AAP – Fly Butterfly

The puts ended up getting exercised on 8/13 after the market closed on earnings day. It was scary to wake up the next morning and see a 128,000 debit in my account. It is apparently common. No problem, I just sold the stock and ended up with a PROFIT of 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

$200 Profit Diagonal Spread Note: Earnings is 8/6/2019 Date Option Price Stock Price Entry 6/12/2019 $.85 57.95 Exit 6/25/2019 .95 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

AYI – Inverse Head and Shoulders

$200 Profit Calendar / Diagonal Spread Close this trade before Earning on July 3, 2019 Date Option Price Stock Price Entry 6/10/2019 $.85 $57.60 Exit 6/25/2019 .95 63.91 Trades to open position No. Price Total buy 16th Aug $125.00 Call 5×100 $14.93 $- -7465.00 sell 19th Jul $130.00 Call 5×100 $10.42 $ Read more…

TEVA – Bull Call Spread $45 Profit

$45 Profit Bull Call Spread Date Option Price Stock Price Entry 6/3/2019 $1.59 $8.83 Exit 6/11/2019 1.62 $9.12 Trades to open position No. Price Total buy 20th Sep $8.00 Call 15×100 $1.80 $-2700.00 sell 20th Sep $13.00 Call 15×100 $0.21 $315.00 Total $-2385.00