The iron condor is a strategy that can be used to profit from a relatively range in the price of an underlying asset. In this blog post, we will discuss a sold iron condor on United Airlines (UAL) with an options expiration of January 26, 2024. What is an Iron Condor? An iron condor is a four-leg options strategy that consists of a short put, a long put, a...
In this post, I will discuss a re-entry of the same trade, but with a wider margin of safety. I sold a call option with a strike price of $498 and buying a call option with a strike price of $502 exp 16-feb-2024 Reasoning for the Wider Margin of Safety: There are two main reasons for the wider margin of safety. First, the SPY has been trading in a very strong...
The Bull Put Spread is a versatile options strategy that can be used to generate income and limit downside risk. It is a popular strategy among traders who are bullish on a stock but are concerned about a potential decline in price. What is a Bull Put Spread? A Bull Put Spread is a strategy that involves selling a put option with a higher strike price and buying...
Introduction: Walgreens is one of the largest drugstore chains in the world, headquartered in the United States. The company has recorded steady growth in recent years, thanks to its market-leading position and its international expansion strategy. The trade: I opened a bull put selling trade. This trade consists of selling a put with a strike price below the...
Title: Nike stock options trading strategy: selling a bull put with 95 and 90 strike options expiring on February 16, 2024. Summary: Selling a bull put with 95 and 90 strike options expiring on February 16, 2024 is an options trading strategy that can be used to generate a profit when the price of Nike stock is expected to remain stable or increase slightly. In...
Yesterday, January 3, 2024, I opened a vertical bear call spread on SPY, the ETF that tracks the S&P 500 index. I bought a call with a strike price of $496 and sold a call with a strike price of $501, both with an expiration date of February 16, 2023. I am predicting that the stock market will move: Downward Sideways With a slight upward movement that...
With the upcoming earnings announcement for Walgreens Boots Alliance, Inc. (WBA) scheduled for January 4, 2024, traders are gearing up for potential market fluctuations. Earnings reports often bring increased volatility, presenting both opportunities and risks for investors. One options strategy that traders may consider to navigate this uncertainty is the Iron...
FedEx Corporation (NYSE: FDX) will release its earnings for the third quarter of 2023. With the market expectations high, investors are eagerly awaiting the company's performance. Amidst this anticipation, an iron condor strategy can be a prudent approach to navigate FedEx's earnings and potential post-earnings volatility. Understanding an Iron Condor An iron...
Introduction: Lennar Corporation, a prominent player in the homebuilding industry, recently released its earnings report, providing investors with valuable insights into the company's financial health and future prospects. In light of this information, we will examine the potential for a bear call option strategy on Lennar, focusing on the position opened on...
"Considering the latest quarterly report from #oracle, Bear Call on $107 / $111 with expiration on 12/22/23. Strategy initiated on 12/13/23. 📆 Rationale: Quarterly analysis and market reaction. 📊 Seize the option wisely! #TradingOptions #BearishStrategy #FinancialOptions. Relying on statistical analysis for support. Monitoring closely and ready for updates and...
In the world of trading, there are a variety of strategies that investors can employ to maximize their returns. One such strategy that has gained popularity in recent years is the vertical spread bull put. This strategy involves buying a put option with a lower strike price and selling a put option with a higher strike price. Understanding Vertical Spread Bull...