Closing

Trades ·
Closing ·

The /CL Trade Is Expiring for a $500 Loss

October 14, 2021·

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Trades ·
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Closing Kirkland Lake Trade for $1,050 Profit

October 7, 2021·

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Historical Trades ·
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Closing STNG Position for a $610 Profit

September 1, 2021·

Scorpio Tankers’ share price has rebounded allowing me to close out the position for a $610 profit per 10 lot. This trade only took one week to work out. Bought STNG 10/15/21 Put 15.00 @ 0.61Filled at: Sep 1, 2021 11:12:04 AM EDT

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Historical Trades ·
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Closing the AMZN Vertical Put for $10,000 Profit

August 30, 2021·

I am closing the AMZN vertical put for 85.55 resulting in a $10,000 profit on a 10 lot. You can do better than that now. Bought AMZN 09/17/21 Put 3450.00 @ 101.45 Filled at: Aug 30, 2021 9:33:05 AM EDT Sold AMZN 09/17/21 Put 3250.00 @ 15.90 Filled at: Aug 30, 2021…

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Closing DLTR Vertical Put Spread for $900 Profit

August 25, 2021·

This is a late entry. I am buying back the DLTR put spread for $0.90 which results in a profit of $900 for a 10 lot. Bought DLTR 09/17/21 Put 100.00 @ 1.82Filled at: Aug 24, 2021 2:50:22 PM EDT Sold DLTR 09/17/21 Put 95.00 @ 0.92Filled at: Aug 24, 2021 2:50:22…

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Closing Gold Futures August Put Spread for $860 Profit

July 29, 2021·

I am buying back the gold futures August put spread for 10.00 resulting in a profit of $860 per one lot. This latest jump in the price of gold along with a dwindling volatility turns this position into a nice winner. Bought 1 /GCV1 OGU1 08/26/21 Put 1800.00 @ 14.8Filled…

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Historical Trades ·
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Closing the Alcoa Put Spread for $630 Profit

July 23, 2021·

I am buying back the put spread for 0.65 which leaves a profit of $630 per 10 lot. Alcoa’s share price held its own and volatility came in. Bought AA 08/20/21 Put 35.00 @ 1.01Filled at: Jul 23, 2021 9:35:23 AM EDT Sold AA 08/20/21 Put 32.00 @ 0.36Filled at: Jul 23,…

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Historical Trades ·
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Closing the X Vertical Put Spread for $550 Profit

June 11, 2021·

US Steel has had a decent run allowing me to take off the vertical put spread for $55 profit per spread or $550 profit per 10 lot. Bought X 07/16/21 Put 25.00 @ 0.82Filled at: Jun 11, 2021 9:31:19 AM EDT Sold X 07/16/21 Put 22.00 @ 0.27Filled at: Jun 11, 2021…

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Closing the NFLX Put Spread for a $1,500 Profit

May 28, 2021·

NFLX has held the line and rebounded some in recent days enabling us to close the put spread for 1.50. This makes it a $1,500 winner per 10 lot. Bought NFLX 06/18/21 Put 485.00 @ 4.40Filled at: May 28, 2021 9:38:27 AM EDT Sold NFLX 06/18/21 Put 475.00 @ 2.90Filled at: May…

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Closing the Boeing Put Spread for a $1,770 Profit

May 27, 2021·

Boeing had a decent run during the past few days allowing us to close the trade for a profit of $1,770 per 10 lot. Bought BA 06/18/21 Put 240.00 @ 3.65Filled at: May 27, 2021 9:53:45 AM EDT Sold BA 06/18/21 Put 230.00 @ 1.85Filled at: May 27, 2021 9:53:45 AM EDT…

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Closing the GDX Trade for $530 Profit per 10 Lot

May 10, 2021·

GDX has risen smartly to the point where I am closing the vertical put spread for a $530 profit. Bought GDX 06/18/21 Put 36.00 @ 0.77 Filled at: May 10, 2021 9:31:21 AM EDT Sold GDX 06/18/21 Put 33.00 @ 0.23 Filled at: May 10, 2021 9:31:21 AM EDT I received an…

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Historical Trades ·
Closing ·

Scratching the Adobe Iron Fly

April 10, 2021·

This trade went bad from the beginning and it took some patience to be able to scratch it (seven adjustments since October). I let this April position head towards expiry instead of rolling it for a small credit as it looked like ADBE was being pinned at $500 which was…

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Closing the Gold Futures Put Spread for a Quick Profit

April 1, 2021·

The price of gold has rebounded during the past two days which provided in a quick profit in the gold futures May put spread. Bought /GCM1 OGM1 05/25/21 Put 1660.00 @ 13.9Filled at: Apr 1, 2021 1:35:08 PM EDT Sold /GCM1 OGM1 05/25/21 Put 1655.00 @ 12.9Filled at: Apr 1, 2021 1:35:08…

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Historical Speculations ·
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Closing Entree Resources (ETG) for a 83% Profit

