This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Apple / AAPLOption Strategy: Butterfly Call SpreadTrade entry date / price: 22 May 2020 / $318.35Price at this post: $317.56 Update / Action: Entering in our closing order now in order to capitalize on even a brief pullback […]
This post is restricted to paying members. To follow are specific trade adjustment details: Stock / Symbol: The Walt Disney Co / DISStrategy: Calendar Call SpreadTrade entry date / price: 05 Mar 2020 / $113.60Price at time of this post: $122.00 Update / Adjustment: We’re now up about 60% on this trade. Going to lock […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Salesforce.com / CRMOption Strategy: Iron CondorTrade entry date / price: 01 May 2020 / $156.00Price at this post: $167.50 Reasoning: Our upside stop has been triggered, so we’re going to close the trade here to avoid further loss. […]
Stock / Symbol: ProShares Ultra Natural Gas ETF / BOILOption Strategy: Diagonal Call SpreadTrade entry date / price: 10 Jan 2020 / $8.49Price at this post: $58.50 (post 10x reverse split) Update: BOIL did a 10x reverse split on Apr 20th. Our current position (19June 6 strike calls) is up a bit, easing the loss […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Grubhub / GRUBOption Strategy: Calendar Call SpreadTrade entry date / price: 16 Apr 2020 / $40.55Price at this post: $48.25 Reasoning: Ahead of GRUB’s scheduled earnings announcement tomorrow afternoon, we’re currently up over 50% on this trade. So, […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: United Parcel Service / UPSOption Strategy: Broken Wing Butterfly Call SpreadTrade entry date / price: 24 Apr 2020 / $99.555Price at this post: $98.02 Reasoning: UPS has flopped on its earnings announcement, so we’re going to close the […]
Stock / Symbol: LYFT / LYFTOption Strategy: Synthetic Long SpreadTrade entry date / price: 25 Nov 2019 / $48.88Price at this post: $28.88 Reasoning: This trade has turned out to be a casualty of the COVID-19 market selloff. We’re going to close it out and take the loss. However, we will look to enter a […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Docusign / DOCUOption Strategy: Broken Wing Butterfly Call SpreadTrade entry date / price: 09 Apr 2020 / $89.30Price at this post: $101.14 Update: DOCU has reached our price target of $101 today, so we’re going to enter in […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Direxion ETF Small Cap Bear / TZAStrategy: Calendar Call SpreadTrade entry date / price: 14 Feb 2020 / $33.60Price at this post: $34.05 Reasoning: The combination of a market pullback and increased volatility has our position in TZA […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Spdr Energy ETF / XLEOption Strategy: Bull Put SpreadTrade entry date / price: 27 Jan 2020 / $55.33Price at this post: $54.52 Reasoning: With XLE trading above our short strike of $54, it’s looking like we’ll be able […]