Thursday, November 14, 2019
Posted by aplus
Reader's rate:
2.625
On October 4th we sold the Feb $24 Puts for $1.77 and bought the same expiration $27 Calls for $2.00 for a net cost of $0.23, today these options have a net value of $2.58 and we are closing the trade by purchasing the short $24 Puts for $0.52 and selling the Calls for $3.10. AAL has dropped over... + continue reading
Friday, November 8, 2019
Posted by aplus
Reader's rate:
3.75
We bought into the GLD ETF which tracks the price of gold on 6/25/19 for $134.25, and we're closing it today at $137.57 as it crossed below it's 50 day moving average and we don't see any reason for a bounce. We'll take a small gain of 2.5% vs losing any prinicipal. + continue reading
Friday, November 8, 2019
Posted by aplus
Reader's rate:
0
Adobe hit a recent low of $260 with the pullback in the market and has rebounded to over $290 and gives us a little room for a safe option trade. Operationally we see very little risk in the company with their product suite, leadership and transformation to the cloud well behind them. Any pull... + continue reading
Thursday, October 31, 2019
Posted by aplus
Reader's rate:
0
Nike reported strong earnings last month and the stock at $89 now is below where it traded after their earnings results were announced. It recently hit a high of $96.87 which is the companies all time highest trading price, and it remains above it's 100 and 200 DMA but sits just below the 50 DMA... + continue reading
Thursday, October 31, 2019
Posted by aplus
Reader's rate:
0
So far 2019 has been a home run for our trades as we're up on all of our trades and most are over 100%. Here is a snapshot of our closed positions. Here are our currently open positions with the exception of the Costco Puts which expired this month. We have 4 stock... + continue reading

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Thursday, 11/14/19 - 0 comment(s)
On October 4th we sold the Feb $24 Puts for $1.77 and bought the same expiration $27 Calls for $2.00 for a net cost of $0.23, today these options have a net value of $2.58 and we are closing the trade by purchasing the short $24 Puts for $0.52 and selling the Calls for $3.10. AAL has dropped over $1.50 over the past few sessions, and is not right... + continue reading
Friday, 11/08/19 - 0 comment(s)
We bought into the GLD ETF which tracks the price of gold on 6/25/19 for $134.25, and we're closing it today at $137.57 as it crossed below it's 50 day moving average and we don't see any reason for a bounce. We'll take a small gain of 2.5% vs losing any prinicipal. + continue reading

Performance & News

Thursday, 10/31/19 - 0 comment(s)
So far 2019 has been a home run for our trades as we're up on all of our trades and most are over 100%. Here is a snapshot of our closed positions. Here are our currently open... + continue reading

Stocks

Friday, 11/08/19 - 0 comment(s)
We bought into the GLD ETF which tracks the price of gold on 6/25/19 for $134.25, and we're closing it today at $137.57 as it crossed below it's 50 day moving average and we don't see any reason for... + continue reading

Options

Thursday, 11/14/19 - 0 comment(s)
On October 4th we sold the Feb $24 Puts for $1.77 and bought the same expiration $27 Calls for $2.00 for a net cost of $0.23, today these options have a net value of $2.58 and we are closing the... + continue reading