Hello Suckers …


Making 45% Annually Trading Options Against Dividend Growth Stocks
advertisement
  • Home
  • About
  • Strategy
  • Watchlist
  • Cash Rules
  • Trades & Income
  • Contact
  • Disclaimer
  • SUBSCRIBERS
  • LOGIN
    • Membership Account
    • Your Profile
    • Membership Levels
    • Membership Invoice
    • Membership Confirmation
    • Membership Checkout
    • Membership Cancel
    • Membership Billing
  • REGISTER
  • ADMIN
Ticker Tape by TradingView
Weekly Newsletter   Challenge account   Weekly Newsletter   


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 a profit.

We originally collected 0.22 credit per contract:
Total = 0.44 or $44 dollars credit
 

We closed both legs for 0.02 per each:
Total = 0.08 or $8 dollars debit

Total profit = $36 in 5 days (0.85% or 61.95% annualized profit)

 

Show more...

 

UPDATE: Apr 24, 2017

BTC 1 TECK Apr28 19.00 put @ 0.02 debit

Closed put side of the trade this morning. Still holding the call side.

 
ORIGINAL TRADE: Apr 20, 2017
 

I like trading strangles. I consider them save and very profitable trades. There are risks involved but if you know how to work with risks, you have nothing to fear. And if there was no risk, there would be no money made.
 

As I mentioned yesterday that I might open a new strangle against TECK in my trading account, here is the trade:

 

STO 2 TECK Apr28 24.00 call
STO 2 TECK Apr28 19.00 put
@ 0.22 credit limit day

 
SPX trend reversal
 

Note, TECK reports ER in this expiration week so the trade may be too risky for some novice traders. I am also widening my strangle spread should the stock act violently after reporting .

The trade executed for 0.22 credit (total 0.44 credit or $42 dollars).
 

I immediately placed a buy back order to buy both legs separately for 0.05 debit.

Share this:

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




Leave a Reply Cancel reply

Your email address will not be published.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

Follow Us

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

Manage Subscription

  • LOGIN
  • Membership Account
    • Membership Billing
    • Membership Cancel
    • Membership Checkout
    • Membership Confirmation
    • Membership Invoice
    • Membership Levels
    • Your Profile



Make money with covered calls


Dividend Growth Stocks
Dividend Growth Investor



Pages

  • Calendar
  • Cash Management
  • Disclaimer
  • Strategy
  • Trades & Income
  • Watchlist

