Trade Exit – GDX Diagonal Call Spread

This post is restricted to paying members. To follow are specific active trade details: Stock / Symbol: Gold Miners ETF / GDXStrategy: Diagonal Call Spread+ Long PutTrade entry date / price: 13 Aug 2021 / $32.80Price at this post: $33.30 Update / Reasoning: With GDX trading right near the sweet spot for the position’s max […]

Trade Adjustment – MSFT Iron Condor

This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Microsoft / MSFTOption Strategy: Iron CondorTrade entry date / price: 15 Oct 2021 / $302.65Price at this post: $324 Reasoning: Following a positive earnings announcement, MSFT is trading above the short 320 strike call, forcing an adjustment. To […]

Trade Adjustment – COF Put Diagonal

Stock / Symbol: Capital One / COFStrategy: Short Butterfly Put Spread / Put Calendar / Put DiagonalTrade post date: 23 Sep 2021 / $167Price at this post: $166.40 Update / Reasoning: I’m not very confident that COF will do well following its earnings announcement tomorrow. So, I’m going to roll the short put down to […]

Trade Entry – CNI Bear Call Spread

This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Canadian National RailwaysStrategy: Bear Call SpreadTrade post date: 25 Oct 2021Price at this post: $135.40 Reasoning: Technically, CNI is just way overbought. It’s currently up about 18% from where it was 3 weeks ago and is now trading […]

Trade Entry – VUZI Diagonal Call Spread

This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Vuzix / VUZIStrategy: Diagonal Call SpreadTrade post date: 21 Oct 2021Price at this post: $11.00 Reasoning: The down trend for VUZI appears to have finally halted. So, I’m going long on VUZI again with a Diagonal Call spread, […]

Trade Adjustment – DAL Bull Put Spread

This post is restricted to paying members. To follow are specific active trade details: Stock / Symbol: Delta Airlines / DALStrategy: Bull Put SpreadTrade entry date / price: 12 Oct 2021 / $43.50Price at this post: $40.40 Update / Reasoning: With DAL trading lower following its earnings report, and with the short put ITM, I […]