LMT closed Feb expiration at 440.72, which was under the sold call strike of 485.So, the position expired worthless and we got to keep the full credit. 25TRD-002Position made a gain of $456 on $3544 invested which is 12.86%
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Following good earnings, ABNB spikes up 25+ points.This position moved to near full loss. Putting on this trade during it’s earning cycle was a mistake.Closed it out. BUY 10 TO CLOSE ABNB 21-Feb-25 140 CALL 16.25 5.00 25TRD-001 SELL -10 TO CLOSE ABNB 21-Feb-25 145 CALL 11.24 DEBIT The spread will expire in 25 days
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Barrick Gold Corporation (GOLD) earnings are coming in a few weeks and we see this stock has been bottoming out and very near the 50 SMA. We are expecting good earnings and stock to move up a bit and so have opened up a covered call position. BUY 400 TO OPEN GOLD 16.66 STOCK 16.19
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Following earnings report, NOW crashed around $120 (around 10%) and crossed under the 50 SMA with huge volume.We are taking this oppurtunity to sell a near month Bear Call spread expecting that this stock will not breach $1100 on the upside in the near team. SELL -10 TO OPEN NOW 21-Feb-25 1100 CALL 4.40 .40
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AVGO is in the semiconductor industry which has been showing fair amount of volatility recently. Price went down by around $30 in 1 day and we want to come in and take advantange of the high premiums. high.Expecting the stock price to remain under $240 until Feb expiry, so sold a Feb monthly expiry Bear
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IBM released earnings and stock price galloped up $25. Stock is showing strong uptrend gapped up above the highs of last 4 months.We think that IBM will continue to move higher.So, we have sold a Feb monthly expiry Bull Put Spread. SELL -10 TO OPEN IBM 21-Feb-25 237.5 PUT 1.38 0.65 25TRD-003 BUY 10 TO
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LMT has been on a strong downtrend for the last 4 months, They reported earnings this morning and the stock price tanked further by another $30. So , put on this Bear Call Credit spread as expecting it be weak on the upside and possibly even going down further. SELL -8 TO OPEN LMT 21-Feb-25
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Though BABA earnings are comng up before our short call expiry, we want to gain from the elevated premiums. Stock charts showing prices on the uptrend for the short term. BUY 100 TO OPEN BABA STOCK 96.14 DEBIT 25INC-003 SELL -1 TO OPEN BABA 21-FEB-25 95 CALL 5.75 CREDIT Breakeven is around $90..65 and we
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CLSK (CleanSpark, Inc.) is a bitcoin play. We are also in earnings season. But happy to pull in that elevated premium. SELL -6 TO OPEN CLSK 21-FEB-25 10 PUT 0.93 CREDIT 25INC-002 Breakeven is around $9.10 and we have 23 days for the sold put to expire. If the stock remains above $10, we can
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SOFI earnings are behind us so there will be less volatity on this stock. There is still sufficiently high IV to make some returns on a covered call. BUY 400 TO OPEN SOFI 15.76 STOCK 1.83 DEBIT 25INC-001 SELL -4 TO OPEN SOFI 21-FEB-25 15 CALL 1.37 CREDIT Breakeven is around $14.50 and we have
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