Stock / Symbol: Skillz / SKLZStrategy: Calendar Call SpreadTrade entry date / price: 21 Apr 2021 / $16.70Price at this post: $21.16 Update / Reasoning: Although it was very close today, my exit order for a credit of $4.25 per contract has not yet filled. However, with the time erosion on the short leg, I […]
Stock / Symbol: Skillz / SKLZStrategy: Calendar Call SpreadTrade entry date / price: 21 Apr 2021 / $16.70Price at this post: $18.05 Update / Reasoning: With SKLZ dropping quickly from it’s opening price of $19.44, I didn’t get filled at my limit of $4.25. I’m lowering my ask down to $3.95 in order to increase […]
Stock / Symbol: Skillz / SKLZStrategy: Calendar Call SpreadTrade entry date / price: 21 Apr 2021 / $16.70Price at this post: $19.00 Update / Reasoning: With SKLZ already trading near my price target of $20, I’m going to attempt to close the position today. I don’t normally have such a quick turn around on a […]
Stock / Symbol: Twitter / TWTRStrategy: Diagonal Put SpreadTrade entry date / price: 19 Apr 2021 / $69.51Price at this post: $67.90 Update / Reasoning: Yesterday, TWTR traded down below its 50 day average, to $66.77 before recovering right back at the 50 day average. In case that was it for the downward move, I’m […]
Stock / Symbol: Facebook / FBStrategy: Bear Call SpreadTrade entry date / price: 12 Apr 2021 / $310.15Price at this post: $305.75 Update / Reasoning: While FB hasn’t pulled back nearly to the degree I anticipated, the trade structure is providing us with a profit so far. Although we could likely let the position expire […]
Stock / Symbol: Nasdaq ETF / QQQStrategy: Iron CondorTrade entry date / price: 05 Apr 2021 / $329.93Price at this post: $338.70 Update / Reasoning: This position is currently profitable and I’m looking to close it out before Friday for a decent gain. As long as QQQ is trading over $309 and under $347 at […]
Stock / Symbol: Apple / AAPLStrategy: Bull Put SpreadTrade entry date / price: 29 Mar 2021 / $121.28Price at this post: $127.70 Update: My exit order, for a net debit of $0.25 per contract, was filled today at 11:15am PST. This locks in a 13% gain in just over a week. Trade Exit Order: BTC […]
Stock / Symbol: Nasdaq ETF / QQQStrategy: Bull Put SpreadTrade entry date / price: 30 Mar 2021 / $313.40Price at this post: $323.98 Update / Reasoning: The QQQ’s have move up nicely from our entry point, providing an opportunity to exit the position early with a better than 7% return in just a few days. […]
Update: I adjusted my sell order down to a credit of $4.75 per contract and just got filled.
Stock / Symbol: Lemonade / LMNDStrategy: Double CalendarTrade entry date / price: 25 Mar 2021 / $89.89Price at this post: $95.13 Update / Reasoning: I’m attempting to close out this trade today for a modest 11% gain. Trade Exit Details: STC 1 LMND 16Apr21 100 callBTC 1 LMND 1Apr21 100 callSTC 1 LMND 16Apr21 80 […]