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: $154.54 Update / Reasoning: With AAPL now trading significantly above the position’s long put strike, I’m rolling the short put […]
Stock / Symbol: iShares Russell 2000 ETF / IWMOption Strategy: Iron CondorTrade entry date / price: 30 Aug 2021 / $226.43Price at this post: $225.40 Reasoning: With IWM essentially at the same level as it was upon entry, this position is already up over 25%. I’m going to see if I can close out this […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Apple / AAPLStrategy: Diagonal Put SpreadTrade entry date / price: 23 Aug 2021 / $148.20Price at this post: $151.74 Update / Reasoning: Taking profits on the long call here.. Trade Adjustment Details: STC 1 AAPL 10Sep21 157.50 callAt […]
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: 30 Aug 2021Price at this post: $226.43 Reasoning: IWM has been trading in a range between 210 and 234 since February. On the premise that IWM will […]
Correction: I accidentally rolled the short 143 put to another 143 put. In doing so, I gave incorrect min credit figures for the 143 to 144 roll. I’ve made the correction in my account my rolling the 03Sep21 143 put to a 144 put. Here are the correct figures for the roll: BTC 1 AAPL […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Apple / AAPLStrategy: Diagonal Put SpreadTrade entry date / price: 23 Aug 2021 / $148.20Price at this post: $147.95 Update / Reasoning: With AAPL trading above the position’s short put strike, I’m rolling the short put up and […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: General Motors / GMStrategy: Diagonal Put SpreadTrade entry date: 25 Aug 2021Price at this post: $49.80 Reasoning: Since reaching a 15 year high back in June, GM has pulled back quite significantly, below its 200 day average. I […]
For the long, protective call, the expiration should be Sep 3, 2021. BTO 1 AAPL 3Sep21 155 callAt the market. I was filled at 0.49
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Apple / AAPLStrategy: Diagonal Put SpreadTrade entry date: 23 Aug 2021Price at this post: $148.20 Reasoning: With AAPL still trading near where it was last week, I’m going with another Put spread + a protective call on AAPL […]
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: $6.48 Update / Reasoning: With the short 9 strike call nearly worthless, I’m rolling out and down to a 7.5 […]