AAP – Fly Butterfly

Note to self: Sell this before earnings on August 13, 2019 Date Option Price Stock Price Entry 7/11/2019 $5.35 56.85 Exit Trades to open position No. Price Total buy 16th Aug $145.00 Put 4×100 $6.54 $ – 1020.00 sell 16th Aug $160.00 Put 8×100 $8.24 $ 6592.00 buy 16th Aug $175.00 Put 4×100 Read more…

UAL – Stuck in a Channel

$252 Profit Diagonal Spread Note: Sell before earnings on 7/16/2019 Date Option Price Stock Price Entry 6/13/2019 $3.31 85.85 Exit 7/9/2019 3.65 90.00 Trades to open position No. Price Total buy 20th Sep $85.00 Call 7×100 $6.54 $ – 4578.00 sell 19th Jul $87.50 Call 7×100 $3.25 $ 2275.00 Total $- 2303.00 Read more…

DAL – Inverse Head and Shoulders

$310 Profit Diagonal Spread Note: Sell before earnings on 7/11/2019 Date Option Price Stock Price Entry 6/13/2019 $2.46 56.85 Exit 7/5/2019 $2.76 89.00 Trades to open position No. Price Total buy 20th Sep $55.00 Call 10×100 $4.03 $ -4030.00 sell 12th Jul $58.00 Call 10×100 $1.56 $ 1560.00 Total $-2470.00 Ending Chart

Lyft – Support / Resistance

Diagonal Spread Note: Earnings is 8/6/2019 Date Option Price Stock Price Entry 6/12/2019 $.85 57.95 Exit Trades to open position No. Price Total buy 26th Jul $57.50 Call 20×100 $4.05 $ -8100.00 sell 12th Jul $58.00 Call 20×100 $3.19 $ 6380.00 Total $-1720.00 Ending Chart