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 […]
Stock / Symbol: Invesco Solar ETF / TANStrategy: StrangleTrade entry date / price: 18 May 2023 / $70.35Price at this post: $70.85 Update / Reasoning: Three-week time stop hit today. Closing the trade here. Trade Exit Order:BTC 1 TAN 21Jul23 65 put For a max net debit of $0.95 per contract (GTC order, limit order). […]
Stock / Symbol: Small Cap Bull 3x / TNAOption Strategy: Diagonal Call SpreadTrade entry date / price: 11 May 2023 / $28.80Price at this post: $35.40 Update / Reasoning: With the net position Delta turning negative, time to take profits on this trade. At entry, the net position Greeks were approximately: 31.5 Delta, -4.4 Gamma, […]
This post is restricted to paying members. To follow are specific active trade details: Stock / Symbol: BioTech ETF / XBIAdjusted Strategy: Call Diagonal SpreadTrade entry date / price: 02 Feb 2023 / $91.75Price at this post: $85.55 Current Position: Short -1 XBI 16Jun23 90 callLong 1 XBI 16Jun23 94 call@ a net credit of […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Invesco Solar ETF / TANStrategy: StrangleTrade entry date / price: 18 May 2023 / $70.35Price at this post: $72 Reasoning: With it looking like support has been established at the $68 level, I’m selling a put here against […]