Trade Adjustment – WFC Covered Call

This post is restricted to paying members. To follow are specific active trade details: Stock / Symbol: Wells Fargo / WFCStrategy: Bull Put Spread / Covered CallTrade post date: 04 May 2022 / $44.90Price at this post: $41.40 Update / Reasoning: With WFC up nicely (on an earnings miss) I’m rolling out the short call […]

Trade Entry – GDX Diagonal Call Spread

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 Jul 2022Price at this post: $25.70 Reasoning: With GDX trading at its 52 week low, I’m putting on a Diagonal Call Spread on GDX, on the premise […]

Trade Entry – XLE Bull Put Spread

This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Spdr Energy ETF / XLEOption Strategy: Bull Put SpreadTrade post date: 06 Jul 2022Price at this post: $66.90 Reasoning: Technically, the energy sector has pulled back somewhat significantly from its highs last month. On the premise being that […]

Trade Adjustment – WFC Covered Call

This post is restricted to paying members. To follow are specific active trade details: Stock / Symbol: Wells Fargo / WFCStrategy: Bull Put Spread / Covered CallTrade post date: 04 May 2022 / $44.90Price at this post: $39.45 Update / Reasoning: I’m selling another call against the position. If possible, I’m looking to close the […]