UNP Put spread Cost was 2.1 Oct 18 exp 165/160 spread, Exit price is 3.48 and max loss is $150
FB seems to be rangebound but its more or less sideways movements. $187.5/182.5 5 point spread Price was decent $2.05 for spread cost exp October 25. Max profit is $1.475/3.525 price of spread at target. Max loss is $153. Market is moving lower as recession fears are picking up but this rate cut should boost sentiments in time after the tariff anxiety...
Shorting FDX after earnings was poorly received. Guidance issues for investors. $147/140 Put Spread 7 point spread Cost was $2.53 Target is $2.24/$4.77 at exit. Max loss is $1.90 to take loss in week before position expiry if I am completely wrong about my position. S/R Breakdown.
EXAS gapped up and sold off trying a short 106/100 put spread 6 points wide Price was $2.28 max gain is $1.86/ $4.14 Max loss is $1.70 taking the loss in the the Oct 14-20 if it goes sour.
PNC may be rebounding a bit for a pullback to 135 Put spread 140/135 Price was $1.92, Spread 5 points. Max loss will be twice the profit. $1.54 will be max profit for a total of $3.46 in the spread. Max loss is 75% of total price of spread. Which may be taken at 75% of duration of option if the play is wrong so October 14-20. If the play turns out to be...
148/143 Put Spread 5 points EXP Oct 4th. $2.31 Target profit target is $3.65 Max loss is $175 Lets see what happens, looks like its going to trend a bit lower.
I'm trying a new strategy, 2 week trade. Sept 27 exp. Cost $1.89 Profit target is $217.70, Cost to cover is $122.85 2.31% of Capital. Good position. This strategy may work out we shall see if SPLK is bearish only downside is I have 2 positions now. However this is simply a test. Lets see how it pans out.
I'm trying a new strategy, 2 week trade. Sept 27 exp. Cost $1.89 108/103 Put Spread Profit target is $217.70, Cost to cover is $122.85 2.31% of Capital. Good position. Only downside is it could bounce as its not a bounce off the trend-line so its more risky in that manner however it could continue lower.
BMPQ Short Spread, Cost $1.93 75/70 Exp October 18 Max loss is $125 max gain is $200 Spread is moderate cost reward ratio is decent. Trending lower however it may hold sideways here and rise we'll see how it pans out. It may fall under its own weight a little bit more into a support zone.
Put Spread on GLD 143/138 Cost is $2.14 EXP is Oct 18 Max loss is $140 Max gain is $190 Gold is starting to go down as market is being sated by good trade news.
Put Spread AVLR Cost 2.19 Max loss is $142 Max Gain is $190 Exp October 18 which maybe took long for this position but it looks like its run out of steam RSI is leading it lower based on the price moves recently. It may sell off and reach $65.
$2.01 Cost of spread $110/105 Put spread Exp Oct 18 Cost of max loss is $130. Max gain is $200 This looks rather bearish against the core market which made a breakout after RSI started to rally against reduced momentum on the bear side. This trade looks fine. Probability is good and reward is decent too.
Cost 1.89 Max loss is $123 Max gain is $200 Spread is 95/90 Put spread Exp October 18, looking like its breaking down from support and moving lower. It may hit $90. Since the market is rallying and this is dropping that's a decent indicator that its overweight. This play is already active and this is not trade advice just my position being tracked on trading view.
Cost of spread is $4.75 300/280 Exp Oct 18 Cost of spread is actually decent for the price. Max loss is going to be $330 max gain is $1000 Earnings were poor so its been falling its consolidating at a lower point perhaps to move lower.
FNV Put Spread 90/95 EXP Oct 18, cost $1.59 Max loss is going to be $100 Max Gain is $2.21 Great Risk to reward ratio. Gold is sinking as it topped out and sentiments are changing to a brighter outcome for the market in general with hong kong simmering down and china + america coming to some trade talks gold seems to be going lower for the time being.
PNC may move lower putting on a spread 125/120 Exp Oct 18 $1.89 cost of spread Max loss is $122 Max gain is $157.25-212.75 This spread may be too long of a duration if I hit target sooner I may take the lower range of my profit target. Lets see how it pans out
Put Spread $3.25 Target Profit is $340. Max loss is $195 Expiry is October 18th. Max loss is if it flys up to 120 and blows me up and if it continues trending it may move lower to 100 its more likely as negative news may outweigh the market next month but these china concessions are interesting we'll see how it works out. Max gain is $100 target on the underlying