Netflix 290/295 Put Spread $1.02/ 3.98 Spread Target is $64 Max loss is $128 EXP September 20th I plan to get rid of this spread if Netflix goes back up to $335-340
Debit Spread on RCL $3.52 Max gain is 11.48 My max loss will be $1.8 at August 30th if the play doesn't work out. I got a ton of earnings plays on I'm probably going to get burned a bit we'll see how it pans out. EXP September 20th. Medium Risk, Medium Reward
ALGN breakout, Putting on a credit spread I want to be a bit conservative. Earnings are around the corner so this trade may destroy the position however it does look like its having a near term breakout 255/260 - $1.07/3.93 loss Profit target $60-65
Short DPZ Put spread Debit spread. $999 Entry, Max gain $2001. 230/260 Put Spread. DPZ slowing growth. Downturn is happening holding till target of $1000 USD.
ADBE Touching the top of my channel, on low volume. Move today isn't valid IMO. Opened short term putspread.
AIG currently is trading with an IV30 of 19.6, making its IV Rank 21.8. This low rank indicates that the options will be cheap, and encourages debit spreads, regardless of being bullish or bearish. These spreads will profit when volatility mean-reverts to higher levels. Because of this well-developed bear flag, we are expecting a continuation of the prior...
Whats up Traders - Got a free options trade for YA - sure to please. God speed - simple and too the point, explanation and details are on the chart.
With the largest negative net volume since the 14th of May, 2013, TSLA dipped back into $260 territory today after news got out that the SEC is filing a lawsuit against Elon Musk, allegedly for fraud. SEC claims that Musk misled investors when he tweeted that he was considering taking the company private at $420 a share back in August. Naturally this has...
Shorting Euro here on weakness and DXY strength. +3 Aug17 110.5/111.5 put spreads for $.43 db/contract. I'll manage these if they're quick winners, otherwise I'll just let them do their thing.
Markets have been keeping everyone guessing for the last two weeks. I believe last week's action has set us up for a decent R:R trade back up to recent highs here.
One of warren buffett his subsidiaries want to acquire this company. This deal will once get done but can take some time. Thick bids will possibly remain under the stock. That's why i'm selling a bull put spread under the stock. Don't expect this stock to go much lower.
Back in April I was talking about using the elevated volatility to buy some cheap July put spreads on MA with the recognition that we might be early to game. Well...there appears to be a double ABCD completion in progress and I am keeping my fingers & toes crossed. Just a reminder, not only is this an expensive stock, it is a parabolic price action. Hope...
Long SPY, short vol via Apr20 239/269 put spread for $3.60. POP: 64% Max loss (BPR): $2,640 Max win: $360 Target: 50% of credit received Stop loss: Price at $266. short 269 put: 38 delta long 239 put: 8 delta
Long AAPL via short put spread. Sold Apr20 145/165 put spread for $2.15. POP: 74% BPR: $1,785 Max loss: $1,785 Max win: $215 Stop loss: Price at $162 or $400 loser. Target: 50% of credit received. short 165 put: 27 delta long 145 put: 5 delta Maybe add to the upside if AAPL starts to look better.
Long JNJ via short put spread. Short Mar16 125/130 put spread for $1.10. POP: 69% BPR: $390 Max loss: $390 Max Win: $110 Target: 50-60% of credit received Stop loss: Price at $127 or $350ish loss. short 130 put: 37 delta long 125 put: 15 delta If this starts to get really ugly, I may pull off before $127.
Long MU longer term via short $36 puts, $.75 credit each. I spread off some of the BP req in IRA with $28 puts. Will manage these guys around 60-70% net credit received profit. POP: 80% BPR: $1,450 (also max loss if MU got cut in half) Max Win: $150
Getting long Chinnnaaahh (Donald voice) via credit put spreads @ $1.77. I went ITM to be a bit more directional. Mar16 40/48 put spread POP: 56% Max Loss: $625 Max Win: $175 Stop loss: Price at $44.45 or 2x credit received Target: 50% of credit received short 48 put: 61 delta long 40 put: 6 delta.
Short UVXY via long Apr20 put debits for $2.19. POP: 68% Max loss: $892 (2.19 x 4) Max Win: $308 ROC: 34.5% over 66 days Long 24 put: 36 delta Short 21 put: 30 delta I usually let these expire ITM, as my broker TW has cheap exercise fees. In the case that it expires in between strikes, then I will have to manage them by closing on expiration day.