Trade Exit – AMD Diagonal Call Spread

Stock / Symbol: Advanced Micro Devices / AMD Strategy: Diagonal Call SpreadTrade entry date / price: 1 Jun 2021 / $81.01Price at this post: $80.20 Update / Reasoning: With AMD now trading lower than it was upon this position’s entry, I’m just going to close it out here to realize the trade’s gain. Current Greeks […]

Trade Adjustment – IWM Calendar Put Spread

This post is restricted to paying members. To follow are specific trade adjustment details: Stock / Symbol: Russell 2000 ETF / IWMStrategy: Calendar Put SpreadTrade entry date / price: 13 May 2021 / $217Price at this post: $230.80 Update/Reasoning: Attempting to take advantage of the Russell 2k’s upward move today and close out the short […]

Trade Adjustment – IWM Calendar Put Spread

This post is restricted to paying members. To follow are specific trade adjustment details: Stock / Symbol: Russell 2000 ETF / IWMStrategy: Calendar Put SpreadTrade entry date / price: 13 May 2021 / $217Price at this post: $229.95 Update/Reasoning: Today, IWM has broken above it’s upper trading channel and is looking like it wants to […]

Trade Entry – XOM Bull Put Spread

This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Exxon Mobil / XOMStrategy: Bull Put SpreadTrade post date: 07 Jun 2021Price at this post: $61.50 Reasoning: The price of oil has been trading in the 60 range for a few months now and, technically, appears to be […]

Trade Exit Order – GLD Diagonal Put Spread

This post is restricted to paying members. To follow are specific active trade details: Stock / Symbol: Gold ETF / GLDStrategy: Diagonal Put SpreadTrade entry date / price: 25 May 2021 / $176.15Price at this post: $175.27 Update / Reasoning: After over a week in this trade, we finally saw GLD have a significant down […]

Trade Recap – GPRO Calendar Call Spread

Stock / Symbol: GoPro / GPROStrategy: Calendar Call Spread / Diagonal Call SpreadTrade entry date / price: 03 May 2021 / $11.08Trade exit date / price: 03 Jun 2021 / $11.37 Update / Reasoning: My exit order, for a net credit of $1.30 per contact, filled right at market open today. Considering that GPRO failed […]

Trade Exit – WKHS Calendar Call Spread

This post is restricted to paying members. To follow are specific active trade details: Stock / Symbol: Workhorse Group / WKHSStrategy: Calendar Call SpreadTrade entry date / price: 17 Mar 2021 / $16.35Price at this post: $16.35 Update / Reasoning: Taking advantage of the huge pop up with WKHS stock this week and exiting the […]