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: $363.23 Update / Reasoning: With the call side of the position ITM, I’m rolling the calls up and wider (doubling […]
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: $20.18 Update / Reasoning: With CGC pulling back significantly from where it was at the entry of this […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Wayfair.com / WStrategy: Vertical Call SpreadTrade post date: 20 Jul 2021Price at this post: $298.50 Reasoning: Technically, W has found support at the 175 level. On the premise that W will reverse it’s trend, and start moving higher […]
Stock / Symbol: S&P 500 ETF / SPYStrategy: Iron CondorTrade entry date / price: 28 Jun 2021 / $426.24Price at this post: $422.20 Update: With the SPY currently trading nearly 14 points lower than our short 434 call, we will safely be able to let the position expire worthless today, yielding at least a 25% […]
This post is restricted to paying members. To follow are specific active trade details: Stock / Symbol: Nautilus / NLSStrategy: Diagonal Call SpreadTrade entry date: 20 May 2021 / $17.85Price at this post: $14.67 Update / Reasoning: The July expiration call we sold expired worthless last week. Selling another 17.5 strike call against the long […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Nasdaq ETF / QQQStrategy: Iron CondorTrade post date: 19 Jul 2021Price at this post: $353.35 Reasoning: I’m entering into another an ATM Iron Condor on QQQ with the expectation that I will need to adjust the trade prior […]
Stock / Symbol: Russell 2000 ETF / IWMStrategy: Calendar / Diagonal Put SpreadTrade entry date / price: 13 May 2021 / $217Trade exit date / price: 15 Jul 2021 / $215.03 Update / Recap: Well, IWM did it yesterday, it touched $215 and the GTC exit order filled! This trade took way longer than I […]
Stock / Symbol: Nasdaq ETF / QQQStrategy: Iron CondorTrade entry date / price: 12 Jul 2021 / $361.00Price exit date / price: 16 Jul 2021 / $361.40 Update: Right at market open, our GTC exit order was filled at a debit of $0.56 per contract. The pricing of QQQ was beneficial as we got a […]
Stock / Symbol: Micron TechnologyStrategy: Vertical Call SpreadTrade entry date / price: 02 Jul 2021 / $79.62Trade exit date / price: 14 Jul 2021 / $78.95 Recap: The GTC exit order filled 5 minutes into trading yesterday for a credit of $2.80. This yielded a 12% return from the Vertical Call Spread on MU. Thanks […]
This post is restricted to paying members. To follow are specific active trade details: Stock / Symbol: Nasdaq ETF / QQQStrategy: Iron CondorTrade entry date / price: 12 Jul 2021 / $361.00Price at this post: $359.30 Update / Reasoning: With today’s market action bringing QQQ back near the position’s sweet spot, I’m going to see […]