GM – 09/20/16 When I entered this trade GM appeared to be in a range from $30.00 to $31.25 with low implied volatility. On 9/23 I rolled my 9WK4 to a 9WK5 position because GM had broken out above my range to $32.29. By 9/30 it had come down some but was still to high […]
Category: ActualTrades
QQQ Look Back Trade – Calendar
QQQ – 6/30/2016 This trade in QQQ was actually a test trade I did in my virtual account. The only reason I put it in the book is to give you a good example on how I test out new trades and how I am always looking for a better way to bring in premium. […]
TSLA 05/17/2017
This started out as a short term put credit spread. The 7, 21 and 50 moving averages were showing resistance as well as two price point consolidation points on the chart. Momentum was pointing down and I felt this would be a good 2 day trade. When I entered the trade TSLA was trading at […]
ANET 5/5/2017 Look Back Trade
I identified ANET as a good long term stock to purchase, still looks good as of this writing. On 5/5 with ANET at $138.66 I purchased a long term debit spread on this stock. I was not sure how long it would take to get the profit I wanted but I was willing to wait […]
FB 5/1/2017 Look Back Trade
I placed this credit spread with FB trading at $152.20 and I was expecting it to continue to move down. I was shooting for a 30% gain. The next day FB had moved up to $153.45, not the move I expected. I started working on getting out of the trade. On 5/3 FB moved down […]
AMZN – 04/27/2017 Look Back Trade
This is another trade like the one above. This time I had price support at 9, 21 and the 50 day moving average. Also had bollinger band support and chart price level support at 907 and 896. I was so excited about the set up, I did not notice that earnings were about to be […]
AAPL – 04/26/2017 Look Back Trade
This was a very short term credit spread. The idea is to take advantage of a stock’s momentum in a particular direction and then take a very short term trade taking advantage of that. I like to stay in these trades 2 days or less if possible. You could trade these over 5 days but […]
NCR – 4/26/2017 Look Back Trade
This is a debit spread I placed in NCR based on their chart. I thought there was good potential for them to continue to move up over the short term. I entered the trade on 4/26/17 with NCR trading at $40.57. Two days later it was at $41.64 and seemed to be losing momentum. I […]
SKX 10/14/2016 Look Back Trade
I purchased a bear put spread on SKX as a hedge against my long covered call position that was losing money in this stock. I probably should have just closed the covered call position previously instead of working all the hedges. I was concerned about a potential down move in SKX that would further deteriorate […]
WMT 10/2016 Look Back Trade
WMT – 10/7/2016 This was a bull call spread I placed on WMT. This was a debit spread meaning I had to pay out to get it. My hope was that WMT would continue up. This was an add on trade to reduce some losses I had taken on a WMT covered call position I […]
