Synaptic724

Synaptic724

Call Spread 415/420, betting it stays below this. Collected $98 per spread on credit expiry is Jan 17. I put on 3 spreads. Max loss is $296

Synaptic724

Iron fly on GLD 134/139/139/144 EXP Jan 17 0.17/0.47/0.52/0.144 Credit collected was $296. Max loss is 204. Looking to profit $75, order set to take profit at the 25% point.

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CMG Credit was $1.25 Target gain will be $70, max loss is $140. Exp Dec 13, 790/795 above support line. It may move lower or move into a range soon.

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Bought a single put Nov 22 EXP strike was 119. Just a quick trade, max loss is $100 max gain is $300 looks like it'll go lower to $114-115. Exit will be next Friday.

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Shorting roku to support $118 if it hold I'll get out Max loss is $100 or if the trend breaks looks like a descending triangle. Max gain will be $200 Nov 22 strike was 120 Put just bought 1 exit will be next week, buying on a friday is kinda dumb but maybe it'll be worth it

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Shop IC EXP Dec 20 Credit was $150 max loss is also $150 Max gain will be $55 as its deltas are 0.28 and 0.16 I bought 2 spreads 245/250/335/340 Wide IC due to IV looks profitable. Risk is low, looks like it will trend down a bit.

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TSLA debit spread 2.31 cost Exp dec 3rd Target gain is $100 max loss is also $100. Looks like a good flag. I have some ICs on this one at the 360 mark top side. Spread is 327.5/332.5

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BA put Credit spread. 0.93 Credit 330/325 Max gain will be $50, max loss $100. Exp Dec 6, Delta 0.23/(0.18) Looks like a high probability trade but not much volatility, I should have done this a few days ago when it was at $340.

Synaptic724

Since IV is high on tesla I'm putting on BOLD play. This looks like low risk high reward. 270/275/360/365 Iron Condor Exp Dec 20th. 3 spreads. Credit per spread was 1.43 5 point wide. Credit collected is $429 this will be my max loss. 30 delta call and 16 delta put I want to take my profits at around 30% max credit which will be $130 profit. This looks...

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Call Credit spread Roku at the money, seems to slowly be losing power. Earnings are coming soon so this could end bad but we'll see how it pans out. 140/145 Exp Dec 6th. 2.28 Credit Max gain will be $115. max loss is $230.

Synaptic724

Credit spread on PXD $1.48 Credit Exp Dec 6, Delta is 0.3497/(0.23) Its pretty bullish. I decided this could be a good trade. I'll take the added risk Max gain is $0.75 max loss is $150. Moving out of support pre-earnings.

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NOW call spread 247.5/255 Cost of spread was $3.33 Max gain is 4.17. Target is $200 max loss is $150 if it goes lower Nov 29 is expiry. Looks good fell low but pulling back strong.

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AYZ had a good earnings may move higher. Spread cost was $4.0 width is 10 points Max gain is gonna be $150 so I'm selling at 5.5 and max loss is $200 if it fails to move higher. Exp Dec 20. Tons of time. 100/110

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Call Spread on CAT may move higher looking very strong. Call spread cost was 2.18 Max loss is $130 max loss is $100 Exp Nov 29. Call Spread is 141/146

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Iron Fly I got a bad credit on it I should have tried for more, $7.20 credit and 280 max loss. 118/128/128/138 Dec 6th.. So the plan is to take a profit of at least 25% of the credit. Which is $180. Max loss is also $180. Delta's on the wings were pretty good around 0.25-.26 so this should be a decent trade and PXD doesn't move all that much after earnings.

Synaptic724

NFLX looks pretty strong This was honestly too expensive of a spread but the trade is worth it 2.25/ 5points 290/295 Call Spread, Nov 29 exp. Max gain is 2.75 I want to exit the trade at 3.50 max loss is $100 Looks very probable.

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Call Spread 347.5/355 Cost was 3.30 max gain is 4.2 Max loss is $150 max gain is $200. Dec 6 EXP, looks like it could move higher as 1 hour chart has a ascending triangle.

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I haven't done a neutral strategy in awhile so lets go ahead and give this a shot, 180/190/190/200 Iron Fly, Credit collected was $800 max loss is $200. Max gain is $200 while max loss is $100 I plan to take a profit after 2-3 weeks if the position goes in my favor. Otherwise I'll leave the position and tax a loss at my target if it doesn't pan out. If the...