Continue End of Year Trade

Hey

Now that earnings are generally out, the end of year trade should be fully invested. The $180.00 target on SPY is still the plan. The government shutdown is over. The earnings have been ok without any big misses that would affect the trajectory of the trade. An analysis of the situation will continue to the end of the year. The trade should have started with the SPY trading at $171.00. A $9.00 profit on the trade represents a 5+% return in 3 months time. If you chose to trade options on this information, the profit would be far more.

Possible End of Year Trade

Start End of Year Trade

Happy Trading!

New Trade in JPM August Calls

A new trade purchasing the JPM Aug $55.00 call has happened. The calls were purchased for $1.82. The target is $3.50. The stock is currently trading at $56.14. 

Other current trades include an Aug 16 NTAP $40.00 call and an Aug 2 GLD $121.00 put.

 **Disclaimer - This blog is just reporting information and should not be considered as a recommendation to buy or sell any financial instrument. Do your due diligence before investing or trading. ** 

Starbucks Trade Over and Profitable

The stop price was hit on the Starbucks July $65.00 call trade. The trade was profitable. Stats are below.

Type: July $65.00 call
Entry Date: June 13
Entry Price (including commissions):  $195.00
Close Date: June 19
Close Price (after commissions): $231.00


**Disclaimer - This blog is just reporting information and should not be considered as a recommendation to buy or sell any financial instrument. Do your due diligence before investing or trading. **

Welcome

This space will be dedicated to most things trading. The focus of the blog will be on trades made. But other information and news will be posted here as well. Feel free to comment respectively on any of the posts. Good luck to all.