Jul 21, 2017 | Weekly Debrief
COF gapped a bit up in the morning then quickly dropped back down to the $84.50 target. When ToS re-entered the limit order in the morning it got an immediate price improvement to $1.69. This netted us a great win of $3960 on this overnight trade.
Note - I recorded the market open as this trade closed. You can see it along with my commentary in the video below.
Jun 30, 2017 | Weekly Debrief
This worked out great. NKE gapped up a bit more than expected but the IV stayed strong and we walked with a nice overall profit.
May 5, 2017 | Weekly Debrief
At the open, we had a great profit on the trade and our exit order got filled at a better than expected price. I sent the alert out saying the profit target order got filled at $1.06 but the fill was actually better due to the market conditions.
May 4, 2017 | Weekly Debrief
ATVI has a high IV on its Friday expiration options as it comes into its earnings announcement tonight. We are using this as an opportunity
Apr 18, 2017 | Weekly Debrief
Our Profit Target order got filled at the open for a $1600 profit. We might have even gotten a bit more if we had gone for it, but I wanted a solid fill. Soon after the open NFLX dropped down to the $144 area where it is sitting now.
Apr 13, 2017 | Public, Weekly Debrief
NFLX has an earnings announcement on Monday after the market closes. We are setting up this trade to use the high IV of the APR21 options to get a large credit that we are protecting with the lower IV MAY12 options. This allows us to create a profit on the trade as the short term IV collapses after the earnings announcement.