Adjustment to TNA Calendar Call Spread

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 post: $54.65 Update / Adjustment: The 16Aug19 59 strike call we sold expired worthless […]

Closing AMZN Bull Put Spread

Stock / Symbol: Amazon / AMZNOption Strategy: bull put spreadTrade entry date / stock price: 14 Aug 2019 / $1764.05Stock price at this post: $1811.60 Reasoning: We were filled for a credit of $1.05 per contract on the 14th at 12:00 pm PST. Now, we’re going to try to capture around 80% of this trade’s […]

Trade Recap – BA Bull Put Spread

Stock / Symbol: Boeing / BA Option Strategy: Bull Put spreadTrade entry date / price: 05 Aug 2019 / $332.25Trade exit date / price: 16 Aug 2019 / $330.45 Recap: With BA closing at the end of trading on Friday over $315, we were able to allow our position to expire worthless and realize the […]

Revised Order – New Iron Condor

This post is restricted to paying members. To follow is specific new trade details: Stock / Symbol: iShares Russell 2000 ETF / IWMOption Strategy: iron condor Price at trade post: $146.61 Revision: changing the entry order to 2 contracts per leg. Trade Details: STO 2 IWM 30Aug2019 152 callBTO 2 IWM 30Aug2019 155 callSTO 2 […]

New Iron Condor

This post is restricted to paying members. To follow is specific new trade details: Stock / Symbol: iShares Russell 2000 ETF / IWMOption Strategy: iron condor Price at trade post: $146.61 Reasoning: Taking advantage of the market’s increased volatility and putting an iron condor on IWM utilizing Aug 30th expiring options. This potential trade currently […]

Trade Recap – AMD Calendar Call Spread

Stock / Symbol: Advanced Micro Devices / AMDOption Strategy: Calendar Call spread / Double Calendar (after adjustment)Trade entry date / price: 06 Aug 2019 / $28.62Trade exit date / price: 13 Aug 2019 / $32.60 Recap: At 6:47am PST on Aug 13th we got filled on our GTC exit order for a credit of $6.65 […]

Update / Adjustment to BP Bull Put Spread

This post is restricted to paying members. To follow is specific new trade details: Stock / Symbol: BP Amoco / BPOption Strategy: bull put spreadEntry Date / Price: 29 July 2019 / $38.99Price at this adjustment: $35.90 Update / Adjustment: Our short 38 strike put was exercised last night so we’re now long 100 shares […]

New Bull Put Spread

This post is restricted to paying members. To follow is specific new trade details: Stock / Symbol: Amazon / AMZNOption Strategy: bull put spreadPrice at trade post: $1764.05 Reasoning: Taking advantage of today’s panic selling, we’re putting a bull put spread on AMZN utilizing Aug 23rd expiring options. This trade currently has a delta of […]

Adjustment to DUST Diagonal Call Spread

This post is restricted to paying members. To follow are specific active trade details: 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: $7.54 Adjustment: Our short Aug 9 expiring option expired worthless last Friday, […]

Closing AMD Double Calendar Call Spread

This post is restricted to paying members. To follow are specific trade details: Stock / Symbol: Advanced Micro Devices / AMDOption Strategy: Calendar Call spread / Double Calendar (after adjustment)Trade entry date / price: 06 Aug 2019 / $28.62Price at this post: $33.054 Reasoning: Entering a GTC order to close the position at around 70% […]