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Posts Tagged With 'strangles'

Posted by Martin May 22, 2017

TECK strangle trade

UPDATE: May 22, 2017   This trade also executed today morning. We collected 0.55 or $55.00 dollars credit and now we are in the trade. Now we have to wait for it to develop. Ideally, we want the stock price to stay in between our short put and call strike until expiration (which is in Continue reading →

Posted by Martin April 25, 2017

TECK short strangle

UPDATE: Apr 25, 2017 BTC 1 TECK Apr28 24.00 call @ 0.02 debit The company reported earnings this morning before market opening. The stock tanked almost 6%. This was great for our remaining calls. We closed our call side of the trade this morning. As of now, we are out of the entire trade for Continue reading →

Posted by Martin April 16, 2017

Trading Diary #5 – stock market in confirmed downtrend

As I wrote in my last trading diary #4 the market struggled to break the downtrend line. Here is a chart I posted the other day to show my point stating that the market had to break above the line (marked with blue arrows):    

Posted by Martin March 15, 2017

(3) X strangle rolled

As the expiration is approaching, time to roll my ITM inverted strangle again (as I do not expect this one to expire worthless). In this roll I continue rolling my puts down and keep calls at the same level. If the stock continues moving higher, I will start rolling calls higher and keep puts at Continue reading →

Posted by Martin January 02, 2017

How I trade strangles

In my previous post I wrote about predicting the market or stock moves and that I do not do it and why. Yet people keep asking me how do I select stocks to trade and how do I trade them when I do not predict their moves and do not study them. I understand their Continue reading →