Stock / Symbol: General Motors / GMStrategy: Diagonal Put SpreadTrade entry date / price: 25 Aug 2021 / $49.80Price at this post: $50.65 Reasoning: With GM trading near the strike of the position’s short put, I’m going to attempt close out the position for a relatively quick, 6,4% return. On entry, the net position Greeks […]
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: 12 Aug 2021 / $32.80Price at this post: $32.35 Update / Reasoning: With the value of the long 30 put / short 34 call […]
This post is restricted to paying members. To follow are specific trade adjustment details: Stock / Symbol: Apple / AAPLStrategy: Diagonal Put SpreadTrade entry date / price: 23 Aug 2021 / $148.20Price at this post: $149.75 Update / Reasoning: With AAPL pulling back more rapidly than I expected, I’m rolling the short 147 put down […]
This post is restricted to paying members. To follow are specific active trade details: Stock / Symbol: Nautilus / NLSStrategy: Diagonal Call Spread / Calendar Call SpreadTrade entry date: 20 May 2021 / $17.85Price at this post: $10.88 Update / Reasoning: With the short 17.5 strike call nearly worthless already, I’m rolling it down to […]
Stock / Symbol: Nasdaq ETF / QQQStrategy: Calendar Put SpreadTrade entry date / price: 07 Sep 2021 / $380.90Price at this post: $379.55 Update / Reasoning: My standing closing order to exit the position for a 7% return was filled this morning. Trade Exit Order: BTC 2 QQQ 15Sep21 389 callsSTC 2 QQQ 15Sep21 391 […]
This post is restricted to paying members. To follow are specific trade adjustment details: Stock / Symbol: Apple / AAPLStrategy: Diagonal Put SpreadTrade entry date / price: 23 Aug 2021 / $148.20Price at this post: $155.45 Update / Reasoning: With the 10Sep21 146 put nearly worthless, I’m rolling it out and up to a 147 […]
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: $16.20 Update / Reasoning: With CGC now down 42% from where it was at this position’s entry, a […]
This post is restricted to paying members. To follow are specific active trade details: Stock / Symbol: Ballard Power Systems / BLDPStrategy: Bull Put SpreadTrade entry date / price: 24 Jun 2021 / $17.70Price at this post: $16.95 Update / Reasoning: BLDP found support again, at the 14.5 level, and is now trading above its […]
Stock / Symbol: iShares Russell 2000 ETF / IWMOption Strategy: Iron CondorTrade entry date / price: 30 Aug 2021 / $226.43Trade exit date / price: 01 Sep 2021 / $226.40 Recap: With IWM essentially at the same level as it was upon entry, I was able to close out the position just 2 days into […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Nasdaq ETF / QQQStrategy: Calendar Put SpreadTrade post date: 07 Sep 2021Price at this post: $380.90 Reasoning: Technically, QQQ is over extended / over bought. On the premise that QQQ has peaked in the near term, I’m entering […]