The LOGI trade filled for me, waiting to see on the others.
For the Kimberly-Clarke trade with a net debit of $0.40, I show a max gain of $420, a max loss of $280 and a breakeven at $137.60 - to have it be max gain $350, max loss $350 and breakeven at $137.50, I think it would need to be a net debit of $0.50.
ALK beat on top and bottom lines but is down 11% anyway today due to weaker than expected revenue guidance. These calls don't expire until August 18th, so I'll hold this spread for now and see if the stock recovers over the next week or two.
- LOGI beat on top and bottom lines and raised guidance. It's currently trading at $66.78 in the premarket, so if that holds, we should be in good shape with that one.
- ALK and KMB report later this morning.
- I've got a couple of other trades in mind for today; will update you on that this afternoon.
Sad to miss out on last weeks gains as I am totally underwater on the bank puts from over a month ago with no end in sight. I hope you did not exit as I never saw they ever went above the price paid. Do you see ANYTHING coming up on them even breaking even, let alone turning a profit?
The LOGI trade filled for me, waiting to see on the others.
For the Kimberly-Clarke trade with a net debit of $0.40, I show a max gain of $420, a max loss of $280 and a breakeven at $137.60 - to have it be max gain $350, max loss $350 and breakeven at $137.50, I think it would need to be a net debit of $0.50.
ALK beat on top and bottom lines but is down 11% anyway today due to weaker than expected revenue guidance. These calls don't expire until August 18th, so I'll hold this spread for now and see if the stock recovers over the next week or two.
Exited the LOGI call spread today at a net credit of $2.25, for a profit of 80%.
Exited the KMB put spread at a net credit of $0.90 today for a profit of 80%.
A few quick updates:
- The WHR trade never filled for me.
- LOGI beat on top and bottom lines and raised guidance. It's currently trading at $66.78 in the premarket, so if that holds, we should be in good shape with that one.
- ALK and KMB report later this morning.
- I've got a couple of other trades in mind for today; will update you on that this afternoon.
I raised my net debit to $0.40 on WHR; we'll see if I get it before the close.
Sad to miss out on last weeks gains as I am totally underwater on the bank puts from over a month ago with no end in sight. I hope you did not exit as I never saw they ever went above the price paid. Do you see ANYTHING coming up on them even breaking even, let alone turning a profit?