Stock / Symbol: Turtle Beach / HEARStrategy: Diagonal Call SpreadTrade entry date: 11 Jan 2021 / $20.70Price at this post: $22.46 Update: With HEAR trading up and over the strike of our short leg of this Diagonal Call Spread, we’re going to enter in our exit order now. This position’s current Greeks are: -10.5 Delta, […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: S&P 500 ETF / SPYStrategy: Vertical Put SpreadTrade post date: 12 Jan 2020Price at this post: $379.05 Reasoning: Technically, the SPY is overbought and a pullback to its 50 day moving average (currently at $364.25) is a real […]
Stock / Symbol: Twitter / TWTRStrategy: Put Calendar SpreadTrade entry date / price: 04 Jan 2021 / $54.50Trade exit date / price: 11 Jan 2021 / $47.00 Update: The exit order on our TWTR Put Calendar Spread filled today, 10 seconds after market open. In doing so, we captured a 42.9% return in just 6 […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Turtle Beach / HEARStrategy: Diagonal Call SpreadTrade post date: 11 Jan 2021Price at this post: $20.77 Reasoning: HEAR recently hit a new 52 week high and has since pulled back to around its 50 day moving average, where […]
Stock / Symbol: Twitter / TWTRStrategy: Put Calendar SpreadTrade entry date / price: 04 Jan 2021 / $54.50Price at this post: $50.80 Update / Reasoning: TWTR, just a handful of trading days from our position entry, has traded 6% lower already. Thus, our put calendar spread is currently up over 25%. I’m going to enter […]
Stock / Symbol: BP PLC / BPStrategy: Calendar Call SpreadTrade entry date / price: 10 Mar 2020 / $25.90Price at this post: $24.14 Reasoning: With BP finally recovering from the lows back in October, our open position is back in the black. Thanks to numerous calls we sold along the way, we’re now sitting on […]
Stock / Symbol: Russell 2000 / RUTStrategy: Bear Call Spread / Broken Wing Iron Condor Trade entry date / price: 08 Dec 2020 / $1907 Price at this post: $2057 Reasoning: Upside stop hit. Closing -7.4 Delta, 16.0 Theta, and -0.3 Theta. Trade Exit Order:BTC 1 RUT 08Jan21 2050 callSTC 1 RUT 08Jan21 2060 call […]
This post is restricted to paying members. To follow are specific position management details: Stock / Symbol: Russell 2000 / RUTStrategy: Bear Call Spread / Broken Wing Iron Condor Trade entry date / price: 08 Dec 2020 / $1907 Price at this post: $1931 Reasoning: Downside stop hit. Closing out the put spread portion of […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Twitter / TWTRStrategy: Put Calendar SpreadTrade post date: 03 Jan 2021Price at this post: $54.15 Reasoning: TWTR is has traded lower for the past few days since reaching a new 52 week high back on Dec 16th. Technically, […]
This post is restricted to paying members. To follow are specific position management details: Stock / Symbol: Russell 2000 / RUTStrategy: Bear Call Spread / Broken Wing Iron Condor Trade entry date / price: 08 Dec 2020 / $1907 Price at this post: $2016 Reasoning: With RUT continuing to trade up towards the level of […]