This post is restricted to paying members. Stock / Symbol: Microsoft / MSFTStrategy: Long Put Butterfly + Long Call ButterflyTrade entry date / price: 14 Aug 2020 / $208.50Price at this post: $211.90 Reasoning: With MSFT trading close to our upside max profit price, we’re going to close this one out here for a win. […]
This post is restricted to paying members. Stock / Symbol: Advanced Micro Devices / AMDStrategy: PutTrade entry date / price: 31 Jul 2020 / $76.96Price at this post: $76.88 Update / Reasoning: For a few days there, a put on AMD was looking like a really bad idea. However, AMD is now actually trading bit […]
Stock / Symbol: Walgreens Boots Alliance / WBAStrategy: Calendar Call SpreadTrade entry date / price: 31 Jul 2020 / $40.37Price at this post: $43.09 Update / Reasoning: With WBA trading over our calendar’s strike price, we’re going to enter in a closing order now. lt may take a few days to get filled. The current […]
This post is restricted to paying members. Stock / Symbol: Zoom Video / ZMStrategy: Calendar Put SpreadTrade entry date / price: 31 Jul 2020 / $251.52Price at this post: $270.64 Update / Reasoning: Upside stop hit, exiting the trade. Trade Exit Order Details:STC 1 ZM 18Sep20 200 putBTC 1 ZM 21Aug20 200 put For a […]
This post is restricted to paying members. : Stock / Symbol: TSLAStrategy: Vertical Put SpreadTrade entry date / price: 09 Jul 2020 / $1376Price at this post: $1460 Update / Reasoning: It’s looking like Friday’s low of 1366 was the low we were looking for, just 26 points shy of our target. Adjusting the exit […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: TSLAStrategy: Vertical Put SpreadTrade entry date / price: 09 Jul 2020 / $1376Price at this post: $1440 Update / Reasoning: Entering in our closing order now in case our target price ($1340) is only briefly touched before TSLA […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Invesco QQQ Trust (Nasdaq ETF) / QQQStrategy: Broken Bear Call SpreadTrade entry date / price: 05 Jul 2020 / $257.45Price at this post: $259.09 Update / Reasoning: With QQQ trading under our short $262 call, we could allow […]
Stock / Symbol: iShares Silver Trust / SLVOption Strategy: Diagonal Call SpreadTrade entry date / price: 03 Apr 2020 / $13.54Price at this post: $18.03 Reasoning: With both our short call ITM + expiring today and our position within $20 of the max profit on the trade, we’re going to close this position here and […]
Stock / Symbol: Advanced Micro Devices / AMDStrategy: Broken Wing Butterfly Call SpreadTrade entry date / price: 30 Jun 2020 / $52.05Price at this post: $54.90 Reasoning: With AMD having moved up nicely from our entry point, we’re going to set our sell order to close the trade out early with a target profit of […]
Stock / Symbol: Lennar / LENOption Strategy: Vertical Put SpreadTrade entry date / price: 17 Jun 2020 / $64.40Price at this post: $58.50 Reasoning: Looks like LEN is finding support at the $57.50 level, so we’re going to adjust our exit order a bit to increase our chances of getting filled. The Greeks on this […]