9/5/2022 Plan: This week we look at Crowdstrike (Ticker: CRWD) – warning, risky trade 9/5/2022 Plan (continued): CRWD – sell the Sept 30 140/135 put spread for 0.45 SPY – sell the Oct 7 420/425 call spread for 0.53 Prices are as of market close 9/2/2022, actual fill and strikes […]
call-spreads
3/14/2021 Plan: A few trade ideas this week, including a put spread in Johnson and Johnson (Ticker: JNJ) 3/14/2021 Plan (continued): JNJ – Sell Apr 16 150/145 put spread for 0.45+ PFE – Sell Apr 9 33.5 puts for 0.40+ TME – Sell April 16 30/33 call spreads for 0.41 […]
I’m bearish on DoorDash. I’ve been a user since before COVID, but really only when they offer a great deal – no delivery fee, $10 off, etc. During COVID, our family has used the service a bit more – but again, with promotions. They even offered a bonus $10 gift […]
When selling options, there is always a chance that the option owner can exercise early, leaving the option seller with stock that they weren’t anticipating – either 100 long shares if they sold a put, or 100 short shares if they sold a call. This can cause confusion, particularly if […]
I don’t win on 100% of my trades. You don’t either. That’s to be expected. You can Estimate the probability of a trade winning in a variety of ways, but it is only an estimate and it certainly isn’t 100%! Sometimes you even place a trade and you are perfectly […]
Simply put, betting against Apple is a bad idea. I’m going to recommend it anyway. 10 years ago Apple (Ticker: AAPL) was trading in the 30s. It is currently, as of 5/15/2020 above 300, up over 9 times while the broader market is up less than 3 times. Buying and […]
5/17/2020 Plan: Two ideas to consider this week – one bearish positions and one bullish. Pick one or the other, or both! 5/17/2020 Plan (continued): AAPL – 5 Jun- Sell 330/335 call spread for a 0.47 credit. JPM – 5 Jun – sell the 78/75 put spread for a 0.51 […]
I’ve taken zero Uber rides since COVID-19 began. How many have you taken? Prior to the crisis, I’ve used the service quite a bit, especially when on business travel. It is convenient and links up nicely with my expense reports. The company loses a lot of money, so while the […]
4/5/2020 Plan: With many US States restricting travel, Uber (Ticker: UBER) volume is way down. Their Uber Eats service is likely way up, but with fierce competition, they are losing money on every delivery. While I do enjoy using the service, I have been bearish on Uber and Lyft. With […]
When was the last time you took an Uber? Probably before the pandemic… How about a Lyft? I don’t remember either. A clear number two in the ride sharing industry, with riding volumes down, and the recent rally slowing down, this is a reasonable time to put on some bearish […]