Stock / Symbol: Small Cap Bull 3x / TNAOption Strategy: Diagonal Call SpreadTrade entry date / price: 11 May 2023 / $28.80Price at this post: $35.40 Update / Reasoning: With the net position Delta turning negative, time to take profits on this trade. At entry, the net position Greeks were approximately: 31.5 Delta, -4.4 Gamma, […]
Stock / Symbol: S&P 500 ETF / SPYStrategy: StrangleTrade post date: 01 May 2023 / $416.30Price at this post: $404.20 Update / Reasoning: With the position up by over 40%, I’m taking profits here. The current net position greeks are: -14.9 Delta, 1.2 Gamma, -9.9 Theta, and 81.41 Vega. Trade Exit Order:STC 1 SPY 21Jul23 […]
Stock / Symbol: Nvidia/ NVDAStrategy: Broken Wing Butterfly Put SpreadTrade post date: 13 Apr 2023 / $267.58Price at this post: $286 Reasoning: Upside stop triggered. Closing out this trade for a loss. Trade Exit Order:STC 1 NVDA 19May23 260 putBTC 2 NVDA 19May23 250 putsSTC 1 1 NVDA 19May23 245 put For a min net […]
This post is restricted to paying members. To follow are specific active trade details: Stock / Symbol: Apple / AAPLStrategy: Bear Call SpreadTrade entry date / price: 05 Apr 2023 / $163.35Price at this post: $167.08 Update / Reasoning: I had set a 3 week goal / time stop for this trade. Additionally, AAPL is […]
Stock / Symbol: S&P 500 ETF / SPYStrategy: Bear Call SpreadTrade post date / price: 29 Mar 2023 / $399.70Price at this post: $411.70 Update / Reasoning: As we’re at the 3-week time stop planned for this trade, I’m going exit the position today. Although SPY is up over 11 points from where it was […]
This post is restricted to paying members. To follow are specific active trade details: Stock / Symbol: Nasdaq ETF / QQQStrategy: Calendar Put SpreadTrade post date: 15 Mar 2023 / $294.70Price at this post: $315 Update / Reasoning: Upside stop hit. Closing here to limit additional loss on this trade. Trade Exit Order: STC 1 […]
Stock / Symbol: Electronic Arts / EAStrategy: Bull Put SpreadTrade post date: 08 Feb 2023 / $113.35Price at this post: $118.02 Update / Reasoning: Profit target level reached. I’m entering in a GTC exit order now. The current position Greeks are: 5.5 Delta, -0.5 Gamma, 0.4 Theta, and -3.3 Vega. Trade Entry Order: BTC 1 […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: MNDY / Monday.comStrategy: Bull Put SpreadTrade post date: 27 Feb 2023 / $158.25Price at this post: $143.00 Update / Reasoning: Price stop triggered. Closing position here for a loss. Trade Exit Order:BTC 1 MNDY 21Apr23 140 putSTC 1 […]
This post is restricted to paying members. To follow are specific active trade details: Stock / Symbol: SPDR Discretionary ETF / XLYStrategy: Diagonal Put SpreadTrade post date: 19 Jan 2023 / $135.55Price at this post: $145.50 Update / Reasoning: With XLY gapping up today and the chart indicating a technical support point at $143, I’m […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Twilio / TWLOStrategy: Bear Call SpreadTrade post date: 16 Feb 2023Price at this post: $72.90 Reasoning: With TWLO trading under $74, the position has already reached my 10% profit target. Taking profits here. Trade Exit Order:BTC 1 TWLO […]