Trades of the day 12/23/2020
1 SPCE $21 Put 01/15/2021 sold on December 14th 2020 has worked out really well and it was closed today for $44 giving a profit of $46 in 9 days.
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
Trade of the Day 12/14/2020
Sold 1 SPCE Put at strike price $21 with expiration on 01/15/2021. Premium received $95. Virgin Galactic dropped about 17% after an aborted test flight on Friday. Trying to take advantage of the drop today. Management Plan: Hoping for a quick bounce and buying it back for around $45.
Why should you invest in the stock market
The Market has gone up so much in the last few months and you are thinking whether now is the time you should invest in the stock market. That is a very fair question. You are thinking you could wait for the market to come down a little bit and then invest at a cheaper … Read more