2/23/2020 Plan: Put spread in Axon Enterprise. If one wants to get long the stock, go with the 75/70 otherwise the 70/65. Warning – this trade includes earnings and is a more volatile play. I am long AAXN and looking to add shares. A less volatile play for the week […]
Monthly Archives: February 2020
2/16/2020 Plan: Put spread in Boeing. [Backup plan is 6 March CCL 39/37.5 for 0.22] We sell the 6 MAR BA 317.5/312.5 put spread for 0.50. A more aggressive entry could be the 320/315 for 0.62. Smaller percentage return targeted on this trade, although 10-12% in a few weeks is […]
One of my least favorite airlines to fly is United. I know that All airlines have delays and cancellations, but they made a giant mistake once that kept my wife and two small children from meeting me across the country. In short, they wouldn’t let my family on the first […]
2/09/2020 Plan: User’s choice of airlines – United (UAL) or Delta (DAL). Or both! We sell the 28 FEB UAL 74/72 put spread for 0.25 or sell the 28 FEB DAL 55/53 put spread for 0.31 Intent is to hold until expiration or remove for a few cents on a […]
2/02/2020 Plan: AMC Networks – AMCX – Sell 21 FEB AMCX 35/30 put spread for 0.45 credit We sell the 21 FEB AMCX 35/30 for 0.45. Intent is to take it off if the market quickly recovers for at least 0.25. Good support at the 35 level and if one […]