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: $19.60 Update / Reasoning: CGC is not yet anywhere near my target of $22 for selling calls against […]
Stock / Symbol: American Airlines / AALStrategy: Bull Put SpreadTrade post date: 02 Jul 2021 / $21.42Price at this post: $21.38 Update / Reasoning: With AAL trading over the $20 strike of short put and with this position’s options expiring this Friday, this position has reached nearly 77% of its profit potential. I’m going to […]
Stock / Symbol: Tesla / TSLAStrategy: Reverse Iron CondorTrade post date: 26 Jul 2021 / $651.50Price at this post: $641.50 Update: Despite a great earnings report and the pennant technical formation, TSLA hasn’t moved enough in either direction yet for this to be a profitable trade (in its current configuration). This position can be adjusted […]
This post is restricted to paying members. To follow are specific active trade details: Stock / Symbol: Nasdaq ETF / QQQStrategy: Iron CondorTrade entry date / price: 19 Jul 2021 / $353.35Price at this post: $367.95 Update / Reasoning: With the short call ITM, I’m rolling the 366/368 call spread out to Wednesday. Then, I’ll […]
Stock / Symbol: Activision / ATVIStrategy: Vertical Call SpreadPost date / price: 28 Jun 2021 / $94.77Trade entry date / price: 08 Jul 2021 / $92.40Price at this post: $91.05 Update: I’m lowering the exit order limit down to $3.80 from $3.85 Trade Exit Order Adjustment:STC 1 ATVI 30Jul21 85 callBTC 1 ATVI 30Jul21 89 […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Tesla / TSLAStrategy: Reverse Iron CondorTrade post date: 26 Jul 2021Price at this post: $652 Update: I wasn’t getting filled at the $1.50 debit, so I upped it to $1.60 and got filled. I’m raising the max net […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Tesla / TSLAStrategy: Reverse Iron CondorTrade post date: 26 Jul 2021Price at this post: $649 Reasoning: Ahead of this afternoon’s scheduled earnings announcement by TSLA, I’m seeing a pennant technical pattern in the chart. The pennant formation tends […]
Stock / Symbol: Wayfair.com / WStrategy: Vertical Call SpreadTrade post date: 20 Jul 2021Cancellation date: 25 Jul 2021Price at initial post: $298.50Price at this post: $285.51 Update: Didn’t get filled on the entry order for a debit at $3.50 per contract. Per the plan, I’m cancelling the entry order. Cancel: BTO 1 W 20Aug21 240 […]
Stock / Symbol: Nasdaq ETF / QQQStrategy: Iron CondorTrade entry date / price: 19 Jul 2021 / $353.35Price at this post: $367.95 Update / Adjustment: Got filled on the roll to the 368/366 call spread for a net debit of $0.06. Unable to get a fill on the 358/356 put spread for at least 0.06, […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Nasdaq ETF / QQQStrategy: Iron CondorTrade entry date / price: 19 Jul 2021 / $353.35Price at this post: $365.45 Update / Reasoning: For the first few minutes of trading this morning, it was looking like the QQQ’s may […]