Trade Entry – SPY Broken Wing Put Butterfly

This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: SPDR S&P 500 ETF / SPYOption Strategy: Broken Wing Put ButterflyTrade entry date: 25 Apr 2024Price at this post: $501.85 Reasoning: Given the current market conditions, I’ve got a bearish bias for at least the next 15 to […]

Trade Entry: ULTA Bull Put Spread

This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Ulta Beauty / ULTAStrategy: Bull Put SpreadTrade post date: 17 Apr 2024Price at this post: $428 Reasoning: ULTA is way down, down by 25%, following its earnings release last month. On the premise that ULTA is technically sold […]