Stock / Symbol: AMC Entertainment / AMCStrategy: Diagonal Call SpreadEntry date / price: 19 Feb 2021 / $5.65Exit date / price: 02 Mar 2021 / $8.88 Update: My exit order at a credit of $2.95 will filled yesterday, at 10:40am PST.
Stock / Symbol: AMC Entertainment / AMCStrategy: Diagonal Call SpreadEntry date / price: 19 Feb 2021 / $5.65Price at this post: $8.97 Update / Reasoning: Although AMC is up nearly 60% from the trade entry point, the position structure is unable to capitalize on such a significant move. With the Delta going from 27 to […]
This post is restricted to paying members. To follow are specific active trade details: Stock / Symbol: Dow Jones Industrial Average ETF / DIA Strategy: Bear Call SpreadTrade entry date / price: 01 Feb 2021 / $302.28Price at this post: $316.40 Update: Entering in the exit order for this position. As usual, I’m using a […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Beyond Meat / BYNDStrategy: Bull Put SpreadTrade post date: 26 Feb 2021Price at this post: $146.90 Reasoning: BYND found support this week at its 50 day moving average and is technically showing long term support at the $120 […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Netflix / NFLXStrategy: Vertical Call SpreadTrade post date: 25 Feb 2021Price at this post: $547 Reasoning: NFLX recently found short term support at its 50 day moving average and is continuing its up trend. On the premise the […]
Update / Reasoning: Despite MASI pulling back, we haven’t gotten filled on our bull put spread. I’m cancelling this order and looking for another opportunity.
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: AMC Entertainment / AMCStrategy: Diagonal Call SpreadTrade post date: 19 Feb 2021Price at this post: $5.65 Reasoning: AMC, owner / operator of movie theaters, is also part of the r/wallstreetbets phenomenon and the subject of buyout rumors. So, […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Masimo / MASIStrategy: Bull Put SpreadTrade post date: 16 Feb 2021Price at this post: $269 Reasoning: Technically, MASI has been in a long, steady uptrend and indications are that this uptrend will continue. On this premise, I’m entering […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Regeneron Pharmaceuticals / REGN Strategy: Bull Put SpreadTrade post date: 16 Feb 2021Price at this post: $485 Update: Still not filled on the 455/460 call spread, I’m cancelling the open order on the call spread and shifting to […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: RIOT Blockchain / RIOTStrategy: Broken Wing Butterfly Put SpreadTrade post date: 11 Feb 2021Price at this post: $45.65 Reasoning: RIOT is technically overbought and likely to pullback to at least its 17 day moving average (approx 25). On […]