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 […]
This post is restricted to paying members. To follow are specific active trade details: Stock / Symbol: Apple / AAPLStrategy: Bull Put SpreadTrade entry date / price: 05 Jan 2023 / $126.55Price at this post: $127.40 Update: I’m entering the GTC exit order now. To get filled quickly, AAPL will need to be trading over […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Apple / AAPLStrategy: Bull Put SpreadTrade post date: 05 Jan 2023Price at this post: $126.55 Reasoning: Technically, AAPL has long term support at the $120. On the premise that AAPL won’t drop much below $120, I’m entering into […]
Stock / Symbol: Newmont / NEMStrategy: Diagonal Call SpreadTrade entry date / price: 08 Dec 2022 / $47.22Price at this post: $51.05 Update / Reasoning: Price target hit, going to take profits. Also, the position’s delta has gone from 21.6 at entry to -6.5 = time to go. Trade Exit Order:STC 1 NEM 19Jan24 45 […]