Quick Take: One Day Wonder – Bullish Trade
Time Frame: One Day
Stock: Bullish Market Edge Opinion-No Position
Desired Stock Price Direction: Up
Option Position: Long Differed ATM -1or -2 Call – Short Expiring ATM +1 or +2 Call
Desired Result: Stock Performs As Anticipated
Maximum Risk: Initial Debit Spread
This Week’s One-Day Wonder Trades
| Market Posture: | Bullish | |||||||
| Off-Strike Horizontal Bullish Trade | ||||||||
| Market | Open | Long | Short | |||||
| Open | Edge | Stock | Option | ATM -1, -2 | ATM +1 +2 | Debit | Debit | |
| Stock | Date | Opinion | Price | Put/Call | Def Option | Exp Option | Spread | Target |
| UPS | 08/16/18 | Bullish | $121.24 | Call | 119.0 | 121.0 | $1.93 | $3.86 |
| Def Option = Next Friday’s Expiration Serial | ||||||||
| Exp Option = This Friday’s Expiration Serial | ||||||||
| Prices Are Thursday Afternoon’s Around 3:00 PM | ||||||||
Results For This Week’s One-Day Wonder Trades
| Market | Open | Close | Open | Closed | Spread | Actual | Total | ||
| Open | Edge | Stock | Stock | Debit | Credit | Profit | Profit | Profit | |
| Stock | Date | Opinion | Price | Price | Spread | Spread | Loss | Loss | Loss |
| UPS | 08/16/18 | Bullish | $121.24 | $121.80 | $1.93 | $2.31 | $0.38 | 38.00 | 38.00 |
| $0.00 | 0.00 | 38.00 | |||||||
| Number Of Round Trip Trades: | 0 | ||||||||
| Profit/Loss Bullish Spreads: | $38.00 | ||||||||
| Profit/Loss Bearish Spreads: | $0.00 | ||||||||
| Total Profit/Loss: | $38.00 | ||||||||
| Ticket Charges & Comm.: ($5.00/$0.50) | $0.00 | ||||||||
| Net Profit/Loss: | $38.00 | ||||||||
| Total Risk Capital: | $20,000 | ||||||||
| Weekly % Return: | 0.2% | ||||||||
| # Of | # Of | % | NET % | Annualized | |||||
| Win % | Loss % | Trades | Targets | Target | P/L | ROI | |||
| 66.6% | 33.3% | 43 | 3 | 7.0% | 6.9% | 18.8% | |||