Stock / Symbol: Walgreens Boots Alliance / WBAOption Strategy: Diagonal Call SpreadTrade entry date / price: 02 Nov 2023 / $21.51Price at this post: $23.06 Update / Reasoning: The 22.5 strike call expired worthless back on Nov 24th. Now, with WBA up above my target price of $23, I’m going to take profits on this […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Ulta Beauty / ULTAStrategy: Bear Call SpreadTrade post date: 05 Dec 2023Price at this post: $483.19 Reasoning: ULTA is up by about 13% following a very positive earnings last week announcement. On the premise that ULTA is technically […]
Stock / Symbol: Duolingo / DUOLStrategy: Bear Call SpreadTrade entry date / price: 10 Nov 2023 / $209Price at this post: $217.85 Reasoning: I don’t like that DUOL recently found support at its 17 day average. As I’ve lost conviction in the trade, I’m exiting here for a small loss. At the moment, the net […]