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 […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Delta Airlines / DALStrategy: Bear Call SpreadTrade post date: 19 Oct 2022Price at this post: $32.50 Reasoning: On the premise that the airline industry is closing in on a technical resistance level, I’m looking at a Bear Call […]
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 […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Verizon / VZStrategy: Diagonal Call SpreadTrade post date: 13 Oct 2022Price at this post: $36.26 Reasoning: Technically, VZ is very oversold. Fundamentally, VZ is currently trading at PE ratio of just 7.3. So, on a bet that, in […]
This post is restricted to paying members. To follow are specific active trade details: Stock / Symbol: Gold Miners ETF / GDXStrategy: Diagonal Call SpreadTrade entry date / price: 14 Jul 2022 / $25.70Price at this post: $25.05 Update / Reasoning: The short call expired worthless last week, enabling me to retain the full initial […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: United Parcel ServiceStrategy: Bull Put SpreadTrade post date: 28 Sep 2022 / $165.15Price at this post: $165.15 Upadate: I had to lower my bid to a credit of $1.20 in order to get filled. Here’s the revised order […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: United Parcel ServiceStrategy: Bull Put SpreadTrade post date: 28 Sep 2022Price at this post: $164.77 Reasoning: With UPS pulling back on FedEx’s bad news, I’m looking for a support level. Technically, it looks like UPS has long term […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Twitter / TWTRStrategy: Vertical Put SpreadTrade post date: 20 Jul 2022 / $39.70Price at this post: $41.82 Update / Reasoning: With TWTR holding pretty firm at the $40 level, and with the net Theta 2x as negative as […]
This post is restricted to paying members. To follow are specific active trade details: Stock / Symbol: ETSY.com / ETSYStrategy: Diagonal Call SpreadTrade post date: 14 Sep 2022 / $109.50Price at this post: $99 Update / Reasoning: Downside stop triggered. Closing trade for a loss. Trade Exit Order:STC 1 ETSY 18Nov22 110 calllBTC 1 ETSY […]