QQQ – Fibonacci Retracement

$330 Profit Bear Put Spread Date Option Price Stock Price Entry 5/30/2019 $2.28 $176.33 Exit 5/31/2019 $2.61 $174.59 Trades to open position No. Price Total buy 5th Jul $177.50 Put 10×100 $5.32 $-5320.00 sell 5th Jul $171.50 Put 10×100 $5.21 $3030.00 Total $-2290.00

AAPL – Fibonacci Retracement

$790 Profit Diagonal Spread Date Option Price Stock Price Entry 5/14/2019 $2.53 188.29 Exit 5/17/2019 3.32 187.05 Trades to open position No. Price Total buy 21st Jun $185.00 Put 10×100 $4.98 $-4986.00 sell 7th Jun $180.00 Put 10×100 $2.45 $2456.00 Total $-2530.00 Exit comments: I unraveled this combination and bought back the Read more…

My Trading Plan

The Short Version: My trading plan is built into each one of my STRATEGIES. The long version is below. Intro In order to trade successfully, I have learned I need to have the right tools to trade with, the right temperament, and good money management skills. At a minimum, I Read more…

Alibaba (BABA) – Bull Pennant Breakout

$390 Profit in 1 day Diagonal Spread Date Option Price Stock Price Entry 5/2/2019 $ 2.10 190.58 Exit 5/3/2019 2.50 195.26 Trades to open position No. Price Total buy 7th Jun $192.50 Call 10×100 $6.92 $-6920.00 sell 24th May $195.00 Call 10×100 $4.81 $4810.00 Total $-2110.00