This post is restricted to paying members. To follow are specific active trade details: Stock / Symbol: Alibaba / BABAStrategy: Bull Put Spread / Iron ButterflyTrade entry date / price: 30 Nov 2021 / $130Price at this post: $129 Reasoning: With technical support at the 124 – 125 level, there’s a decent chance that BABA […]
This post is restricted to paying members. To follow are open trade adjustment details: Stock / Symbol: Canopy Growth Corp / CGCStrategy: Diagonal Call Spread + Bull Put spreadTrade entry date / price: 18 Apr 2021 / $27.80Price at this post: $8.68 Update / Reasoning: Selling a call against the long 15 strike call to […]
Stock / Symbol: Chewy / CHWYStrategy: Bull Put SpreadTrade entry date / price: 10 Dec 2021 / $51.85Price at this post: $59.35 Update / Reasoning: Although there are still 21 days left on this trade, it’s reached approximately 93% of it’s maximum profitability. So, I’m closing it out now to book the win. Trade Exit […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Advanced Micro Devices / AMD Strategy: Iron CondorTrade post date: 31 Dec 2021Price at this post: $145.85 Reasoning: A On the premise that AMD will trade within a range of 130 to 165 in January I’m entering into […]
This post is restricted to paying members. To follow are specific active trade details: Stock / Symbol: iShares Russell 2000 ETF / IWMOption Strategy: Iron CondorTrade entry date / price: 13 Dec 2021 / $215Price at this post: $221.65 Reasoning: In hindsight, I should have taken profits on the additional long 206 put when IWM […]
This post is restricted to paying members. To follow are specific active trade details: Stock / Symbol: iShares Russell 2000 ETF / IWMOption Strategy: Iron CondorTrade entry date / price: 13 Dec 2021 / $215Price at this post: $211.50 Reasoning: IWM is again testing support at $211. As a means of playing a short term […]
This post is restricted to paying members. To follow are specific active trade details: Stock / Symbol: iShares Russell 2000 ETF / IWMOption Strategy: Iron CondorTrade entry date / price: 13 Dec 2021 / $215Price at this post: $219.50 Reasoning: IWM demonstrated support at $211 yesterday. Taking off the long put spread. Trade Adjustment:STC 1 […]
This post is restricted to paying members. To follow are open trade adjustment details: Stock / Symbol: Canopy Growth Corp / CGCStrategy: Diagonal Call SpreadTrade entry date / price: 18 Apr 2021 / $27.80Price at this post: $8.80 Update / Reasoning: With 12.5/10.0 put spread ITM and expiring this friday, I’m rolling it down to […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: iShares Russell 2000 ETF / IWMOption Strategy: Iron CondorTrade entry date: 13 Dec 2021Price at this post: $215.00 Reasoning: IWM has been trading in a range between 210 and 244 since February. On the premise that IWM will […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Chewy / CHWYStrategy: Bull Put SpreadTrade post date: 10 Dec 2021Price at this post: $51.85 Reasoning: Yes, CHWY’s earnings announcement wasn’t great. However, I do think that, fundamentally, CHWY has good value in the $40 to $45 range. […]