QQQ – 07/07/2016 I decided to attempt more of a scalp strategy with one of my standard time decay strategies. I have really not had much luck with scalping the market using these strategies as this trade will continue to show. On 7/7 with QQQ trading at $108.39 I purchased the July week 3 $112 […]
Category: Spreads
TSLA Credit Spread Look Back Trade
TSLA – 07/07/2016 Another one of the momentum based trades that I placed with 24 hours until expiration. This one looked like a really strong candidate and I was able to sell Puts a pretty good distance from the current price of $216.75 because of high volatility. Of course, with TSLA you never know what […]
TLT Time Decay Spread Look Back Trade
TLT – 7/7/2016 This is another of the 24 hour momentum trades. On 7/7 TLT was trading at $142.02 and I decided to place the trade based off of the hourly chart instead of using the daily like I would normally do. I thought it would be alright because I had resistance at the 7 […]
GOOG Time Decay Spread Look Back Trade
GOOG – 07/01/2016 GOOG was trading at $699.98 and I felt it was reaching the top of its range. I decided to place a variation of a Bear Call spread to take advantage of that as well as time decay. On 7/1 I sold the $735 Call for $0.15 and Bought the $745 Call for […]
When a Debit Spread goes bad even when it is right.
On June 2017 I entered into a debit spread on STMP. I bought the JAN18 $140.00 calls and sold the JAN18 $160.00 calls against them for a debit of $8.78. STMP was trading at $142.40.0 STMP has gone up as high as $154.00 since I entered the position and I have still not been able […]
REGN Bull Put Credit Spread Look Back Trade
REGN – 6/30/16 On 6/30 I decided to place an aggressive Bull Put Credit spread on REGN based on a momentum strategy I seldom use. The reason I seldom use it is because it is higher risk than the strategies I prefer. This trade is usually made on a Wednesday or Thursday afternoon with options […]
QQQ Time Decay Spread Look Back Trade
QQQ – 6/17/2016 I entered this trade at the same time as the one above, the correct way. The mistake I made on this one was I traded with the assumption that Britain would not vote to leave the Euro. I thought the market would slowly move up, which it did but only after it […]
XLE Time Decay Spread Look Back Trade
XLE – 6/16/2016 XLE was in a downtrend still trading above its 50 day moving average which could cause a bounce up but I felt there was strong resistance at $70.00 with XLE trading at $66.55. I decided to place a spread trade to take advantage of what I felt was a range bound security. […]
Heating Oil Credit Spread Look Back Trade
HO (Heating Oil) – 6/14/2016 This was a commodity trade I made in June. Commodities tend to trend better and more often than stocks and can be a good way to trade options. You have to be careful because of risk and assignment ramifications if you do not completely understand commodities. I do not recommend […]
AMZN Time Decay Spread Look Back Trade
AMZN – 6/28/16 On 6/28 I decided to place a Put spread on AMZN. I really like these types of trades but they are very difficult to get into without taking too much risk. You need to be fairly certain that the stock is either in a stable range or moving down. An up move […]
