Exit Order Adjustment – SRS Diagonal Call Spread

Stock / Symbol: Proshares Ultra Short Real Estate ETF / SRSStrategy: Diagonal Call SpreadTrade post date: 05 Aug 2022 / $15.00Price at this post: $15.90 Update / reasoning: Came close but didn’t get filled asking $2.35 per contract. With SRS recovering from another dip, I’m adjusting the exit order down to $2.20 per contract. The […]

Trade Exit – BBBY Calendar Put Spread

This post is restricted to paying subscribers. Stock / Symbol: Bed Bath & BeyondOriginal Strategy: Put Calendar SpreadTrade post date: 17 Aug 2022 / $25Price at this post: $8.80 Reasoning / Update: Rather than continue to battle this trade, I think it’s just best to admit that my downside target of $12 on entry was […]

Trade Exit – META Bull Put Spread

This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Meta Platforms / METAStrategy: Bull Put SpreadTrade post date: 01 Sep 2022 / $162.95Price at this post: $170.80 Update / Reasoning: With META trading over $170, per my plan, I’m taking profits on this trade. The current net […]

Trade Adjustment -SPCE Diagonal Call Spread

This post is restricted to paying members. To follow are specific active trade details: Stock / Symbol: Virgin Galactic / SPCEStrategy: Diagonal Call SpreadTrade post date: 25 Aug 2022 / $6.32Price at this post: $5.97 Reasoning: With the 7 strike call most likely expiring worthless today, I’m rolling it out to another call expiring in […]

Trade Exit Order – SRS Diagonal Call Spread

Stock / Symbol: Proshares Ultra Short Real Estate ETF / SRSStrategy: Diagonal Call SpreadTrade post date: 05 Aug 2022 / $15.00Price at this post: $16.42 Update / reasoning: With SRS now trading in my target range, I’m going to enter in the exit order. I’m attempting to squeeze out a little more profit from the […]

Trade Entry – META Bull Put Spread

This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Meta Platforms / METAStrategy: Bull Put SpreadTrade post date: 01 Sep 2022Price at this post: $162.95 Reasoning: Technically, META is fairly close to a support level. Additionally, on an ugly day for market, I think it’s a positive […]

Trade Adjustment – BBBY Put Calendar

This post is restricted to paying subscribers. Stock / Symbol: Bed Bath & BeyondStrategy: Put Calendar SpreadTrade post date: 17 Aug 2022 / $25Price at this post: $9.65 Reasoning / Update: BBBY’s announcement that they’re going to sell additional shares has the stock down over 22%. As the short put is now well ITM, I’m […]

Trade Adjustment – SRS Diagonal Call Spread

This post is restricted to paying members. To follow are specific active trade details: Stock / Symbol: Proshares Ultra Short Real Estate ETF / SRSStrategy: Diagonal Call SpreadTrade post date: 05 Aug 2022 / $15.00Price at this post: $15.48 Update / reasoning: The initial call sold against the position expired worthless a couple of Friday’s […]