Trade Entry – SPCE Diagonal Call Spread

This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Virgin Galactic / SPCEStrategy: Diagonal Call SpreadTrade post date: 25 Aug 2022Price at this post: $6.32 Reasoning: SPCE has demonstrated technical support at the $5.85 level for the past few months. On the premise that SPCE is rebounding […]

Trade Exit – IWM Bear Call Spread

This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: iShares Russell 2000 ETF / IWMOption Strategy: Bear Call SpreadTrade entry date: 10 Aug 2022 / $194.90Price at this post: $191.60 Reasoning: My exit plan for this trade was to exit within 2 to 3 weeks. At the […]

Trade Entry – BBBY Put Calendar

This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Bed Bath & Beyon dStrategy: Put Calendar SpreadTrade post date: 17 Aug 2022Price at this post: $25 Reasoning: All you need to do is walk into a Bed Bath & Beyond store and you’ll realize that this company’s […]

Trade Entry – IWM Bear Call Spread

This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: iShares Russell 2000 ETF / IWMOption Strategy: Bear Call SpreadTrade entry date: 10 Aug 2022Price at this post: $194.90 Reasoning: With the market up big today on positive inflation news, I’m entering a Bear Call position on IWM […]

Trade Adjustment – 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 SpreadTrade entry date / price: 14 Jul 2022 / $25.70Price at this post: $27 Reasoning: The Short call expired worthless last week. I’m now selling another call against the position. After […]

Trade Exit – SPY Bear Call Spread

Stock / Symbol: S&P 500 ETF / SPYStrategy: Bear Call SpreadTrade entry date / price: 22 Jul 2022 / $397.60Price at this post: $416.30 Reasoning: Per my plan to stop out with the cost to buy back the spread at 2x the credit received, I’m stopping out. Trade Exit Order:BTC 1 SPY 16Sep22 420 callSTC […]

Trade Entry – SRS Diagonal Call Spread

This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Proshares Ultra Short Real Estate ETF / SRSStrategy: Diagonal Call SpreadTrade post date: 05 Aug 2022Price at this post: $15.00 Reasoning: On the premise that rising interest rates will have a negative effect on the real estate market, […]