CELG – 7/13/18 – Long Call CELG had been in a sideways move after a down trend. I watched it move up then retrace just above weekly support and decided to purchase the $80.00 Calls expiring on 9/21/18 with CELG trading at $85.51. My initial mental target was $87.58 with my stop around $83.47. […]
Category: ActualTrades
PCAR – Long Call – 7/12/18
PCAR – 7/12/18 – Long Call On 7/12 I noticed and evening start pattern on the PCAR chart and decided to traded it. I purchased an ITM Put option with a Delta of 71 so I would make money a little faster if the stock continued down. I had to pay a little more for […]
CELG – Covered Call – 7/31/18
CELG – 7/31/18 – Covered Call This is a standard covered call I entered in CELG. You will notice on the chart below how the price changed over the 37 days I was in the trade and how I defended my short Calls. The only mistake I made was on 8/31 I was going to […]
ATVI – Covered Call – 7/6/18
ATVI – 7/6/18 This was another of a series of trades I did in ATVI as I tracked it through a number of different trades. This time I actually purchased shares of ATVI and entered into a standard covered call. With ATVI trading at $77.06 I bought 100 shares and sold a $77.00 call that […]
QQQ Iron Condor – 9/10/18
QQQ – 9/10/18 – Iron Condor Decided to place a QQQ trade on 9/10, really the credit I got was not all that great when I entered the trade. I was trying to stay in the market and liked the strikes I was able to get so decided to go for it. When I entered […]
HD Iron Condor – 9/5/18
HD – 9/05/18 – Iron Condor On 9/5 I decided to place an Iron Condor trade on HD. HD was trading at $204.27 with an implied volatility rank of 13, not great but I decided to go with it anyway. When I placed the trade I had a 60.5% probability of success if I held […]
SPX Iron Condor 7/31/18
SPX – 07/31/2018 – Iron Condor I started this trade looking for an Iron Condor, I entered the Put side first and was filled in about a day. Next I entered an order for my Calls but … I was never able to get filled at a level I was comfortable with. SPX was trading […]
SPX Iron Condor 8/28/18
Look Back Trade. SPX – 08/28/18 – Iron Condor Once the above trade closed I immediately started looking for my next Condor in SPX. Once again I started with on side of the trade only. This time because SPX was spiking up I was able to get into the Call side of the trade first. […]
MU – 10/18/18 – Look Back Trade
On 10/18 we entered into a Broken Wing Iron Condor trade on MU. Because of the design of the trade we ended up with no risk to the upside and a pretty good maximum profit range. We used the 41/37 Puts and the 42/23 Calls to build our Broken Wing Iron Condor for about a […]
PCAR – Look Back Trade
Today we want to review a trade we made back in July. On 7/12/18 we noticed an Evening Star pattern in on the PCAR chart and jumped into a quick Options traded to take advantage of it. With PCAR trading at $61.34 we purchased a 11/16 $67.50 Put expecting a move down. This option was […]
