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NET at 57.34
I’m going to sell an OTM call to turn this trade into a call vertical, taking out most of the risk ahead of the earnings.
Risk Profile:
Order Ticket:
RUT just keeps rising and is hitting our max loss.
Closing order: 
Starting a new RUT butterfly. Will scale into 3 tiers.
Planned capital: 1.5K-2K
Target 30% or $500
Max loss 30% or $500
Adding a call spread:
Order ticket:
Before:
After:
NET at 66.69
I’m going to take this trade off here
Risk Profile:
Order Ticket:
IBB at 130.68
This chart looks bullish and I’m looking for a move towards 135-148
I will start with a long call, 42 days until expiry
Chart:
Risk Profile:
Order Ticket:
MDB at 354.84
I’m going to trim this trade here and possibly set up a new trade
Risk Profile:
Order Ticket:
CRWD at 196.23
This chart is setting up for a break out above a key resistance level.
This is a simple 20pt wide call debit spread, risking the debit paid.
Chart:
Risk Profile:
Order Ticket:
IBB at 132.72
The first target near term is 135 area.
I’m going to convert this long call into a long call diagonal spread by selling to open 02SEP 134 call.
This adjustment will cap the upside, but we’re also taking 60% of risk off the table.
Risk Profile:
Order Ticket:
UNP at 228.74
It’s time to bail and wait for a new set up
Order Ticket:
MSFT at 281.61
I’m going to pick up 2 OTM puts to flatten this position out.
If MSFT is above 275 by end of next week (19AUG) the long stock position will get called away.
If MSFT is below 245 in the same timeframe, I’ll have to take assignment of an additional shares and will look to sell calls against the new position.
Here’s what Risk Profile looks like with the 2 long puts at 270 strike:
Risk Profile:
Order Ticket:
RUT at 1937. I’m adding the 2nd tier.
Order ticket
New risk profile
Opening a calendar on SPY.
Target 10% – Risking 15%
QQQ at 137
I’m taking a bearish trade here by selling an OTM call and buying a farther OTM call to make it a BEAR CALL SPREAD
Max profit in this trade is the credit collected.
Max loss in this trade is the difference between strikes minus the credit collected
Max Profit: 1.90
Max Loss: 3.10
POP: 62%I will consider stopping out of this trade IF/WHEN QQQ trades over 330
Chart:
Risk Profile:
Order Ticket:
Big gap up in the market today. I’m adding the 3rd tier centered at 1930.
Order ticket:
New Risk Profile:
