Hello Suckers …


Making 45% Annually Trading Options Against Dividend Growth Stocks
  • Home
  • About
  • Futures
  • Calendar
  • Strategy
  • Dividend CCC
  • Watchlist
  • Triggers
  • Cash Rules
  • Trades & Income
  • Contact
  • Disclaimer


TECK strangle #3

UPDATE: June 16, 2017
 

When I was opening this trade I felt confident that this is a safe bet. Apparently not. Mr Market can be very challenging trying to take your money away. That’s why it is important to have a strategy for days when the market goes against you. And believe me, it will be most of the time!
 

As TECK continues down on lowered guidance, our July 7th 20.50 calls closed for 0.02 debit today (remember, after I open a strangle trade, I immediately place a closing GTC order, which executed automatically once the conditions are met).

Since our calls closed, I decided to roll the put side lower the same way as I did yesterday with June 30 trade. Here are all trades review:

 
BTC 1 TECK Jul7 20.50 call @ 0.02 debit
 

and here is the roll:

 
BTC 1 TECK Jul7 16.00 put
STO 1 TECK Jul7 15.50 put
STO 1 TECK Jul7 16.50 call
 

@ 0.12 credit limit day
 

After the old call closed I rolled the above put down a bit and added a new call creating a new strangle. I expect one leg will have to be rolled again later on (I will wait closer to expiration for the next roll).
 

ORIGINAL TRADE: June 8, 2017

 

Show more...

 

Tomorrow morning June 09, 2017 I will be opening another TECK strangle:
 

STO 1 TECK Jul7 16.00 put
STO 1 TECK Jul7 20.50 call
 
@ 0.30 credit
 

Trade opened this morning @ 0.32 credit
 

TECK @ $18.14
Trade IV: 43.88%
 

Share this:

  • Click to share on Facebook (Opens in new window)
  • Click to share on Twitter (Opens in new window)
  • Click to email this to a friend (Opens in new window)




One response to “TECK strangle #3”

  1. Guest Posting Tips says:
    November 24, 2018 at 9:14 am

    Your blog has very unique information for unique topic which you have written. thanks for sharing with us good information.

    Reply

Leave a Reply Cancel reply

Your email address will not be published.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


5 Best Investing Tips from Warren Buffett



Video archive >>
 



Follow Us

  • Subscribe via RSS
  • Facebook Fan Page
  • Follow my tweets

What do you think?

Are you bullish or bearish?


View Results

Loading ... Loading ...



Make money with covered calls


Dividend Growth Stocks
Dividend Growth Investor



Pages

  • About this blog
    • Contact me
    • Our Team
    • What you find here
  • Calendar
  • Cash Management
  • Disclaimer
  • Interested in reciprocal links?
  • Lending Club Holdings
  • My Holdings
  • Newsletters
  • Strategy
  • Trades & Income
  • US Futures
  • Watchlist

