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.
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.
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
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.
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