Weekly Recap March 2, 2018

March 2, 2018by adminc0

Trades listed in the weekly recap, which are part of our options trading services, either hit a take profit level had a stop loss or the trade expired


Feb 26

Purchase MU March 16, 2018, $50 Call at $0.75 or lower

Take Profit is  $1.50

profit taken at $1.50


Feb 20

Purchase ATVI March 16, 2018, $75 Call at $0.87 or lower

Take Profit is  $1.70

profit taken at $1.70


Feb 15

Option trading alert UVXY

Sell to Open 2018 MAR 2  $13     Put       (0.73)
Buy to Open 2018 MAR  2  $12    Put       (0.43)

For a total credit of $0.30
Both options expired worthless a gain of $0.30


Feb 13

Option trading alert PYPL

Sell to Open 2018 MAR 2  $78.5     Call       (0.62)
Buy to Open 2018 MAR 2  $80.0    CAll       (0.35)

For a total credit of $0.27

The $78.5 call expired in the money (exit short stock position ASAP), the $80 call expired worthless). Loss = $0.10 = $78.87 – $78.50 + $0.27

 


Feb 9

Bull put Spread on SNAP as part of the option wisdom option trading services

Option trading alert

Sell to Open 2018 MAR 2  $17.0     Put       (0.52)
Buy to Open 2018 MAR  2  $15.5     Put       (0.24)

For a total credit of $0.27

Both Options expired worthless a gain of $0.27


Feb 7

Purchase BAC March 2, 2018, $33 Call at $0.24 or lower

Take Profit is  $0.50

Stop loss is the premium of the option

This option expired worthless a loss of $0.24

adminc


Leave a Reply

Your email address will not be published. Required fields are marked *