1.73 cost, exp Nov 8th, 113/108 put spread, It may pull back to 50 EMA. We'll see. Max gain is $3.04 once spread is sold. That is my target. DLTR is a good strong stock and it may move higher at any point. Max loss is $125 Max profit is $130
Possible continuation toward the 200 MA on the daily. Put Spread from 293/287 I plan to take my profits sooner now, lets see how it pans out. Spread cost was 1.77, spread is 6 points wide also my target is 25% profit on the spread. My exit price will be. 2.82 which will happen between 288 and 290 at exp. Max loss I will take will be if the price goes above...
DLTR looks like its breaking out, there will be some pull back but lets see if it can break 115 $2.04 Call Spread, EXP OCT 25 Max gain is $1.48/$3.52 Max loss is $150 Max loss can only be taken on the week of October 14-18 if there is no chance of victory.
TGT bull flag, may adhere to the pattern however it may sell off first in order to move higher. Price was 2.18 EXP Oct 25 Spread is 110/116 6 points wide Target is $191 profit/ $4.09 is option price at exit. Exit price will be $163 which would be taken week of October 14-18 and cannot be done before then. Perhaps this trade will flop but we'll see. It looks decent.
I'm putting a put spread on WM since it seems to be in a downtrend even though its not strong it has hints of bearishness with divergences on RSI and OBV Spread cost is $1.35 Exp Oct 18, 115/110 I'm trying a 3 week option instead because I'm testing it I seem to be hitting my targets sooner than later so this may become the norm if the tests work out. $1.35...
ZTS put spread 125/120 Cost is $1.5 Max gain is $175/ $325 at sale of option or $3.25 Limit already set GTC Max loss will be taken October 14th end of day if my options plan is a failure. Max loss is $113 Bearish divergence it seems to be trending lower will see how it plays out.
UNP Put spread Cost was 2.1 Oct 18 exp 165/160 spread, Exit price is 3.48 and max loss is $150
FB seems to be rangebound but its more or less sideways movements. $187.5/182.5 5 point spread Price was decent $2.05 for spread cost exp October 25. Max profit is $1.475/3.525 price of spread at target. Max loss is $153. Market is moving lower as recession fears are picking up but this rate cut should boost sentiments in time after the tariff anxiety...
$3.99 Option Cost EXP October 18, this is a rather expensive trade I normally wouldn't pay this much for an option my general rule is $1.3-1.6 for a 3 week option per $5 width but I'll go for it since I bought it while it was into the money. 250/240 Put Spread Target is $7 profit at sale which is $300 profit at target Max loss is $300 if it reverses.
Shorting FDX after earnings was poorly received. Guidance issues for investors. $147/140 Put Spread 7 point spread Cost was $2.53 Target is $2.24/$4.77 at exit. Max loss is $1.90 to take loss in week before position expiry if I am completely wrong about my position. S/R Breakdown.
EXAS gapped up and sold off trying a short 106/100 put spread 6 points wide Price was $2.28 max gain is $1.86/ $4.14 Max loss is $1.70 taking the loss in the the Oct 14-20 if it goes sour.
Shorting Gold as its moved toward a resistance point. We are getting closer to trade tariff battle time within the month. I'm putting on a short position. Target exit is within the next 2 weeks. I lose my trade if price reaches 1530 I win my trade if it reaches 1500-1506 I will exit at 1506 if it drops to that target zone. I am shorting 5 units of gold. Max...
Spy trade $1.5 per spread 5 points 298/293 Profit at target is $1.75/ $3.25 price of spread Exit target loss is $112 SPY seems to be getting weaker. 2x spreads Could continue lower. MY Gold FX trade blew up. Too bad so sad.
PNC may be rebounding a bit for a pullback to 135 Put spread 140/135 Price was $1.92, Spread 5 points. Max loss will be twice the profit. $1.54 will be max profit for a total of $3.46 in the spread. Max loss is 75% of total price of spread. Which may be taken at 75% of duration of option if the play is wrong so October 14-20. If the play turns out to be...
148/143 Put Spread 5 points EXP Oct 4th. $2.31 Target profit target is $3.65 Max loss is $175 Lets see what happens, looks like its going to trend a bit lower.
CVX Iron Condor Strategy 110/115/125/130 Seems very lackluster in terms of the movement, rsi is rising but OBV is bearish. Price movement is weak. Credit is very nice on a condor. $1.53 Credit on this strategy Looking to exit first week of October for $90 credit. Max loss is $180.
AAPL uptrend Call Spread I got in late on this one but it may still work out fine. Oct 11 EXP 215/220 Call Spread Vix is too low now for a good credit spread and my timing would be off. Cost of spread was $2.29 Which is pretty nice for a 5 point spread Target loss is $100. Target gain is $175 If the SPY sells off between now then it may fail or some bad...
I'm trying a new strategy, 2 week trade. Sept 27 exp. Cost $1.89 Profit target is $217.70, Cost to cover is $122.85 2.31% of Capital. Good position. This strategy may work out we shall see if SPLK is bearish only downside is I have 2 positions now. However this is simply a test. Lets see how it pans out.