by Tim Biggam | Jan 24, 2020 | Biggam Options Volatility Edge
Our original trade below ACTION Sell to open TSLA 1/24/2020 $605 calls and Buy to open TSLA 1/24/2020 $610 calls For a 1.40 net credit w 0.05 discretion expired worthless, meaning we realized the maximum gain of $140 per spread sold. Now that the market appears to...
by Tim Biggam | Jan 22, 2020 | Biggam Options Volatility Edge
Tesla is getting to extreme levels and finally showing some give back. Let’s position for the rally to stall with a short term bear call spread. ACTION Sell to open TSLA 1/24/2020 $605 calls and Buy to open TSLA 1/24/2020 $610 calls For a 1.40 net credit w...
by Tim Biggam | Dec 6, 2019 | Biggam Options Volatility Edge
Apple has rallied too hard for our original calendar spread. Let’s close out and move on. Make sure to close out by the end of trading today. CLOSE OUT Buy to close AAPL 12/6/2019 $260 calls and Sell to close AAPL 12/13/2019 $260 calls for a $0.70 net...
by Tim Biggam | Dec 3, 2019 | Biggam Options Volatility Edge
Apple has been hit hard on China tariff fears but is beginning to firm up .Let’s jump in with a counter trend short term call calendar spread. TRADE IDEA Buy to open AAPL 12/13/2019 $260 calls and Sell to open AAPL 12/6/2019 $260 calls for a $1.60 net...
by Tim Biggam | Nov 20, 2019 | Biggam Options Volatility Edge
Target (TGT) reported earnings that beat, but stock is getting a little extended. Still have a very nice term structure of vol edge as well. TRADE IDEA Buy to open TGT 11/29/2019 $124 puts and Sell to open TGT 11/22/2019 $124 puts for a 40 cents net debit...