Categories

  • HFEA (8)
  • SPX PCS Alerts (151)
    • SPX PCS Track Record (1)
    • SPX trading information (1)
  • My Goal 2022 (51)
  • Fear 2022 (47)
  • SUBSCRIBERS (95)
    • S1-Statements (1)
    • 01-Course Navigation (1)
    • 02-Billing and Terms (1)
    • 03-Introduction (1)
    • C1-Goal and Benchmark (1)
    • C2-Trading Account (1)
    • R1-Trading Journal (1)
    • A1-Emails Archive (89)
  • Strategy (392)
  • Dividend Investing (309)
  • Options Trading (352)
  • 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 (16)
  • My Goal 2020 (31)
  • My Goal 2021 (68)
  • Market (577)
  • Picks history (407)
    • (VICI) (1)
    • (PMT) (1)
    • (AAPL) (21)
    • (ABBV) (22)
    • (ABT) (5)
    • (ADC) (8)
    • (ADM) (1)
    • (AES) (12)
    • (AFL) (19)
    • (AGNC) (46)
    • (AMZN) (5)
    • (APAM) (12)
    • (ARR) (4)
    • (ASG) (10)
    • (AWK) (31)
    • (BA) (3)
    • (BABA) (3)
    • (BBEP) (1)
    • (BIDU) (1)
    • (BIF) (1)
    • (BX) (1)
    • (CHI) (10)
    • (CSIQ) (1)
    • (CSQ) (9)
    • (CUTR) (5)
    • (CVX) (45)
    • (DDD) (4)
    • (DPZ) (1)
    • (EIM) (2)
    • (ETJ) (1)
    • (EVN) (2)
    • (FEZ) (3)
    • (FULL) (2)
    • (GLD) (4)
    • (GME) (2)
    • (HD) (32)
    • (HP) (2)
    • (ICSH) (6)
    • (IDRV) (1)
    • (IPOE) (1)
    • (ISR) (3)
    • (JNJ) (14)
    • (KMB) (32)
    • (KMP) (5)
    • (KO) (14)
    • (LGCY) (2)
    • (LO) (3)
    • (MA) (1)
    • (MAIN) (8)
    • (MCD) (46)
    • (MMM) (1)
    • (MO) (7)
    • (MOS) (1)
    • (MSOS) (1)
    • (MU) (1)
    • (NEWT) (8)
    • (NGLS) (4)
    • (NIO) (4)
    • (NNDM) (3)
    • (O) (35)
    • (OHI) (28)
    • (OMC) (1)
    • (OMF) (13)
    • (ORI) (1)
    • (OXY) (36)
    • (PACB) (1)
    • (PBCT) (2)
    • (PG) (31)
    • (PLUG) (1)
    • (PMX) (1)
    • (PPL) (4)
    • (QCLN) (1)
    • (QYLD) (10)
    • (RESN) (3)
    • (RWX) (2)
    • (RYLD) (8)
    • (SNOW) (6)
    • (SPCE) (1)
    • (STAG) (8)
    • (STX) (1)
    • (T) (16)
    • (TD) (2)
    • (TEP) (1)
    • (TSLA) (11)
    • (TSN) (1)
    • (VIPS) (1)
    • (VLO) (1)
    • (WEN) (2)
    • (WMT) (2)
    • (XOM) (31)
    • (XONE) (4)
    • (YLCO) (1)
    • (YY) (1)
  • Options Picks History (283)
    • (AAPL) (10)
    • (ABBV) (2)
    • (AGU) (1)
    • (AMC) (1)
    • (AMZN) (18)
    • (ARR) (4)
    • (BA) (3)
    • (BAC) (2)
    • (BB) (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) (7)
    • (GOOGL) (1)
    • (HD) (1)
    • (HP) (1)
    • (ICSH) (1)
    • (IWM) (3)
    • (KBE) (1)
    • (KMI) (2)
    • (KO) (2)
    • (KOG) (4)
    • (LGCY) (4)
    • (LINE) (1)
    • (LULU) (3)
    • (MBI) (5)
    • (MMM) (2)
    • (MOS) (1)
    • (MSFT) (1)
    • (MU) (2)
    • (NFLX) (4)
    • (NOK) (1)
    • (O) (10)
    • (PBI) (4)
    • (PPL) (4)
    • (PSEC) (1)
    • (ROBO) (1)
    • (SDLP) (1)
    • (SNOW) (2)
    • (SPX) (90)
    • (STX) (8)
    • (SWY) (10)
    • (T) (6)
    • (TASR) (17)
    • (TECK) (5)
    • (TEVA) (3)
    • (TRGP) (1)
    • (TSN) (3)
    • (TWTR) (3)
    • (VMW) (1)
    • (WYNN) (3)
    • (X) (7)
  • 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)
  • General Info (36)
  • My blogroll (42)
  • Lending Club (16)
  • Guest post (57)
  • Supper Qicky Note (11)
  • Motif Investing (13)
    • Undervalued Stocks (8)
  • Personal Finance (34)
  • Video archive (13)
  • No Category (13)

Recent Comments

  • Martin on GME – fixing a deep in the money put trade
  • Philippe on GME – fixing a deep in the money put trade
  • D’Mo on What’s with the AT&T (T)?
  • Julie Williams on HFEA March 2022 strategy report
  • Joseph Donahue on Investor’s checklist II.

Recent Posts

  • June 2022 $100 Challenge account review July 2, 2022
  • HFEA June 2022 strategy report July 2, 2022
  • 2022 Week 26 investing and trading report July 2, 2022
  • 2022 SPX put credit spreads trading review – week 26 July 2, 2022
  • 2022 Week 25 investing and trading report June 26, 2022
  • 2022 SPX put credit spreads trading review – week 25 June 26, 2022
  • 2022 Week 24 investing and trading report June 18, 2022
  • 2022 SPX put credit spreads trading review – week 24 June 18, 2022
  • 2022 Week 22-23 investing and trading report June 11, 2022
  • 2022 SPX put credit spreads trading review – week 22-23 June 11, 2022

Calendar

July 2022
S M T W T F S
 12
3456789
10111213141516
17181920212223
24252627282930
31  
« Jun    

Links

  • A.S.
  • A.S.2

Investing Links

  • amber tree leaves
  • Blue Collar Bill
  • DivGro
  • DivHut
  • Dividend Aristocrats List
  • Dividend Detective
  • Dividend Growth Investor
  • Dividend investing
  • Dividend Power
  • Easydividend
  • Five minute investing
  • Fully Informed
  • GrooveWallet
  • Passive Income Pursuit
  • Retire Before Dad

Personal Finance

  • Blue Collar Bill
  • GrooveWallet

Money Making

  • GrooveWallet

Options Trading

  • amber tree leaves
  • Blue Collar Bill
  • Learn To Trade The Market
  • My Trader's Journal
  • Option Alpha

Log in

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

Add your blog to
Blog Directory



Visitors:



Copyright © 2008 - 2022. All Rights Reserved. Designed by ZZ Capital Management, LLC