Trade Exit – SMH Unbalanced Call Butterfly

May 16, 2024 | By Positive Theta

Stock / Symbol: VanEck Semiconductor ETF / SMHOption Strategy: Unbalanced Call ButterflyTrade entry date / price: 02 May 2024 / $208.50Price at this post: $235 Update: With the positions’ options expiring tomorrow, I’m closing out the trade for a moderate loss today to avoid assignment of the deep ITM short calls. I was horribly wrong […]

trade update

Trade Update – ULTA Bull Put Spread

May 16, 2024 | By Positive Theta

This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Ulta Beauty / ULTAStrategy: Bull Put SpreadTrade entry date / price: 17 Apr 2024 / $428Price at this post: $405.10 Update / Reasoning: On May 7th, with ULTA under my $395 stop price, I’m adjusted the position to […]

trade adjustment

Trade Adjustment – SMH Unbalanced Call Butterfly

May 06, 2024 | By Positive Theta

This post is restricted to paying members. To follow are active trade details: Stock / Symbol: VanEck Semiconductor ETF / SMHOption Strategy: Unbalanced Call ButterflyTrade entry date / price: 02 May 2024 / $208.50Price at this post: $221 Update: With SMH opening up above its 50 day MA, the tone has definitely shifted positive for […]

trade entry

Trade Entry – SMH Unbalanced Call Butterfly

May 02, 2024 | By Positive Theta

This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: VanEck Semiconductor ETF / SMHOption Strategy: Unbalanced Call ButterflyTrade entry date: 02 May 2024Price at this post: $208.50 Reasoning: On the premise that the semiconductor stocks (NVDA, AMD, MU, TSM) are all overbought, I’m going to play my […]

Positive Theta Trading Method

The goal is to generate monthly returns of at least 5 to 10% per trade by selling option spreads and keeping losses to an absolute minimum by focusing on high probability trades and utilizing powerful adjustment techniques when necessary. Your account will receive monthly income, which you can either pull out to spend or re-invest to compound your earnings. Only the best trades for the strategy are selected, resulting in 4 to 6 high-probability trades per month. We do not go for home-runs, just consistent singles. If you’re looking to make 100+% on every trade, this site is not for you. Per the strategy, the most commonly used options strategies are: iron condors, condors, butterflies, calendars, double calendars, and double diagonals. The current market conditions dictate which strategy will be used, allowing you to profit whether the market is going up, down, or sideways.