Stock / Symbol: Amazon / AMZN Strategy: Bull Put Spread Trade entry date / price: 16 Nov 2020 / $3122 Price at this post: $3156 Reasoning: Entering in the exit order now, to fill with 78% of the profit potential captured. This position’s current Greeks are: 0.4 Delta, 7.2 Theta, and -1.9 Vega. Trade Exit […]
Stock / Symbol: Workhorse / WKHSStrategy: Calendar Call SpreadTrade entry date / price: 09 Nov 2020 / $18.88Price at this post: $20.99 Reasoning: With WKHS moving up in price, I’d like to get our exit order in now, to fill with WKHS trading at/near our price target of $22. As usual, we’re using a GTC […]
Stock / Symbol: United Airlines / UALOption Strategy: Diagonal Call SpreadTrade entry date / price: 04 Jun 2020 / $38.55Price at this post: $40.55 Update: With UAL trading near the level of our short leg of the trade, we’re going to enter in the exit order here to book the win. Trade exit order: STC […]
Stock / Symbol: Draft Kings / DKNGStrategy: Calendar Call SpreadTrade entry date / price: 03 Nov 2020 / $39.30Price at this post: $41.14 Update: We haven’t been filled yet at our desired level prior to tomorrow’s earnings announcement. I’m opting to take a gamble here and hold the position thru the announcement. So, I’m adjusting […]
This post is restricted to paying members. To follow are specific trade adjustment details: Stock / Symbol: Walgreens / WBAStrategy: Diagonal Call SpreadTrade entry date / price: 17 Sep 2020 / $37.18Price at this post: $39.32 Update / Reasoning: Our trade exit stop with WBA trading at/over $39.00 has been hit so we’re going to […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Draft Kings / DKNGStrategy: Calendar Call SpreadTrade entry date / price: 03 Nov 2020 / $39.30Price at this post: $41.97 Update: With DKNG trading higher from our entry point, we’re currently up on the trade. DKNG is scheduled […]
Stock / Symbol: S&P 500 INDEX / SPXStrategy: Iron CondorTrade entry date / price: 26 Oct 2020 / $3382.76Price at this post: $3375 Update: SPX has rebounded nicely from its lows on Friday. In an attempt to get out of the way of a negative reaction to this evening’s election results, we’re going to try […]
Stock / Symbol: S&P 500 INDEX / SPXStrategy: Iron CondorTrade entry date / price: 26 Oct 2020 / $3382.76Price at this post: $3251 Update: With SPX in real danger of closing the day under our short put strike, we’re adjusting our exit order, shooing for a break even on the trade. If we’re not filled […]
Stock / Symbol: S&P 500 INDEX / SPXStrategy: Iron CondorTrade entry date / price: 26 Oct 2020 / $3382.76Price at this post: $3297 Update: With SPX to trading close to our short put strike, we need to watch this position closely today. Going to enter in an exit order with the idea of getting out […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: SPDR GOLD ETF / GLDStrategy: Iron CondorTrade entry date / price: 22 Oct 2020 / $178.75Price at this post: $179.25 Update: So far, with GLD trading near our entry price, this trade is performing well. Going to enter […]