Trade Adjustment – NLS Diagonal Call Spread

This post is restricted to paying members. To follow are specific active trade details: Stock / Symbol: Nautilus / NLSStrategy: Diagonal Call Spread / Calendar Call SpreadTrade entry date: 20 May 2021 / $17.85Price at this post: $10.88 Update / Reasoning: With the short 17.5 strike call nearly worthless already, I’m rolling it down to […]

Trade Exit – QQQ Bear Call Spread

Stock / Symbol: Nasdaq ETF / QQQStrategy: Calendar Put SpreadTrade entry date / price: 07 Sep 2021 / $380.90Price at this post: $379.55 Update / Reasoning: My standing closing order to exit the position for a 7% return was filled this morning. Trade Exit Order: BTC 2 QQQ 15Sep21 389 callsSTC 2 QQQ 15Sep21 391 […]

Trade Update – BLDP Bull Put Spread

This post is restricted to paying members. To follow are specific active trade details: Stock / Symbol: Ballard Power Systems / BLDPStrategy: Bull Put SpreadTrade entry date / price: 24 Jun 2021 / $17.70Price at this post: $16.95 Update / Reasoning: BLDP found support again, at the 14.5 level, and is now trading above its […]

Trade Recap – IWM Iron Condor

Stock / Symbol: iShares Russell 2000 ETF / IWMOption Strategy: Iron CondorTrade entry date / price: 30 Aug 2021 / $226.43Trade exit date / price: 01 Sep 2021 / $226.40 Recap: With IWM essentially at the same level as it was upon entry, I was able to close out the position just 2 days into […]

Trade Entry – QQQ Bear Call Spread

This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Nasdaq ETF / QQQStrategy: Calendar Put SpreadTrade post date: 07 Sep 2021Price at this post: $380.90 Reasoning: Technically, QQQ is over extended / over bought. On the premise that QQQ has peaked in the near term, I’m entering […]

Trade Adjustment – AAPL Diagonal Put Spread

This post is restricted to paying members. To follow are specific trade adjustment details: Stock / Symbol: Apple / AAPLStrategy: Diagonal Put SpreadTrade entry date / price: 23 Aug 2021 / $148.20Price at this post: $154.54 Update / Reasoning: With AAPL now trading significantly above the position’s long put strike, I’m rolling the short put […]

Trade Exit – IWM Iron Condor

Stock / Symbol: iShares Russell 2000 ETF / IWMOption Strategy: Iron CondorTrade entry date / price: 30 Aug 2021 / $226.43Price at this post: $225.40 Reasoning: With IWM essentially at the same level as it was upon entry, this position is already up over 25%. I’m going to see if I can close out this […]