This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: International Business Machines / IBMStrategy: Vertical Call SpreadTrade post date: 17 May 2021Price at this post: $145.15 Reasoning: Last week, IBM dipped a bit below its 17 day moving average, but recovered nicely and is now trading back […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: S&P 500 / SPXStrategy: Bull Put SpreadTrade entry date / price: 10 May 2021 / $4229.50Price at this post: $4167 Update / Reasoning: I’m looking to add a Bear Call Spread to the position, making it an Iron […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Gamestop / GMEStrategy: Calendar Put SpreadTrade post date: 14 May 2021Price at this post: $158.75 Reasoning: Noticing that the trading volume has really dried up, my theory is that GME is running out of buyers. On that theory, […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Russell 2000 ETF / IWMStrategy: Calendar Put SpreadTrade post date: 13 May 2021Price at this post: $217.00 Reasoning: I’m expecting a further pullback in the market and to play that premise, I’m entering into a Calendar Put 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: $8.22 Update / Reasoning: With the downside stop triggered, I’m going to adjust this position to lower the current […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: S&P 500 / SPXStrategy: Bull Put SpreadTrade entry date / price: 10 May 2021 / $4229.50Price at this post: $4150 Update / Reasoning: With SPX failing to hold at the 17 day average, and with it nearly triggering […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: S&P 500 / SPXStrategy: Bull Put SpreadTrade post date: 10 May 2021Price at this post: $4230 I had the wrong order on this trade entry post. Below is the correct order. Trade Entry Order: STO 1 SPX 19May21 […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: S&P 500 / SPXStrategy: Bull Put SpreadTrade post date: 10 May 2021Price at this post: $4230 Reasoning: Short term, I’m expecting the SPX to find support at its 17 day average (around 4180). On that premise, I’m entering […]
Stock / Symbol: Gold Miners ETF / GDXStrategy: Diagonal Call SpreadTrade entry date / price: 14 Apr 2021 / $35.70Price at this post: $37.55 Update / Reasoning: With GDX nearing the strike of our short call, I’m entering in a GTC exit order that should fill either with GDX trading up to the $38.50 level, […]
Stock / Symbol: Nasdaq ETF / QQQStrategy: Calendar Put SpreadTrade entry date / price: 04 May 2021/ $330.79Price at this post: $333.65 Update / Reasoning: Not only did we just miss getting a fill yesterday for a win, but sure enough, the QQQ’s bounced back up, finding support near its 50 day average. So frustrating […]