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I’m letting this trade expire today. I took a $100 loss. Both the butterfly and the call spread expired OTM.
I’m rolling the lower butterfly up 40 points:
Order tickets:

New Risk Profile:

2 huge gaps back to back.
Closing this calendar.


QQQ at 330
It’s time to stop out of this trade:
Order Ticket:

SE at 89.11
I’m going to take this trade off as we’re trading around the level where we’re seeing a bit of resistance.
Risk Profile:
Order Ticket:

DPZ at 407.22
This chart is setting up for higher prices. The squeeze is about to fire and Bbands are starting to open up. MACD is bullish here too.
A move under 385 will make me rethink my bullish outlook.
This is a Call Debit spread and the risk is the debit paid.
Chart:
Risk Profile:

Order Ticket:

MU at 64.84
This chart looks like we’re heading to 70-75 area.
I’m setting up a broken wing call butterfly where a long 65/70 is partially financed by selling a 70/72.5 call spread.
This is a full risk trade.
Chart:
Risk Profile:

Order Ticket:

RUT at 2010.
Rolling the 2 lower butterflies up.
Order tickets:



New Risk Profile:


RUT at 2015
I’m rolling the lower fly up.Order tickets:


New Risk Profile:

This trade closed overnight on 8/11/22 at 16 DIT for $.85 giving $850 net profit.
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This reply was modified 3 years, 8 months ago by
Gary C.
IBB at 133.01
I’m going to roll the 2SEP call out and down to 9SEP expiry. I am collecting an additional credit, this will reduce a bit more risk in this trade.
Risk Profile:
Order Ticket:

XLP at 76.90
I’m going to sell an ATM call in the 16SEP expiry. This will limit potential upside but also reduce risk by 45%
Risk Profile:
Order Ticket:

DPZ at 409.81
Price is still indicating more upside but action is stalling out a bit.
I’m going to sell an OTM call spread against my long spread. The spread I am selling is in a 2SEP expiry, which has less time until expiration than my long call spread.
The best case is DPZ trades around 420 by 2SEP expiry. The short call spread will lose enough value to either expire it or buy it back for a lower price and then we can look to sell another call spread against the long vertical spread position.
Risk Profile:
Order Ticket:

TTWO at 132.12
This chart is setting up for a move higher. I’m looking for 140 as first target.
Chart:
Risk Profile:

Order Ticket:

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This reply was modified 3 years, 8 months ago by
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