Saturday, January 10, 2015

$TWTR short calls as part of diagonal spreads

been selling short 41 calls since entry and will continue to hold next weeks 41's till the end of the week. would like to sell the 43's for right before earnings opex and possibly the earnings week ones as well..gets me right above the moving averages. see where we are at at the end of the week.

$BABA short call as part of diagonal spread

as mentioned on previous blog posting..to keep the diagonal spread going..sold the two weeks out short call targeting the strike level right at the 50day moving average..so sold the 108's.

Friday, January 2, 2015

$BABA diagonal spread

BABA - have 2017 Deep In The Money (DITM) calls... will continue to sell upside short calls going 2-3 weeks out to keep the diagonal spread going. Minimum target for the upside strike price is above the 50day moving average. if stock price is near the 50day then best case at least above the 111-112 ish level.