This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Chegg / CHGG Strategy: Bull Put SpreadTrade post date: 02 Nov 2021Price at this post: $32.82 Reasoning: CHGG, operator of a direct-to-student learning platform, down over 45% today following negative reaction to their earnings announcement and a multitude […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Microsoft / MSFTOption Strategy: Iron CondorTrade entry date / price: 15 Oct 2021 / $302.65Price at this post: $332.23 Update / Reasoning: With MSFT trading higher than the strike of the position’s short call, I’m making another adjustment […]
Stock / Symbol: Vuzix / VUZIStrategy: Diagonal Call SpreadTrade entry date / price: 21 Oct 2021 / $11.00Price at this post: $12.90 Update / Reasoning: Going into this trade, I was targeting an exit for a 10 to 15% return. With VUZI now up nicely from the entry point, the position is currently up about […]
This post is restricted to paying members. To follow are specific active trade details: Stock / Symbol: Ballard Power Systems / BLDPStrategy: Bull Put + Bear Call SpreadTrade entry date / price: 24 Jun 2021 / $17.70Price at this post: $18.65 Update / Reasoning: With the current position up a bit, I’m going to take […]
This post is restricted to paying members. To follow are specific active trade details: Stock / Symbol: Gold Miners ETF / GDXStrategy: Diagonal Call Spread+ Long PutTrade entry date / price: 13 Aug 2021 / $32.80Price at this post: $33.30 Update / Reasoning: With GDX trading right near the sweet spot for the position’s max […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Microsoft / MSFTOption Strategy: Iron CondorTrade entry date / price: 15 Oct 2021 / $302.65Price at this post: $324 Reasoning: Following a positive earnings announcement, MSFT is trading above the short 320 strike call, forcing an adjustment. To […]
Stock / Symbol: Capital One / COFStrategy: Short Butterfly Put Spread / Put Calendar / Put DiagonalTrade post date: 23 Sep 2021 / $167Price at this post: $153.50 Update / Reasoning: Despite reporting really good earnings numbers, COF is down over 6% on the news. In hindsight, it would have been best to just be […]
This post is restricted to paying members. To follow are specific active trade details: Stock / Symbol: ContextLogic / WISHStrategy: Diagonal Call SpreadTrade entry date / price: 2 Aug 2021 / $10.09Price at this post: $5.55 Update / Reasoning: The short 7.5 strike call & 5/4.5 put spread both expired worthless last Friday, enabling me […]
Stock / Symbol: Capital One / COFStrategy: Short Butterfly Put Spread / Put Calendar / Put DiagonalTrade post date: 23 Sep 2021 / $167Price at this post: $166.40 Update / Reasoning: I’m not very confident that COF will do well following its earnings announcement tomorrow. So, I’m going to roll the short put down to […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Canadian National RailwaysStrategy: Bear Call SpreadTrade post date: 25 Oct 2021Price at this post: $135.40 Reasoning: Technically, CNI is just way overbought. It’s currently up about 18% from where it was 3 weeks ago and is now trading […]