Trade Adjustment – CGC Bull Put Spread

This post is restricted to paying members. To follow are open trade adjustment details: Stock / Symbol: Canopy Growth Corp / CGCStrategy: Diagonal Call Spread + Bull Put spreadTrade entry date / price: 18 Apr 2021 / $27.80Price at this post: $7.60 Update / Reasoning: With the Bull Put portion of this trade ITM, I’m […]

Trade Exit – PYPL Iron Condor

This post is restricted to paying members. To follow are specific active trade details: Stock / Symbol: Paypal / PYPLStrategy: Vertical Call Spread to Iron CondorTrade entry date / price: 28 Feb 2022 / $110.10Price at this post: $122 Reasoning: Upside stop triggered, closing position for a loss. Trade Exit Order: BTC 1 PYPL 20May22 […]

Trade Entry – QQQ Calendar Put 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: 30 Mar 2022Price at this post: $370.20 Reasoning: Technically, QQQ is over extended / over bought. On the premise that QQQ has peaked in the near term, I’m entering […]

Trade Exit – FB Bull Put Spread

Stock / Symbol: Meta / FBStrategy: Bull Put SpreadTrade post date: 22 Feb 2022 / $204.60Price at this post: $225 Reasoning: My profitability target for this position has been reached. Taking profits here. Trade Exit Order: BTC 1 FB 20May22 175 putSTC 1 FB 20May22 170 put For a max net debit of $0.50 per […]

Trade Update – BABA Diagonal Call Spread

This post is restricted to paying members. To follow are specific active trade details: Stock / Symbol: Alibaba / BABAStrategy: Bull Put Spread / Iron Butterfly / Diagonal Call SpreadTrade entry date / price: 30 Nov 2021 / $130Price at this post: $120.40 Update: The short 175 call expired worthless last Friday. I’m now going […]

Trade Exit – QCOM Calendar Call Spread

Stock / Symbol: Qualcomm / QCOMStrategy: Calendar Call SpreadTrade entry date / price: 15 Mar 2022 / $143.35Price at this post: $150 Reasoning: Per the trade plan, exiting the position as it’s reached $150 + Trade Exit Order: STC 1 QCOM 15Jul22 150 callBTC 1 QCOM 14Apr22 150 call For a min net credit of […]

Trade Entry – QCOM Calendar Call Spread

This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Qualcomm / QCOMStrategy: Calendar Call SpreadTrade post date: 15 Mar 2022Price at this post: $143.35 Reasoning: Technically, QCOM is demonstrating some very bearish signals, closing well below its 200 day average this week. Fundamentally, however, I think that […]