Stock / Symbol: Russell 2000 ETF / IWMStrategy: Calendar / Diagonal Put SpreadTrade entry date / price: 13 May 2021 / $217Trade exit date / price: 15 Jul 2021 / $215.03 Update / Recap: Well, IWM did it yesterday, it touched $215 and the GTC exit order filled! This trade took way longer than I […]
Stock / Symbol: Micron TechnologyStrategy: Vertical Call SpreadTrade entry date / price: 02 Jul 2021 / $79.62Trade exit date / price: 14 Jul 2021 / $78.95 Recap: The GTC exit order filled 5 minutes into trading yesterday for a credit of $2.80. This yielded a 12% return from the Vertical Call Spread on MU. Thanks […]
Stock / Symbol: QuantumScape / QSStrategy: Vertical Call SpreadTrade entry date / price: 10 Jun 2021 / $29.79Trade exit date / price: 28 Jun 2021 / $29.20 Recap: Our open exit order on the ITM Vertical Call spread on QS filled at the beginning of last week, yielding a 16.7% return. This is yet another […]
Stock / Symbol: GoPro / GPROStrategy: Calendar Call Spread / Diagonal Call SpreadTrade entry date / price: 03 May 2021 / $11.08Trade exit date / price: 03 Jun 2021 / $11.37 Update / Reasoning: My exit order, for a net credit of $1.30 per contact, filled right at market open today. Considering that GPRO failed […]
Stock / Symbol: Overstock / OSTKStrategy: Vertical Call SpreadTrade entry date / price: 06 Apr 2021 / $66.90Trade exit date / price: 30 Apr 2021 / $80.90 Entry Reasoning: Technically, OSTK was demonstrating long term support at its 200 day moving average. On the premise that OSTK would remain above $35 longer term, I entered […]
Stock / Symbol: Facebook / FBStrategy: Bear Call SpreadTrade entry date / price: 12 Apr 2021 / $310.15Trade exit date / price: 19 Apr 2021 / $305.19 Recap: My exit order was filled yesterday at 6:56am PST, locking in a 10% return on this Bear Call Spread trade. As noted yesterday, if you haven’t yet […]
Stock / Symbol: Nasdaq ETF / QQQStrategy: Iron CondorTrade entry date / price: 05 Apr 2021 / $329.93Trade exit date / price: 14 Apr 2021 / $336.62 Recap: With QQQ trading between the strikes of the short legs of this Iron Condor, my exit order was filled yesterday at 11:53am PST. This locked in a […]
Stock / Symbol: Peloton / PTONStrategy: Bull Put SpreadTrade entry date / price: 10 Mar 2021 / $112.70Trade exit date / price: 22 Mar 2021 / $109.80 Update: My exit order for a debit of $0.15 was filled yesterday at 8:07 am PST, locking in a 9% gain from a 13 day trade. Nice to […]
Stock / Symbol: Turtle Beach / HEARStrategy: Diagonal Call SpreadTrade entry date / price: 11 Jan 2021 / $20.70Trade exit date / price: 13 Jan 2021 / $22.42 Entry Reasoning: HEAR recently hit a new 52 week high and had pulled back to around its 50 day moving average, where it appeared to have found […]
Stock / Symbol: Twitter / TWTRStrategy: Put Calendar SpreadTrade entry date / price: 04 Jan 2021 / $54.50Trade exit date / price: 11 Jan 2021 / $47.00 Update: The exit order on our TWTR Put Calendar Spread filled today, 10 seconds after market open. In doing so, we captured a 42.9% return in just 6 […]