February 22, 2021·

Copper has been on a serious bull run dragging most copper related equities along for the ride including Entree Resources (ETG). Sandstorm Gold (SAND) continues to accumulate ETG. Ultimately, M&A might propel this equity higher, but I am concerned about a possible short term pullback in copper prices so I am taking…

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Historical Trades ·
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PYPL Iron Condor Is Expiring for a $2,700 Loss

February 19, 2021·

The PYPL iron condor is expiring for a $2,700 loss per 10 lot. The stock ran early and fast after I put on the original position making defensive adjustments difficult. I considered rolling it again, but determined that it would not be worth the debit. Sometimes it is just better…

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Closing SQ Iron Condor for $1,200 Profit

December 17, 2020·

I am closing the SQ position for a $1,200 profit per 10 lot. Bought SQ 01/15/21 Call 260.00 @ 4.40 Sold SQ 01/15/21 Call 270.00 @ 2.99 Bought SQ 01/15/21 Put 185.00 @ 1.11 Sold SQ 01/15/21 Put 175.00 @ 0.52 for a debit of 2.00.

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Closing NVDA Iron Condor for a $2,570 Profit

December 14, 2020·

The NVDA position has surpassed its profit target. I am taking it off for a $2,570 profit per 10 lot. Bought NVDA 01/15/21 Call 640.00 @ 2.18 Sold NVDA 01/15/21 Call 660.00 @ 1.49 Bought NVDA 01/15/21 Put 455.00 @ 4.70 Sold NVDA 01/15/21 Put 435.00 @ 2.56 for a…

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Closing the BABA Iron Condor for $2,100 Profit

November 23, 2020·

I am closing the BABA iron condor for a $2,100 profit per 10 lot. This underlying is still a good candidate for selling premium, but I will wait for an uptick in volatility. STC BABA Dec 235 P / BTC BABA Dec 250 P / BTC BABA Dec 320 C…

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Historical Speculations ·
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Closing TNK for 13.5% Profit

November 9, 2020·

I am closing Teekay Tankers for a quick 13.5% profit. The stock rallied on hopes of improving economic activity given the headline story of Pfizer’s vaccine success. This is a very undervalued equity that does not need a news story to explain a rising share price. I would consider buying this Speculation…

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Closing the CRWD Trade for $2,850 Profit

November 5, 2020·

Closing the CRWD position on its recent rally for a profit of $2,850 per 10 lot. CRWD Dec 110P/-130P for a debit of $5.05.

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Historical Trades ·
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Closing the UVXY Iron Fly for $650 Profit

October 29, 2020·

It has taken some time for this iron fly to become profitable. I am closing the unbalanced iron fly in UVXY for a $650 profit per ten lot. UVXY Nov 10P/-21P/-21C/26C for a debit of 5.25.

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Historical Trades ·
Closing ·

Closing the DOCU Iron Condor for a $1,420 Profit

October 21, 2020·

I am closing the DOCU iron condor for a $1,420 profit per 10 lot. It seems prudent to take off some exposure here. DOCU Nov 170P/-180P/-260C/270C for a debit of 1.88.

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Historical Trades ·
Closing ·

Closing the AMZN Iron Condor for a $2,100 Profit

October 20, 2020·

Amazon will be releasing earnings on October 29. I want to be out of the iron condor before volatility rises going into earnings. Closing it now for a $2,100 profit per 10 lot. AMZN Nov 2500P/-2520P/-3680C/3700C for a debit of 4.70.

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Closing ·

Closing the ZM Iron Condor for a $6,160 Loss

October 16, 2020·

The ZM position closed out today for a $6,160 loss for a 10 lot. The share price was so strong that there was not much that could be done to salvage the position. Losing some is part of the process. It’s about putting the probabilities in your favor, but there…

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The /CL Trade Is Expiring for a $500 Loss

Closing Kirkland Lake Trade for $1,050 Profit

Closing STNG Position for a $610 Profit

Closing the AMZN Vertical Put for $10,000 Profit

Closing DLTR Vertical Put Spread for $900 Profit

Closing Gold Futures August Put Spread for $860 Profit

Closing the Alcoa Put Spread for $630 Profit

Closing the X Vertical Put Spread for $550 Profit

Closing the NFLX Put Spread for a $1,500 Profit

Closing the Boeing Put Spread for a $1,770 Profit

Closing the GDX Trade for $530 Profit per 10 Lot

Scratching the Adobe Iron Fly

Closing the Gold Futures Put Spread for a Quick Profit

Closing Entree Resources (ETG) for a 83% Profit

PYPL Iron Condor Is Expiring for a $2,700 Loss

Closing SQ Iron Condor for $1,200 Profit

Closing NVDA Iron Condor for a $2,570 Profit

Closing the BABA Iron Condor for $2,100 Profit

Closing TNK for 13.5% Profit

Closing the CRWD Trade for $2,850 Profit

Closing the UVXY Iron Fly for $650 Profit

Closing the DOCU Iron Condor for a $1,420 Profit

Closing the AMZN Iron Condor for a $2,100 Profit

Closing the ZM Iron Condor for a $6,160 Loss

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