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INCY at 69.78
I’m looking for a move towards 75 and possibly a gap fill around 76 level.
This is a limited risk, limited reward trade set up with risk limited to the debit paid for the trade.
I’m looking for a 5 point wide spread for 2.00 debit. Probability of profit 40%
Chart:
Risk Profile:
Opening Trade Ticket:
BDX at 254.56
+++ This stock does not have very liquid option board +++
I’m looking for a move towards 265
Chart:
This is a call debit spread, 10 points wide, risking 4.40 to make 5.60
POP: 47.60%
Risk in this trade is the debit paid.
Risk Profile:
Opening Trade Ticket:
SPX AT 4692
Risk Profile:
Opening Order Ticket:
Credit: 0.70
Margin: 39.30
POP: 99%
Stop Loss: Breach of 4300 before expirationDG at 216.45
This is a bet that the stock is going to move towards the expected range low over the next 30 days.
Risk Profile:
Open Trade Ticket:
This risk in this trade is the debit paid and I will assume full risk on this trade.
KLAC at 384.52
I’m going to close 2/3 of the position for +20% here
Order Ticket:
INCY at 73.95
I’m going to take this trade off and move on.
Closing Trade Ticket:
ATVI at 63.24
Based on the chart, I am looking for a trend change and my target near term is 70-78
If I am wrong, I am willing to lose 80% of my outlay, which is the debit paid for the trade. This is a bullish call vertical, buying the 60 call and selling the 70 call in the same expiration cycle.
Prob of profit: 42%
Chart:
Risk Profile:
Opening Trade Ticket:
SPX at 4680
This trade has 9 days left until expiration. Right now, we can collect another 0.75 credit to close this trade, which will result in a total profit around 1.40 – 1.50
The BPR for this trade was around 39.30
1.40 profit on 39.30 margin represents about 3.5% return in 15 days.
Closing Order:
Order Ticket Type Asset Duration Strike C/P Sell To Close SPX 31DEC 4225 PUT Buy To Close SPX 31DEC 4275 PUT Buy To Close SPX 31DEC 4520 PUT Sell To Close SPX 31DEC 4530 PUT Total Credit: 0.7 SPX at 4720
I’m going to set up a Bear Trap with 26 days until expiration.
This is a combination of a 10pt wide put debit spread and a 50pt wide put credit spread.
I’m looking for a put debit spread for 2.00 debit and a put credit spread for 2.80 credit.
This should leave a NET credit of around 0.80c
The risk in this trade is $4,000 minus the $80 credit we’re collecting upfront or $3,920
I will stop out of this trade if SPX break under the short strike of the put credit spread.
Risk Profile:
Opening Order Ticket:
DPZ at 40.77
This trade is currently showing +40% and it’s time to start taking profits
Closing Order Ticket:
MSTR at 616.32
I’m looking for a trend change with an upside target of 700
Chart:
If this stock loses 540, this will negate this set up.
This is a bullish call butterfly with 53 days until expiration. Upside breakeven is around 616.50
There’s a 45% probability this trades makes a profit by expiration.
Risk Profile:
Order Ticket:
My first target: 40% ROR
Stop: Loss of 60%SPX at 4798
I’m going to set up a Bear Trap with 27DTE.
Buying a 10 point wide put debit spread for around $2.00 debit and selling a 50 point wide put credit spread for around $2.80 credit. This leave me with a NET credit of about 0.80c and no upside risk.
I will stop out of this trade if the underlying breaks below the short put of the put credit spread.
Risk Profile:
Order Ticket:
TSN at 86.49
I’m taking this trade off here for a small gain and will look to set up a new trade with more time until expiration.
Closing Order Ticket:
UNP at 251.32
I’m going to take this trade off here. Trend is up and I like this stock on a pullback
Closing Order Ticket:
ATVI at 66.79
The stock has moved just over 1SD in the last 8 days. I think this is a good spot to book some profits.
Closing Trade Ticket:
