Weekly Recap June 8, 2018

June 8, 2018by adminc

Trades listed in the weekly recap, which are part of our options trading services, either hit a take profit level had a stop loss or the trade expired


 

May 30

Purchase MNST June 29, 2018, $55 Call at $0.40 or lower

Take Profit is  $0.80

Stop loss is the entire premium of the option

profit taken at $0.80


May 23

Bull put Spread on BIDU as part of the option wisdom option trading services

Option trading alert

Sell to Open 2018 JUN  8  $222.5    Put       (1.35)
Buy to Open 2018 JUN  8  $220.0    Put       (1.10)

For a total credit of $0.25

Both options Expired worthless a gain of $0.25


May 18

Bull put Spread on PYPL as part of the option wisdom option trading services

Option trading alert

Sell to Open 2018 JUN  8  $77.0    Put       (0.71)
Buy to Open 2018 JUN  8  $75.5    Put       (0.46)

For a total credit of $0.25

both options expired worthless a gain of $0.25


May 14

Purchase CZR June 15, 2018, $14 Call at $0.20 or lower

Take Profit is  $0.40

Stop loss is the entire premium of the option

profit taken at $0.40


 

adminc