Stock / Symbol: Peloton / PTONStrategy: Bull Put SpreadTrade entry date / price: 10 Mar 2021 / $112.70Price at this post: $107.65 Update / Reasoning: With time working in our favor, our PTON Bull But spread is currently profitable. If the stock holds this current level by market open on Monday, there’s a decent chance […]
Stock / Symbol: Beyond Meat / BYNDStrategy: Bull Put SpreadTrade entry date / price: 26 Feb 2021 / $149.90Price at this post: $138.15 Update: Despite trading lower from where it was at this trade’s entry point, we’re going to be able to let the put spread we sold expire worthless today and capture this trade’s […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Workhorse Group / WKHSStrategy: Calendar Call SpreadTrade post date: 17 Mar 2021Price at this post: $16.35 Reasoning: With long term support at the $13 to $14 level, and with a recent high of $42.96, I’m entering into a […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: GameStop / GMEStrategy: Vertical Put SpreadTrade post date: 17 Mar 2021Price at this post: $215 Reasoning: Just going with a highly speculative trade here on GME on the premise that the stock will tank after its earnings announcement […]
Stock / Symbol: Netflix / NFLXStrategy: Vertical Call SpreadTrade entry date / price: 25 Feb 2021 / $547Price at this post: $527 Update / Reasoning: This trade saw NFLX piercing down thru its 50 moving average and testing support at the $500 level. Now, however, with NFLX recovering nicely over the past few days, we’re […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Peloton / PTONStrategy: Bull Put SpreadTrade post date: 09 Mar 2021Price at this post: $115.40 Reasoning: PTON has pulled back significantly from it’s high of $171 earlier this year, but looks to have found support at the $95 […]
Stock / Symbol: Regeneron Pharmaceuticals / REGN Strategy: Bull Put SpreadTrade entry date / price: 16 Feb 2021 / $485Price at this post: $474.87 Update: Despite REGN pulling back from its price at our entry point, this position is up nicely and close to my profit target. So, I’m entering in the GTC exit order […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Ultra Short QQQ ETF / SQQQStrategy: Calendar Call SpreadTrade post date: 04 Mar 2021Price at this post: $14.97 Reasoning: Technically, the Nasdaq appears poised to drop further, back its 200 day average. On that premise, I’m going into […]
Stock / Symbol: AMC Entertainment / AMCStrategy: Diagonal Call SpreadEntry date / price: 19 Feb 2021 / $5.65Exit date / price: 02 Mar 2021 / $8.88 Update: My exit order at a credit of $2.95 will filled yesterday, at 10:40am PST.
Stock / Symbol: AMC Entertainment / AMCStrategy: Diagonal Call SpreadEntry date / price: 19 Feb 2021 / $5.65Price at this post: $8.97 Update / Reasoning: Although AMC is up nearly 60% from the trade entry point, the position structure is unable to capitalize on such a significant move. With the Delta going from 27 to […]