Putting on a Bear Call Spread. $1.44 Profit/ Loss $3.66 Max loss is $144. Profit target is $72 It looks like a false breakout and moving sideways. Market is going to get interesting as G20 meeting next week. I'm betting it'll be a letdown.
TSLA bear call spread active. Possible bullish divergence on TSLA on OBV and RSI Once earnings come to pass this may be a very lucrative trade. Goldman Sacks downgraded. I believe the worst is over but it will trend sideways. I also have an iron condor on.
I put on a bear call spread on PANW The IVR was kinda low I have bad risk reward its not 1/3 the width but the false breakout was a lucrative move. I put on the trade. $1.52 7.5 width. Max gain is $76 max loss is $152. Aug 2 exp
XLF 21-Jun-19 Call Credit Spread 30-Day IV: 19.0 +0.6 IV Pct Rank: 74% Elevated +0.31D Long 1 Call: 27 Strike @ $0.24 -0.62D Short 1 Call: 26 Strike @ $0.77 -0.31D Credit: $0.53 Trigger: Unusual Option Volume Target: 50% Credit or 11-Jun-19
closed previously entered bear call spread on X entered 5/24 for .17 credit closed 5/29 .08 debit net $9 profit
opened 115/116 bear call spread july exp for .32 credit
open 115/116 bear call spread for .32 credit
opened bear call spread on SPY 285/287 july expiration for .72 credit
need to add more bearish positions because I closed a few this morning opened 86/88 bear call spread for .53 credit 86 is previous R and RSI can't seem to break above 50
opened bear call 14/14.5 for .27 credit reached 50% profit target and closed on 5/29 for .14 debit net $13 profit
May 22 opened bear call spread 25/25.5 for $15 credit reached profit target on May 29 Closed 5/28 $5 debit $10 net profit
closing trade May 24 opened bear call spread 288/289 for $0.35 credit market turned south on trade war fears so drastically that it hit 50% profit target quickly May 29 closed for $.16 net $19 profit
Adding a small Bear call spread on cvna, RSI bearish divergence major market volatility is increasing with tariffs and it's Double top. 70/75 exp June 21 Journal entry and not trading advice
GDX 21-Jun-19 IV30: 22.1, IVR: 41%, ATMIV: 22.9 +0.31D Long 1 Call: 22 Strike @ $0.35 -0.51D Short 1 Call: 21 Strike @ $0.72 -0.20D Credit: $0.37 PCR: 43:57 Comments: GDX is starting to sell off (RSI<30) on weekly chart. Expecting price to stay below 21 for atleast next 2 weeks.
MSFT 05-Apr-19 IV30: 21.7, IVR: 50%, ATMIV: 16.2 +0.18D Long 1 Call: 120 Strike @ $0.25 -0.29D Short 1 Call: 119 Strike @ $0.49 -0.11D Credit: $0.24 PCR:22:78 Comments: Looking for a short term drop to 1ATR low from the 21EMA.
SPY 21-Jun-19 IV30: 13.2, IVR: 56% (Moderate) IVMA20: 11.8, ATMIV: 14.0 Bear Call Spread +0.31D Long 1 Call: 291 Strike @ $3.22 -0.34D Short 1 Call: 290 Strike @ $3.64 -0.03D Credit: $0.42 PCR: 60:40
BMY 17-May-19 IV30:41.7, IVR:99 (Elevated), IV30 MA20: 35.4 Bear Call Spread +0.19D Long 1 Call: 57.5 Strike @ $0.80 -0.28D Short 1 Call: 55 Strike @ $1.29 -0.09D Credit: $0.49
LULU 18-Apr-19 IV30: 52.2, IVR: 92% (Elevated) Bear Call Spread / Call Credit Spread +0.24D Long 1 Call: 160 Strike @ $2.81 -0.32D Short 1 Call: 155 Strike @ $4.13 -0.08D Credit: $1.32 PCR: 53:47