New Trade : WPRT

Stock / Symbol: Westport Innovations Inc. / WPRT Price at trade post: $28.09 Option Strategy: [private_monthly]iron condor[/private_monthly] Reasoning: The probability of success on this iron condor on WPRT is about 80%. If WPRT hits our [Read More …]

New Trade : AAPL

Stock / Symbol: Apple / AAPL Price at trade post: $584.60 Option Strategy: [private_monthly]iron condor[/private_monthly] Reasoning: The probability of success on this iron condor on AAPL is over 80%. If AAPL hits our upside or [Read More …]

New Trade : SSO

Stock / Symbol: ProShares Ultra S&P 500 / SSO Price at trade post: $54.97 Option Strategy: [private_monthly]iron condor[/private_monthly] Reasoning: With about equal upside and downside in the S&P 500 at the moment, we’re going with [Read More …]

Closing Trade : CMG

Stock / Symbol: Chipotle Mexican Grill / CMG Option Strategy: [private_monthly]iron condor[/private_monthly] Trade entry date: Apr 19 Price at trade entry: $432.44 Price at this post: $424.50 Reasoning: Didn’t get our expected move following CMG’s [Read More …]

New Trade : CMG

Stock / Symbol: Chipotle Mexican Grill / CMG Price at trade post: $433 Option Strategy: [private_monthly]iron condor[/private_monthly] Reasoning: With CMG set to report earnings this evening, we’re expecting at least a [private_monthly]5% move in either [Read More …]

Closing Order Adjustment : NFLX

Stock / Symbol: Neflix / NFLX Option Strategy: [private_monthly]iron condor[/private_monthly] Trade entry date: Jan 25 Price at trade entry : $94.95 Adjustment: [private_monthly]We didn’t get our expected intra-day pull back. With NFLX over $120, our [Read More …]

Closing Trade : NFLX

Stock / Symbol: Neflix / NFLX Option Strategy: [private_monthly]iron condor[/private_monthly] Trade entry date: Jan 25 Price at trade entry : $94.95 Reasoning: A good earnings report coupled with a large short position have caused NFFX [Read More …]

New Trade : NFLX

Stock / Symbol: Neflix / NFLX Price at trade post: $95.00 Option Strategy: [private_monthly]iron condor[/private_monthly] Reasoning: With earnings due out this evening, we’re putting on [private_monthly]an iron condor trade that bets NFLX will not move [Read More …]

Closing Trade : AAPL

Stock / Symbol: Apple / AAPL Option Strategy: iron condor Trade entry date: Jan 24 Price at trade entry: $423.17 Reasoning: With AAPL trading near the lows of the day, we’re going to close the [Read More …]

Trade Update : AAPL

Stock / Symbol: Apple / AAPL Option Strategy: iron condor Trade entry date: Jan 24 Price at trade entry: $423.17 Update: We got the pop we expected from AAPL. As long as AAPL stays above [Read More …]