Trade Exit – SKX Double Diagonal

Feb 07, 2020 | By Positive Theta

This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Skechers USA / SKXStrategy: Double Diagonal SpreadTrade entry date / price : 06 Feb 2020 / $38.15Price at this post: $43.70 Reasoning: At $43.70, SKX is a bit higher than we want it but we should be able […]

trade exit

Trade Exit – TSLA Bear Call Spread

Jan 31, 2020 | By Positive Theta

Stock / Symbol: Tesla / TSLAOption Strategy: Bear Call SpreadTrade entry date / price: 22 Jan 2020 / $570Price at this post: $641.50 Reasoning: With our short call well ITM, we need to close the position today. Trade Exit Details: BTC 1 TSLA 31Jan20 600 callSTC 1 TSLA 31Jan20 602.50 call For a max net […]

trade exit

Trade Exit – CSX Calendar Spread

Jan 24, 2020 | By Positive Theta

Stock / Symbol: CSX Corp / CSXOption Strategy: Calendar Call SpreadTrade entry date: 17 Jan 2020Price at this post: $76.60 Reasoning: Even though CSX is only up 10 cents from our entry point, our Calendar Spread has performed nicely. We’re going to take profits here. The position’s current Greeks are: 33.8 Delta, 1.6 Theta and […]

trade exit, trade revision

Exit Order Adjustment – NFLX Double Calendar

Jan 21, 2020 | By Positive Theta

This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Netflix / NFLXOption Strategy: Double CalendarTrade entry date: 14 Jan 2020Price at this post: $336 Update: Updating our exit order so that we can get filled. Current Greeks are: 3.3 Delta, 233.4 Theta, and 47.9 Vega. Trade Exit […]

trade exit

Trade Exit – NFLX Double Calendar

Jan 20, 2020 | By Positive Theta

This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Netflix / NFLXOption Strategy: Double CalendarTrade entry date: 14 Jan 2020Price at this post: $339.67 Update / Reasoning: Price wise, our trade is in a perfect spot with NFLX still trading at about the same level as our […]

trade exit

Trade Exit – MRVL Synthetic Long

Dec 27, 2019 | By Positive Theta

This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Marvell Tech / MRVLOption Strategy: Synthetic Long Trade entry date / price: 12 Dec 2019 / $25.60Price at this post: $26.69 Reasoning: MRVL hit our price target of $27 today, so we’re going to take profits. The current […]

trade exit

Trade Exit – TNA Bear Call Spread

Dec 27, 2019 | By Positive Theta

Stock / Symbol: SmallCap 3x Bull / TNAOption Strategy: Bear Call spreadTrade entry date / price: 22 Nov 2019 / $62.35Price at this post: $72.65 Reasoning: With our position ITM, we were assigned the short calls. We’re going to close the position now. Closing Trade Details: BTC 200 shares TNAat market price. I was filled […]

trade exit

Trade Exit – AMZN Reverse Iron Condor

Dec 26, 2019 | By Positive Theta

This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Amazon / AMZNOption Strategy: Reverse Iron Condor Trade entry date / price: 15 Nov 2019 / $1749Price at this post: $1861 Reasoning: While AMZN has moved up nicely, it didn’t happen soon enough. We’re going to close the […]

trade exit

Closing Trade – SPX Bear Call Spread

Dec 20, 2019 | By Positive Theta

Stock / Symbol: S&P 500 / SPXOption Strategy: Bear Call spreadTrade entry date / price: 25 Oct 2019 / $3008Price at this adjustment: $3222.73 Reasoning: With today’s gap up, SPX is showing no signs of slowing down so we’re going to close the position out. Closing Trade Details: BTC 1 SPX 20Dec19 3090 callSTC 1 […]

trade adjustment, trade exit

Exit Order Adjustment – ZS Double Calendar

Dec 06, 2019 | By Positive Theta

Stock / Symbol: Zscaller / ZSOption Strategy: Double CalendarTrade entry date / price : 03 Dec 2019 / $51.75Price at this post: $46.85 Update: Our order to close the entire position didn’t get filled, so we’re going to just sell the long put here and let everything else expire worthless. Trade Exit Details: STC 1 […]

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.