Stock / Symbol: Facebook / FBStrategy: Bear Call SpreadTrade entry date / price: 12 Apr 2021 / $310.15Price at this post: $305.75 Update / Reasoning: While FB hasn’t pulled back nearly to the degree I anticipated, the trade structure is providing us with a profit so far. Although we could likely let the position expire […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Twitter / TWTRStrategy: Diagonal Put SpreadTrade post date: 19 Apr 2021Price at this post: $69.50 Reasoning: Technically, TWTR is indicating a short term pullback to either the 50 day average ($67.70), or lower to the $60 to $50 […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Canopy Growth Corp / CGCStrategy: Diagonal Call SpreadTrade post date: 18 Apr 2021Price at this post: $27.80 Reasoning: CGC has pulled back 49% from it’s high in February, following the run up after the November elections. Technically, CGC […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Gold Miners ETF / GDXStrategy: Diagonal Call SpreadTrade post date: 14 Apr 2021Price at this post: $35.75 Reasoning: Technically, GDX looks to have bottomed back in march and has recently broken out above its 50 day moving average. […]
Stock / Symbol: Nasdaq ETF / QQQStrategy: Iron CondorTrade entry date / price: 05 Apr 2021 / $329.93Trade exit date / price: 14 Apr 2021 / $336.62 Recap: With QQQ trading between the strikes of the short legs of this Iron Condor, my exit order was filled yesterday at 11:53am PST. This locked in a […]
Stock / Symbol: Nasdaq ETF / QQQStrategy: Iron CondorTrade entry date / price: 05 Apr 2021 / $329.93Price at this post: $338.70 Update / Reasoning: This position is currently profitable and I’m looking to close it out before Friday for a decent gain. As long as QQQ is trading over $309 and under $347 at […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Facebook / FBStrategy: Bear Call SpreadTrade post date: 12 Apr 2021Price at this post: $310.05 Reasoning: Technically, FB has peaked near term and is indicating a pullback to at least its 17 day moving average (currently at $295). […]
Stock / Symbol: Apple / AAPLStrategy: Bull Put SpreadTrade entry date / price: 29 Mar 2021 / $121.28Price at this post: $127.70 Update: My exit order, for a net debit of $0.25 per contract, was filled today at 11:15am PST. This locks in a 13% gain in just over a week. Trade Exit Order: BTC […]
Correction: I was actually filled at a net credit of $0.21 on the posted adjustment.
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: $13.40 Update: I’m rolling the short $18 strike call to another $18 call expiring on Apr 30th. The current […]