This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: SPDR Discretionary ETF / XLYStrategy: Diagonal Put SpreadTrade post date: 19 Jan 2023 / $135.55Price at this post: $143.60 Update / Reasoning: With XLY nearing its short term resistance level of $147, I’m taking profits on the long […]
Stock / Symbol: World Wrestling Entertainment / WWEStrategy: Bear Call SpreadTrade post date: 06 Jan 2023 / $88.05Price at this post: $87.05 Reasoning: With this position close to my profit goal of 10%, I’m entering in the exit order now. If I’m not filled by Friday, I’ll adjust the exit order to ensure it’s filled. […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: SPDR Discretionary ETF / XLYStrategy: Diagonal Put SpreadTrade post date: 19 Jan 2023 / $135.55Price at this post: $140.70 Reasoning: With XLY getting close to my upside stop, I’m going to adjust the position by using the profit […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: SPDR Discretionary ETF / XLYStrategy: Diagonal Put SpreadTrade post date: 19 Jan 2023Price at this post: $135.55 Reasoning: With the economy slowing down, and interest rates rising, I’m expecting to see a drop in consumer discretionary spending. To […]
Stock / Symbol: General Electric / GEStrategy: Bear Call SpreadTrade entry date / price: 12 Jan 2023 / $78.65Price at this post: $77.00 Update / Reasoning: GE is finally starting to show signs of reversing lower. However, with GE’s earnings announcement coming next Tuesday morning, I’m running out of time on this trade. Per my […]
Stock / Symbol: Canopy Growth Corp / CGCStrategy: Diagonal Call Spread + Bull Put spreadTrade entry date / price: 18 Apr 2021 / $27.80Price at this post: $2.61 Update / Reasoning: Finally putting this disaster of a trade to bed. Closing out the Bull Put spread and just letting the long calls expire worthless. Trade […]
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: $5.50 Update / Reasoning: With the calls sold against the position, the cost basis of my long call is now $2.60. […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: General Electric / GEStrategy: Bear Call SpreadTrade post date: 12 Jan 2023Price at this post: $78.65 Reasoning: GE is up over 30% from its lows in mid December. Also, it’s looking like investors are anticipating a very positive […]
Stock / Symbol: Apple / AAPLStrategy: Bull Put SpreadTrade entry date / price: 05 Jan 2023 / $126.55Price at this post: $132 Update: With my the position within my profit target at about 13%, I’m closing this trade here. I’m going to adjust the open exit order as follows below.. Adjusted Exit Order: BTC 1 […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: World Wrestling Entertainment / WWEStrategy: Bear Call SpreadTrade post date: 06 Jan 2023Price at this post: $88.05 Reasoning: WWE is up over 20% today on news that Vince McMahon is returning to its Board of Directors. On the […]