This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: DISH Network / DISHOption Strategy: Diagonal Call SpreadTrade post date: 08 Jun 2023 / $7.40Price at this post: $6.68 Update / Reasoning: Looking like DISH found a bottom at the beginning of this week, I’m taking off the […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: S&P 500 ETF / SPYStrategy: StrangleTrade post date: 29 Jun 2023Price at this post: $437.25 Reasoning: With SPY’s implied volatility (IV) at the very low end of its recent range, I’m entering into a Strangle position on SPY […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Duolingo / DUOLStrategy: Bear Put SpreadTrade post date: 22 Jun 2023 / $141.98Price at this post: $140.30 Update / Reasoning: Yesterday’s and today’s trading activity is indicating to me that the stock is attempting to form support here […]
This post is restricted to paying members. To follow are active trade details: Stock / Symbol: Oracle / ORCLStrategy: Bear Call SpreadTrade post date: 13 Jun 2023 / $119.08Price at this post: $118.75 Update/Reasoning: Taking advantage of today’s down market and closing this trade out for a win. Trade Exit Order: BTC 2 ORCL 15Sep232 […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Duolingo / DUOLStrategy: Bear Put SpreadTrade post date: 22 Jun 2023 / $141.98Price at this post: $140.00 Update / Reasoning: With the trade already going my way (up about 7%) and being that the position is Theta negative, […]
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: $5.60 Update / Reasoning: This week, SPCE has gapped up to the $5 range. Thus, the position is now well in […]
This post is restricted to paying members. To follow are active trade details: Stock / Symbol: Oracle / ORCLStrategy: Bear Call SpreadTrade post date: 13 Jun 2023 / $119.08Price at this post: $125.25 Update: Upside stop price hit. Adjusting the position by rolling out a month and up to the 130/135 spread. The adjusted Greeks […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Oracle / ORCLStrategy: Bear Call SpreadTrade post date: 13 Jun 2023Price at this post: $119.08 Reasoning: Following ORCL’s positive earnings announcement yesterday, the stock is up 3% today and about 13% above its 17 day moving average. On […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: DISH Network / DISHOption Strategy: Diagonal Call SpreadTrade post date: 08 Jun 2023Price at this post: $7.40 Reasoning: DISH has established technical support at the $6 level. Fundamentally, at a PE Ratio of 2.13, DISH could also be […]