Trades of the Day 01/15/2021


Previously sold a TWTR $46 Put, $70 Call – 02/19/2021 Strangle for $312 on 12/18/2021. This has gone very poorly since with TWTR stock moving around $55 to around $45. Initial management plan is out of the window now and it’s all about just surviving to buy it back for break even. I have moved … Read more

Trades of the day 12/29/2020

Rolling the Dice with DKNG

Old: 1 AAPL $112.50 Put, $145 Call – 01/15/2021 Strangle sold on December 18th 2020 didn’t work out as hoped. Closed it for $145. Not a win, not a loss. Closing and moving on. New: Sold 1 DKNG $42 Put 01/22/2021 for $105. Collateral is around $520 including credit. Management Plan – Close out for … Read more

Trades of the Day 12/18/2020


Sold 1 TWTR $46 Put, $70 Call  – 02/19/2021 Strangle for $312. Collateral for the trade is $877 including the credit collected. Management plan – To close out at 50% if it reaches that before Twitter earnings on 02/09/2021. If it doesn’t reach 50% before earnings, then take it off before earnings to avoid earnings … Read more