Stock / Symbol: United Airlines / UALOption Strategy: Diagonal Call SpreadTrade entry date / price: 04 Jun 2020 / $38.55Trade exit date / price: 16 Nov 2020 / $41.32 Recap: We were filled on our exit order today at 7:14 am PST. Closing Position Details: Long 1 UAL 18 Jun21 35 callShort 1 UAL 20 […]
Stock / Symbol: Beyond Meat / BYNDStrategy: Broken Wing Butterfly Put SpreadTrade entry date / price: 14 Oct 2020 / $188.30Trade exit date / price: 20 Oct 2020 / $176.85 Recap: Our exit order was filled yesterday at 12:10 pm PST for a nice, quick 39% return. Position:Long 1 BYND 30Oct20 175 putShort 2 BYND […]
Stock / Symbol: Small Cap Bull 3x / TNAOption Strategy: Diagonal Call Spread, adjusted to a Calendar Call SpreadTrade entry date / price: 28 Feb 2020 / $47.60Trade exit date / price: 12 Oct 2020 / $39.78 Recap: This was likely our longest lasting trade to date. A little over 7 months ago, we started […]
Stock / Symbol: Johnson & Johnson / JNJStrategy: Calendar Call SpreadTrade entry date / price: 01 Oct 2020 / $148.15Trade exit date / price: 09 Oct 2020 / $149.65 Recap: We got filled first thing this morning, giving us a nice 15 – 17% return over 8 calendar days. Position Details: Long 1 JNJ 18 […]
Stock / Symbol: Slack Technologies / WORKStrategy: Diagonal Call SpreadTrade entry date / price: 14 Aug 2020 / $28.35Trade exit date / price: 06 Oct 2020 / $29.01 Recap: Our exit order filled today for a 15% return. Position Review: Long 1 WORK 18Jun21 28 call – in @ $6.65 debit, out @ $6.20 creditShort […]
Stock / Symbol: Weibo / WBStrategy: Bull Put SpreadTrade entry date / price: 04 Sep 2020 / $35.84Price at this post: $36.82 Update: With WB up today and trading comfortably higher than our short 34 strike put, we’re going to be able to let this position expire worthless today and realize the trade’s full profit […]
Stock / Symbol: UBERStrategy: Diagonal Call SpreadTrade entry date / price: 17 Jul 2020 / $32.00Trade exit date / price: 11 Sep 2020 / $36.99 Recap: Our exit order was filled last Friday at 12:35pm PST for a credit of $9.10. With an entry at a debit of $7.27 + a credit of $0.29 for […]
Stock / Symbol: Johnson & Johnson / JNJStrategy: Long Put ButterflyTrade entry date / price: 28Aug 2020 / $152.79Trade exit date / price: 04Sep2020 / $148.59 Recap: This trade was reminder of the adage that your price target will often hit, just not when you want it to. We hit our target of $152.50 the […]
Stock / Symbol: Walgreens Boots Alliance / WBAStrategy: Calendar Call SpreadTrade entry date / price: 31 Jul 2020 / $40.37Trade exit date / price: 11 Aug 2020 / $42.97 Update: Shortly after posting the trade exit details today for our WBA position, I was filled at the $5.00 credit price we set. Trade Details:Long 1 […]
Stock / Symbol: Lennar / LENOption Strategy: Vertical Put SpreadTrade entry date / price: 17 Jun 2020 / $64.40Price at this post: $58.50 Update: Our closing order filled this morning, giving us an 80% return in 12 calendar days. Position Details: Long 1 LEN 17Jul20 60 putShort 1 LEN 17Jul20 55 put Entered at a […]