9/20/2020 Plan: We look to sell a put (or spread) in Slack (Ticker: WORK) 9/20/2020 Plan (continued): WORK – Sell 1 of the 2 October 23.5 puts for 0.32 OR the 22.5 put expiring 9 October for 0.28 WORK – Sell 2 of the 2 October 23.5/21.5 puts for 0.25 […]
WORK
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Day before earnings – “XYZ reports tomorrow, I know it is going to beat expectations, and I’ve loaded up on calls!” Day of earnings – “XYZ crushed it, but XYZ went down” or “XYZ crushed it, but my calls dropped in value” I receive lots of questions and see plenty […]
8/16/2020 Plan: We look to sell a put in Slack (Ticker: WORK) again this week, to take advantage of the higher implied volatility. 8/16/2020 Plan (continued): WORK- Sell 1 of the 4 September 25 puts for 0.31. If it is available, may do the 24.5 put for 0.28 We will […]
7/26/2020 Plan: Last we we tried to sell puts (or put spreads) in Slack (Ticker: WORK). This week, we try again! 7/26/2020 Plan (continued): WORK – Sell 1 of the 21 August 25 puts for 0.34. You could spread with the 23 strike for 0.25. Prices are as of market […]
3/15/2020 Plan: Volatility remains very elevated, with circuit breakers being tripped in both the futures and daytime markets. There is no harm in sitting out the market another week, waiting for the markets to stabilize. For this week’s trade, we look at a name that should see some support as […]