Stock / Symbol: Honeywell International / HONStrategy: Diagonal Put SpreadTrade exit date / price: 29 Nov 2022 / $217.00Price at this post: $213.25 Update: With HON down about $4 from it’s price at the onset of this trade, the position is currenlty up by about 17%. With my goal for a 30% return on risk, […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Take Two Interactive / TTWOStrategy: Bull Put SpreadTrade entry date / price: 22 Nov 2022 / $98.45Price at this post: $106.68 Update: About 10 days into this trade, the position is currently up about 10%. With my plan […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Exxon Mobil / XOMStrategy: Put Calendar SpreadTrade entry date / price: 23 Nov 2022 / $113.30Price at this post: $110 Update / Reasoning: Price target of $110 hit. Closing the position here for a quick win. The current […]
Stock / Symbol: YETI Holdings / YETIStrategy: Bear Call SpreadTrade entry date / price: 14 Nov 2022 / $43.76Price at this post: $42.16 Update / Reasoning: Thanks mostly to a drop in Implied Volatility on a position that is short Vega, this trade is already profitable. With my goal for the trade being an exit […]
Stock / Symbol: Gold Miners ETF / GDXStrategy: Diagonal Call SpreadTrade entry date / price: 14 Jul 2022 / $25.70Price at this post: $28.10 Update / Reasoning: With GDX now up above $28, and thanks to the numerous calls sold against the position, this trade is now up by about 29% . The position’s Delta […]
Stock / Symbol: Meta Platforms / METAStrategy: Bull Put SpreadTrade entry date / price: 27 Oct 2022 / $100Price at this post: $114.20 Update / Reasoning: With my goals for this trade now met (A – within 3 weeks; B – META trading between $110 and $115), I’m closing out this position to lock in […]
Stock / Symbol: Delta Airlines / DALStrategy: Bear Call SpreadTrade post date: 19 Oct 2022 / $32.50Price at this post: $32.75 Update: My standing order to exit the position for a debit of $0.40 was filled yesterday, with DAL trading down around $31.50. Trade Exit Order:BTC 1 DAL 16Dec22 36 callSTC 1 DAL 16Dec22 41 […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: United Parcel ServiceStrategy: Bull Put SpreadTrade entry date / price: 28 Sep 2022 / $165.15Price at this post: $168.90 Update / Reasoning: My plan was to exit the trade within 3 weeks for about a 15% return on […]
Stock / Symbol: Verizon / VZStrategy: Diagonal Call SpreadTrade entry date / price: 13 Oct 2022 / $36.26Price at this post: $37.05 Update / Reasoning: With the position already up about 12%, and with VZ set to report earnings this Friday, I’m just going to take profits here. The current net position Greeks on this […]
Stock / Symbol: Adobe / ADBEStrategy: Bull Put SpreadTrade entry date / price: 20 Sep 2022 / $289.69Price at this post: $301.70 Reasoning: After an initial dip following the onset of the trade, ADBE has traded up about 4%. This position is currently profitable and since it’s about a week beyond my 3 week time […]