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Entry comments: Another over extended chart play. 2 day RSI is pegged and my own indicator is signaling a drop in price. I bought the 02/17/2023 $485 put and I sold the 02/17/2023 $480 put for $200. My max gain on this one is $300. I'm anticipating this stock going down.
Exit comments: This was a shitty trade. I broke my rules and did not stick to my plan. This was a losing trade that I saved the loss by closing the long Put first and then let the short put ride till I was in the green and then closed with a small profit. I do not advise doing this it is way to risky.
Entry comments: Opened this vertical call debit spread. bought the 01/20/2023 $12 call and sold the 01/20/2023 $12 call for $0.66. my Max loss on the trade is $66 while my max gain is $334.00. That is a sweet R/R level. Already up 23.48%
Exit comments: Closed out this trade at $1.09. Left some money on the table but that's how it goes sometimes. I go back and figure out why I closed it out early and try to learn from it. It was a profitable trade so it's all good.
Entry comments: Opened this vertical call debit spread. Bought the 01/20/2023 $35 call and sold the 01/20/2023 $40 call for $1.41. my max loss is $141.00 while my max gain is $359.00. Nice R/R level here. Already up 8.51%
Exit comments: Another end of the year play. didn't reach maximum profit but I'll take the 71% gain.
Entry comments: Opened this Vertical debit spread. Bought the 01/20/2023 $71 call and sold the 01/20/2023 $73 call for $0.80. My max loss is $80.00 while my max gain is $120.00. Not a bad R/R level. Already up 20%
Exit comments: This was an end of the year beat down stock strategy play. Worked out nicely. Over an 77% gain I'll take those all day long.
Entry comments: Opened this vertical call debit spread. Bought the 01/20/2023 $11.50 call and sold the 01/20/2023 $15.50 call for $0.48. Max loss is $48.00 while my max gain is $352.00. Nice R/R level on this trade. Already up 11.46%
Exit comments: Closed out of this trade for a nice 68% profit, I'll take that. I see I have the wrong entry I entered at $0.48 not $0.41 I will go back and fix that after I post the exit.
This trade was originally part of a vertical debit put spread. I bought the 04/21/2023 $155 put for $8.02 and sold the 04/21/2023 $150 put for $5.67. I was anticipating this stock to go down. It has been mostly flat or rising. I had bought another vertical call debit spread to turn this into an iron condor hoping to save the trade and turn it into a winner instead of a loss. I still have the $150 put that I am short in hoping to close that out on Monday for additional profit. Didn't happen.
Saw Tesla moving up yesterday so I took a debit call spread position. Bought the 02/17/2023 $90 call and sold the $95 call. It gapped up nicely this morning so I took my profits and got out. It's probably going to run up a bit but without some long term charts with some stacked averages it's still in a down trend. I will be looking for a possible short at a decent fib level. My R/R ratio was horrible but the straight up calls were to pricey. I try not to go over 5% on any trade.
Never attempt to copy or mirror the trades discussed on this website or in alerts. Attempting to do so may result in substantial financial losses. Alerts are not provided in real-time. For that reason, it is highly unlikely you will be able to buy the stocks at the same entry price, or sell the stocks at the same exit price, to achieve the same or similar profits obtained.