Categories

  • Dividend Investing (106)
  • General Info (33)
  • Guest post (55)
  • Lending Club (15)
  • Market (463)
  • Motif Investing (13)
    • Undervalued Stocks (8)
  • My blogroll (42)
  • My Goal 2013 (8)
  • My Goal 2014 (15)
  • My Goal 2015 (10)
  • My Goal 2016 (14)
  • My Goal 2017 (19)
  • My Goal 2018 (61)
  • My Goal 2019 (1)
  • No Category (13)
  • Options Picks History (245)
    • (AAPL) (10)
    • (ABBV) (1)
    • (AGU) (1)
    • (AMZN) (18)
    • (ARR) (4)
    • (BA) (2)
    • (BAC) (1)
    • (BEN) (1)
    • (CG) (2)
    • (CLF) (2)
    • (CMCSA) (1)
    • (COF) (3)
    • (COP) (1)
    • (CVX) (1)
    • (DMD) (7)
    • (DPZ) (3)
    • (EGHT) (3)
    • (ESV) (2)
    • (ETE) (3)
    • (FCX) (1)
    • (FDX) (2)
    • (FGP) (3)
    • (GG) (1)
    • (GLW) (9)
    • (GME) (6)
    • (GOOGL) (1)
    • (HD) (1)
    • (KMI) (2)
    • (KO) (2)
    • (KOG) (4)
    • (LGCY) (4)
    • (LINE) (1)
    • (LULU) (3)
    • (MBI) (5)
    • (MMM) (2)
    • (MOS) (1)
    • (MSFT) (1)
    • (MU) (2)
    • (NFLX) (3)
    • (O) (10)
    • (PBI) (4)
    • (PSEC) (1)
    • (ROBO) (1)
    • (SDLP) (1)
    • (SPX) (63)
    • (STX) (8)
    • (SWY) (10)
    • (T) (5)
    • (TASR) (17)
    • (TECK) (5)
    • (TEVA) (3)
    • (TRGP) (1)
    • (TWTR) (3)
    • (VMW) (1)
    • (WYNN) (3)
    • (X) (7)
  • Options Trading (147)
  • Personal Finance (17)
  • Picks history (357)
    • (AAPL) (1)
    • (ABBV) (2)
    • (ABT) (5)
    • (ADM) (1)
    • (AGNC) (45)
    • (ARR) (4)
    • (AWK) (31)
    • (BA) (1)
    • (BABA) (2)
    • (BBEP) (1)
    • (BIDU) (1)
    • (CVX) (45)
    • (FEZ) (3)
    • (FULL) (2)
    • (GLD) (4)
    • (GME) (1)
    • (HD) (31)
    • (JNJ) (13)
    • (KMB) (32)
    • (KMP) (5)
    • (KO) (13)
    • (LGCY) (2)
    • (LO) (2)
    • (MA) (1)
    • (MCD) (46)
    • (MMM) (1)
    • (MOS) (1)
    • (MU) (1)
    • (NGLS) (4)
    • (O) (20)
    • (OHI) (28)
    • (ORI) (1)
    • (OXY) (31)
    • (PG) (31)
    • (PPL) (1)
    • (RWX) (2)
    • (STX) (1)
    • (T) (7)
    • (TEP) (1)
    • (VIPS) (1)
    • (VLO) (1)
    • (WMT) (1)
    • (XOM) (31)
    • (YY) (1)
  • ROTH IRA (88)
    • (AGNC) (6)
    • (COP) (4)
    • (CVX) (1)
    • (ESV) (2)
    • (ETE) (7)
    • (JNJ) (1)
    • (KMI) (2)
    • (KMP) (1)
    • (LGCY) (1)
    • (MA) (2)
    • (O) (2)
    • (PPL) (1)
    • (PSEC) (2)
    • (RWX) (4)
    • (STX) (6)
    • (TECK) (8)
    • (TLN) (1)
    • (VLO) (2)
    • (VNR) (1)
  • Strategy (285)
  • Supper Qicky Note (11)
  • Video archive (7)

Recent Comments

  • Martin on ADDING AT&T (T) SHARES
  • Iris on ADDING AT&T (T) SHARES
  • Martin on ADDING AT&T (T) SHARES
  • DivHut on ADDING AT&T (T) SHARES
  • Martin on Abbott Labs raises dividends by 14.29%

Recent Posts

  • VLO increased dividend by 12.50% February 14, 2019
  • MMM increased dividend by 5.88% February 14, 2019
  • KMB increased dividend by 3.00% February 13, 2019
  • CVX increased dividend by 6.25% February 13, 2019
  • ADM increased dividend by 4.48% February 12, 2019
  • ADDING AT&T (T) SHARES February 4, 2019
  • January 2019 trading and investing results February 2, 2019
  • Adding STX shares to our portfolio January 28, 2019
  • December 2018 and end of year trading and investing results January 27, 2019
  • Realty Income (O) Announces 3% Dividend Increase January 15, 2019

Calendar

February 2019
S M T W T F S
« Jan    
 12
3456789
10111213141516
17181920212223
2425262728  

Investing Links

  • Accumulating Assets
  • amber tree leaves
  • Brick By Brick Investing
  • Dennis McCain Investing
  • DivGro
  • DivHut
  • Dividend Detective
  • Dividend Growth Investor
  • Dividend investing
  • Easydividend
  • FI Fighter
  • Five minute investing
  • Fully Informed
  • GrooveWallet
  • Passive Income Pursuit
  • Retire Before Dad

Links

  • A.S.
  • A.S.2

Money Making

  • GrooveWallet

Options Trading

  • amber tree leaves
  • Learn To Trade The Market
  • My Trader's Journal
  • Option Alpha
  • Options Hunting

Personal Finance

  • GrooveWallet

Log in

  • Log in
  • Entries RSS
  • Comments RSS
  • WordPress.org

Add your blog to
Blog Directory



Visitors:



Copyright © 2008 - 2019. All Rights Reserved. Designed by ZZ Capital Management, LLC
loading Cancel
Post was not sent - check your email addresses!
Email check failed, please try again
Sorry, your blog cannot share posts by email.