I'm putting on a bull put spread, NVDA is pretty beatup but the powell put is in effect and its moving the market higher. 135/140 max gain is $148/352 Profit target is $75 loss is $150 Journal Entry and not trade advice
Tesla may be moving higher as its hit support at the bottom of its move. It may go lower but I'm going to assume that the move is finished and put in a long position on TSLA. Investor meeting was fruitful and got a good reaction after hours. SPY will be moving sideways on indecision as investors are hyped due to the Powell put but still concerned about trade...
CVNA is still a bearish position for me I plan to put in a 70/75 Bear Put Spread as it seems to be continuing sideways I felt my 60/65 spread was too close and I took a loss on it. In the end it may still have been a fine position I could have over reacted out of fear. I plan to put on this trade $70 profit max loss is $430 I will buy 2 spreads $140 max and...
AAPL could range around 160-190 as the price continues to move lower, the spy is fading and mexico tariffs are coming. This will be bearish environment as the greater trend. The lesser trend in appl is also bearish and may move sideways now that the price has dropped lower. 155/160/190/195 Iron Condor, EXP July 19, Max gain/loss 154/346 I plan to take at...
Since PANW is very rich in premium right now with a high IV. It seems to have broken support and is going sideways. ER is May 30th I may decide to take off the trade before then however I may also want to take advantage of the IV contraction. 195/200/240/250 EXP June 21st $290/710 Profit/Risk I plan to take the trade off at $150 profit which means I will risk...
Continuation I took a $132 USD profit on my last spread I'm rolling the spread to 60/65 with 135 credit. $80 profit target $160 max loss.
Market is still trending lower. I went for NFLX Credit Spread July 19 365/370 Profit 1.54/3.46 Max Gain $120/ Loss $240
Facebook bear call spread 185/190 ending July 19th, re-eval on July 1st $150/350 Reward/Risk Target is $120 with $240 max loss. SPY is fading FB may follow if it breaks support
CGC credit spread 5x $120 premium, exp May 31 Looks like bearish divergence on RSI daily and weekly. Trend is weakening as no new participants are really coming in after recent moves. Journal entry and not advice.
With SPY Volatility rising because of trade war fears and concerns about the FED's sparked dovish stance in the recent months. I plan to take a series of trades One after another I'll build a bigger position. I'm starting with a credit spread 288/290 Call spread with $77 loss potential or $123 profit at expiry on June 21st. I intend to hold this till expiry....
Since IV is high on ROKU because of recent earnings. I will go for an iron condor on ROKU 65/70/100/105 EXP July 19 $150/350 Profit/Risk $100 real profit target and $200 max loss. High probability trade, this is a journal entry and not trade advice.
ROKU has a bull flag printing as it makes new highs SPY is stagnant and is moving sideways. ROKU may make new gains and move toward $90s Journal Entry and not trading advice.
CVNA is slowly losing momentum. Recently released a debt issuance and it dropped its after hours trading lower to around $64. CVNA could lose steam and change direction like it has in the past. I write a call at $45 and buy a call at $70 expiry is August 16th. 45/70 Credit Spread EXP AUG 16. $1570/930 Risk (May change after I put on trade) Target exit is...
Looks like it broke support from the highest point recently, A is selling off, bearflag with target at $71 for me. This is a paper trade.
I bought a call credit spread against "A" 72.5/77.5 Credit spread exp June 21st Fill Price 2.49 Earnings are tomorrow but due to the uncertainty in the air with the whole tariff move courtesy of trump everything that recently looked good will look less good because everyone will be skiddish. Let's see how it pans out. Max loss $2.51 + commission This is a...
ACB Broke support. This could be a good trade starting next week once earnings pass. Possible 200 share short position Journal entry.
TSLA looks to be trending lower as it continues toward its destination I plan to capture some profits using an iron condor. IV is really high at around 50 180/185/240/245 $150/350 Profit/Risk June 21 EXP Profit Target to be expected by June 10-14 Profit Target is $80 max loss is $160 This is a journal entry and not trading advice.
Shorting Netflix due to the uncertainty in the market due to SPY sell off. Netflix is overall a great company however it is very closely effected by the SPY much like last october a sell off lead Netflix down to the bottom and consequently is also uplifted the stock due to its latent rise. Of course earnings also were a catalyst. My Move is more near-term which...