrade post date: 24 Jun 2021 / $166.43Price at this post: $169.45 Reasoning: With GLD trading up to our short call strike, I’m going to close out the trade here for about a 6% return . As the long 162.5 strike put is essentially worthless, I’m […]
This post is restricted to paying members. To follow are specific trade adjustment details: Stock / Symbol: S&P 500 ETF / SPYStrategy: Iron CondorTrade entry date / price: 28 Jun 2021 / $426.24Price at this post: $432.35 Update / Reasoning: With the options expiring today, I’m rolling the bear call out to next Friday. With […]
This post is restricted to paying members. To follow are specific active trade details: Stock / Symbol: Micron TechnologyStrategy: Vertical Call SpreadTrade entry date / price: 02 Jul 2021 / $79.62Price at this post: $80.60 Update / Reasoning: Entering in the GTC exit order now, structured to capture a 12% return from the trade. The […]
Stock / Symbol: Russell 2000 ETF / IWMStrategy: Calendar / Diagonal Put SpreadTrade entry date / price: 13 May 2021 / $217Price at this post: $226 Update/Reasoning: Selling a further OTM put against the long put in order to bring the position Theta back to positive. After this adjustment, the Greeks on this position will […]
Stock / Symbol: QuantumScape / QSStrategy: Vertical Call SpreadTrade entry date / price: 10 Jun 2021 / $29.79Trade exit date / price: 28 Jun 2021 / $29.20 Recap: Our open exit order on the ITM Vertical Call spread on QS filled at the beginning of last week, yielding a 16.7% return. This is yet another […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Micron TechnologyStrategy: Vertical Call SpreadTrade post date: 02 Jul 2021Price at this post: $79.62 Reasoning: While MU has dropped 6.5% following its earnings announcement this week, I think it was a good report and I’m seeing technical support […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: American Airlines / AALStrategy: Bull Put SpreadTrade post date: 02 Jul 2021Price at this post: $21.42 Reasoning: In April, AAL found support at around $20. With AAL pulling back from its recent highs, I’m expecting the stock to […]