Forum Replies Created
-
Posts
-
RBLX at 100.60
I’m going to lock in profit here and look for the next trade
Closing Order Ticket:
Update:
RUT at 22.98
I moved all strike up 10 points.
I’m in RUT 30JUL 2210/2280/2340 Put Butterfly for 5.20 debit as tier 1
Risk Profile:
NOTE: Next adjustment when RUT is above 2330
GLD at 175.01
I’m going to take this trade off and wait for another set up
Closing Order Ticket:
JD at 75.44
We’re seeing some unusual option activity in September 77.5 Call
Option Activity:
We’re going with an ATM call spread with plenty of time until expiration (106 days):
Buying 75 call
Selling 80 callRisk: 2.00
Reward: 3.00
POP: 42%Risk Profile:
Order Ticket:
ETSY at 167.99
I’m going to make an adjustment here by rolling my short call down and out. Here’s the video explaining this move:
Order Ticket:
I’m going to close out this trade for a small win and wait for another set up:
Closing Order Ticket
TSLA at 580
This is a bearish trade set up in TSLA with 29 days until expiration. We’re buying a 20 point wide put debit spread and selling a 15 point wide put credit spread:
BTO 02JUL 580/560 PUT DEBIT SPREAD
STO 02JUL 560/545 PUT CREDIT SPREADRisk: 3.50
Reward: 1.50 – 16.50
POP: 50%
Risk Profile:
Order Ticket:
DPZ at 436.50
I’m going to set up a Broken Wing Call Butterfly. Here are the trade details:
Risk Profile:
Order Ticket:
Risk: 4.95
Reward: 5.05-20.05
POP: 50%MU at 81.02
I’m going to take this trade off and look for a new setup
Closing Order:
STC $MU 20AUG 80/82.5 CALL SPREAD MID 1.17 CREDIT
TOS: BUY 1 -1/+1 CUSTOM MU 100 20 Aug 21/20 Aug 21 80/82.5 Call/Call @1.175 LMT
RUT at 2333
It’s time to add Tier 2:
Video:
Order Ticket:
Risk Profile:
Next Adjustment point: 2370 or scale out if RUT trades under 2250
AMZN at 3286
I’m selling an OTM put spread, 50 points wide with 37 days until expiration. I will target 50-70% of max profit and I dont want to risk more than 1.5X credit if the trade works against me.
Order Ticket:
Risk Profile:
LEN at 93.61
I’m going to roll up my long 95 Call up to 97.5 strike, collecting $1.00 credit. This will remove all risk on the downside and I will close out this trade if this stock trades above 100 before expiration.
Risk Profile/Order Ticket:
TOS order: BUY 1 -1/+1 CUSTOM LEN 100 16 Jul 21/16 Jul 21 95/97.5 Call/Call @1.00 LMT
CAT at 235.17
I’m going to take this trade off here and look for new setup
Closing Order Ticket:
CZR at 111
I’m going to make another adjustment, aiming at reducing risk (downside) and directional exposure. Details are here:
Risk Profile/Order Ticket:
AMZN at 3412
I’m buying back the 3050/3000 Put Spread for 1.50 debit. The profit in this trade is 4.30 or 74% of max potential profit.
