This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Tesla / TSLAOption Strategy: Broken Wing Put ButterflyTrade entry date: 16 Jan 2020Price at this post: $504 Reasoning: Finally looks like TSLA may have peaked, so we’re going to put on a broken wing put butterfly spread. Upon […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Canopy Growth / CGCStrategy: Diagonal Call SpreadTrade entry date: 15 Jan 2020Price at this post: $24.82 Reasoning: After establishing a strong level of support at the $19 level, CGC is now trading well above its 50 day average […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Netflix / NFLXTrade entry date: 14 Jan 2020Price at this post: $337 Reasoning: We’re putting a Double Calendar on NFLX in front of its scheduled earnings announcement a week from today. This trade is structured to benefit from […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: ProShares Ultra Natural Gas ETF / BOILOption Strategy: Diagonal Call SpreadTrade post date: 10 Jan 2020Price at this post: $8.49 Reasoning: Playing a hypothesis that Natural Gas has bottomed here and will soon move back up in price, […]
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: 10 Jan 2020Price at this post: $164.50 Reasoning: We’re putting an Iron Condor on IWM that sells calls and puts just beyond our expected resistance and support […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Marvell Tech / MRVLOption Strategy: Synthetic Long Trade entry date / price: 12 Dec 2019 / $25.60Price at this post: $26.69 Reasoning: MRVL hit our price target of $27 today, so we’re going to take profits. The current […]
Stock / Symbol: SmallCap 3x Bull / TNAOption Strategy: Bear Call spreadTrade entry date / price: 22 Nov 2019 / $62.35Price at this post: $72.65 Reasoning: With our position ITM, we were assigned the short calls. We’re going to close the position now. Closing Trade Details: BTC 200 shares TNAat market price. I was filled […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Amazon / AMZNOption Strategy: Reverse Iron Condor Trade entry date / price: 15 Nov 2019 / $1749Price at this post: $1861 Reasoning: While AMZN has moved up nicely, it didn’t happen soon enough. We’re going to close the […]
Stock / Symbol: SmallCap 3x Bull / TNAOption Strategy: Bear Call spreadTrade entry date / price: 22 Nov 2019 / $62.35Price at this adjustment: $72.85 Reasoning: With our position currently ITM, we’re rolling the position out and up. Trade Adjustment Details: BTC 2 TNA 20Dec19 68 callsSTC 2 TNA 20Dec19 70 callsSTO 2 TNA 27Dec19 […]
Stock / Symbol: S&P 500 / SPXOption Strategy: Bear Call spreadTrade entry date / price: 25 Oct 2019 / $3008Price at this adjustment: $3222.73 Reasoning: With today’s gap up, SPX is showing no signs of slowing down so we’re going to close the position out. Closing Trade Details: BTC 1 SPX 20Dec19 3090 callSTC 1 […]