Stock / Symbol: Nasdaq ETF / QQQStrategy: Calendar Put SpreadTrade entry date / price: 04 May 2021/ $330.79Price at this post: $327.07 Update / Reasoning: I’m thinking there’s a good chance that the QQQ’s will hold at the 50 day moving average (about $325). So, I’m entering in an exit order now, which should fill […]
Stock / Symbol: Dow ETF / DIAStrategy: Vertical Put SpreadTrade entry date / price: 29 Apr 2021 / $338.10Price at this post: $342.45 Reasoning: Upside stop at $342.44 was triggered today, exiting the trade now to avoid further loss on this position. Trade Exit Order:STC 1 DIA 14May21 345 putBTC 1 DIA 14May21 342 put […]
Stock / Symbol: Chewy / CHWYStrategy: Bull Put SpreadTrade entry date / price: 26 Apr 2021 / $80.51Price at this post: $77.47 Reasoning: Concerned about the overall market dropping, I’d like to take the risk of this trade off. I’m attempting to close the position today for a small gain. Trade Exit Order: BTC 1 […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Nasdaq ETF / QQQStrategy: Calendar Put SpreadTrade post date: 04 May 2021Price at this post: $330.79 Reasoning: I’m expecting a further pullback in the market, especially in the Nasdaq. On that premise, I’m entering into a Calendar Put […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: GoPro / GPROStrategy: Calendar Call SpreadTrade post date: 02 May 2021Price at this post: $11.23 Reasoning: I would consider this to be a fairly speculative trade, but GPRO has been on a steady uptrend from under $5 to […]
Stock / Symbol: Overstock / OSTKStrategy: Vertical Call SpreadTrade entry date / price: 06 Apr 2021 / $66.90Trade exit date / price: 30 Apr 2021 / $80.90 Entry Reasoning: Technically, OSTK was demonstrating long term support at its 200 day moving average. On the premise that OSTK would remain above $35 longer term, I entered […]
Stock / Symbol: Overstock / OSTKStrategy: Vertical Call SpreadTrade entry date: 06 Apr 2021 / $66.90Price at this post: $79.00 Update / Reasoning: Although this trade’s time horizon is 5 months, I’m entering an exit order here to attempt to exit the trade earlier, with about a 15% return. With OSTK at it’s current level, […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Dow ETF / DIAStrategy: Vertical Put SpreadTrade post date: 29 Apr 2021Price at this post: $338 Reasoning: Technically, the DOW looks to have peaked this week. Expecting a market pullback, I’m going with an ITM Vertical Put Spread […]
This post is restricted to paying members. To follow are specific active trade details: Stock / Symbol: Gold Miners ETF / GDXStrategy: Diagonal Call SpreadTrade entry date / price: 14 Apr 2021 / $35.70Price at this post: $35.55 Update / Reasoning: The call on the short leg of this position, which I sold for $0.24 […]
Stock / Symbol: Skillz / SKLZStrategy: Calendar Call SpreadTrade entry date / price: 21 Apr 2021 / $16.70Trade exit date / price: 27 Apr 2021 / $20.49Price at this post: $19.75 Update: With SKLZ under $21 pre-market, I kept my exit order for a credit of $4.25 in place. At 6:33am PST, my order was […]