Stock / Symbol: Target / TGTStrategy: Bear Call SpreadTrade entry date / price: 06 Mar 2024 / $172.38Trade exit date / price: 13 Mar 2024 / $167.24 Recap: My exit order for a debit of $1.40 per contract was filled today, right at market open. Realized return of 22% within 6 trading days. My trading […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Constellation Energy / CEGStrategy: Bear Call SpreadTrade post date: 06 Mar 2024Price at this post: $164.50 Reasoning: CEG is up by about 24% following a positive earnings announcement at the end of February. On the premise that CEG […]
This post is restricted to paying members. To follow are active trade details: Stock / Symbol: Target / TGTStrategy: Bear Call SpreadTrade entry date / price: 06 Mar 2024 / $172.38Price at this post: $168.85 Update: The current position is up by about 16%. I’m entering in my exit order now, which if filled, will […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Target / TGTStrategy: Bear Call SpreadTrade post date: 06 Mar 2024Price at this post: $172.38 Reasoning: TGT is up by about 14% following a very positive earnings last week announcement. On the premise that TGT is technically overbought […]
Stock / Symbol: Walgreens Boots Alliance / WBAOption Strategy: Diagonal Call SpreadTrade entry date / price: 02 Nov 2023 / $21.51Price at this post: $23.06 Update / Reasoning: The 22.5 strike call expired worthless back on Nov 24th. Now, with WBA up above my target price of $23, I’m going to take profits on this […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Ulta Beauty / ULTAStrategy: Bear Call SpreadTrade post date: 05 Dec 2023Price at this post: $483.19 Reasoning: ULTA is up by about 13% following a very positive earnings last week announcement. On the premise that ULTA is technically […]
Stock / Symbol: Duolingo / DUOLStrategy: Bear Call SpreadTrade entry date / price: 10 Nov 2023 / $209Price at this post: $217.85 Reasoning: I don’t like that DUOL recently found support at its 17 day average. As I’ve lost conviction in the trade, I’m exiting here for a small loss. At the moment, the net […]
Stock / Symbol: Dexcom / DXCMStrategy: Calendar Call SpreadTrade entry date / price: 01 Sep 2023 / $101.25Price at this post: $108.25 Update / Reasoning: With DXCM closing in on my upside target of $110, I’m entering in my exit order here. As of now, the net position Greeks are: 8.4 Delta, -2.3 Gamma, 3.9 […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Duolingo / DUOLStrategy: Bear Call SpreadTrade post date: 10 Nov 2023Price at this post: $209 Reasoning: DUOL, operator of a language learning app, is up nearly 25% following a very positive earnings announcement. On the premise that this […]
This post is restricted to paying members. To follow are active trade details: Stock / Symbol: Dexcom / DXCMStrategy: Calendar Call SpreadTrade entry date / price: 01 Sep 2023 / $101.25Price at this post: $98.30 Update / Reasoning: The call sold at position entry expired worthless, enabling me to keep the captured premium and reduce […]