3/01/2020 Plan: For most traders, the recommendation is to take the week off. The S&P 500 lost 11.49% last week, a very steep 1 week decline that wiped out a lot of profits for long-only investors and led to margin calls for numerous traders that thought the bull market would […]
Yearly Archives: 2020
91 posts
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 […]
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 […]
1/26/2020 Plan: United Airlines – UAL – Sell 7 FEB UAL 77/75 put spread for 0.24 credit We sell the Sell 7 FEB UAL 77/75 . Intent is to go to expiration, will remove early with a big move up on UAL. Would happily take shares at a more than […]
I have friends that love going on cruises – so much that they prefer it over ‘standard’ vacations. I’ve never actually been on one, but I have invested and traded Carnival, which is the largest cruise line company in the world. The dividend has grown nicely the last few years […]
1/19/2020 Plan: DIS – Sell 24 JAN 142/140 put spread for 0.30 credit We sell the 24 Jan Disney 142/140 put spread for 0.30 credit. Intent is to go to expiration, will remove early with a big move up on DIS. Ok with taking shares if DIS expires between 142/140. […]
1/12/2020 Plan: DIS – Sell 17 JAN 143/141 put spread for 0.40 credit We sell the 17 Jan Disney 143/141 put spread for 0.40 credit. Intent is to go to expiration, will remove early with a big move up on DIS. Ok with taking shares if DIS expires between 143/141. […]