This post is restricted to paying members. To follow are specific active trade details: Stock / Symbol: Small Cap 3x Bull / TNA Option Strategy: Calendar Call spreadTrade entry date / stock price: 06 Aug 2019 / $53.95Stock price at this adjustment: $60.85 Update / Adjustment: The Sep 20th expiration 57 strike call we sold […]
This post is restricted to paying members. To follow is specific new trade details: Stock / Symbol: Trip Advisor / TRIPOption Strategy: put calendar spreadPrice at trade post: $40.85 Reasoning: Putting a directional trade on TRIP with the thought that it’s hitting resistance here near the 50 day moving average. Looking for a slight pullback, […]
Stock / Symbol: Target Corp / TGTOption Strategy: bear call spreadTrade entry date / price: 22 Aug 2019 / $104.77First adjustment date / price: 30 Aug 2019 / $108.90Trade exit date / price: 13 Sep 2019 / $107.99 Update : With TGT is closing at under $109 last Friday, at $107.99, the position to expired […]
Stock / Symbol: Select Sector Spdr Energy ETF / XLEOption Strategy: Calendar Call spreadTrade entry date / price: 06 Sep 2019 / $58.92Trade exit date / price: 18 Sep 2019 / $61.75 Update: It took a bit longer than expected to get filled (7 trading days), but we got filled first thing this morning for […]
This post is restricted to paying members. To follow is specific new trade details: Stock / Symbol: BP Amoco / BPOption Strategy: bull put spread / long BP stockEntry Date / Price: 29 July 2019 / $38.99Price at this adjustment: $39.14 Update / Adjustment: With world events bringing up the price of oil sharply today, […]
Stock / Symbol: Gold Miners 3x bear / DUSTOption Strategy: diagonal call spreadTrade entry date / price: Price at trade post: 29 Jul 2019 / $8.82Price at this adjustment: $8.56 Adjustment: Selling another weekly call, at a strike of 9.5. After we sell this call, the trade’s greeks will be: a delta of 53.6, a […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Direxion Financial Bull ETF / FASOption Strategy: Bear Call spreadTrade entry date / price: 13 Sep 2019 / $79.92 Reasoning: Financials have had a nice recovery from their recent lows and and are now back to trading close […]
Stock / Symbol: Target Corp / TGTOption Strategy: bear call spreadTrade entry date / price: 22 Aug 2019 / $104.77First adjustment date / price: 30 Aug 2019 / $108.90Price at this post: $108.73 Update : So far, TGT is trading under $109 today, which is what we need for the position to expire worthless and […]
This post is restricted to paying members. To follow are specific active trade details: Stock / Symbol: Small Cap 3x Bull / TNA Option Strategy: Calendar Call spreadTrade entry date / stock price: 06 Aug 2019 / $53.95Stock price at this adjustment: $62.72 Update / Adjustment: The Sep 13th expiration 57 strike call we sold […]
Stock / Symbol: Select Sector Spdr Energy ETF / XLEOption Strategy: Calendar Call spreadTrade entry date / price: 06 Sep 2019 / $58.92Price at this post: $60.15 Reasoning: Our upside target of $60 was hit, so we’re entering an order to close the trade for a quick profit. Please note that it will likely take […]