​Latest Trades
What
when
why

We want to be open, honest and transparent. That's why we are listing every new trade since inception of the website in the Results and Portfolio overview. There we give all details of the trade. On some new trades and expiring trades we will comment here to give you an idea why we did what we did.

So here we go. Please enjoy - but always keep in mind that trading is a risky business* and you can lose money. So read our Disclaimer and consult a professional advisor before you do any investment. That being said - let's go ;-)

Use of this website is for informational and entertainment purposes ONLY. 

Can we make money with HSBC ?

20.2.2020

 

We just opened a Strangle on HSBC. Banks are lagging the market so they might catch up. On the other hand, HSBC has exposure to China and is laying of 30.000 employees. Besides that it is at the bottom of its trading channel. Kind of a no-brainer for us.

Looks like every technology stock is up up way up. But everything else is up as well - take Tesla or even Dominos Pizza which jumpd today over 370 $ (in words: Three hundred seventy US dollars). What can normal investors buy that is not way over the top? Good question. But we do not care. We are TheStrangle and we are just looking for stocks that might go further up (boom) or fall like a stone (bust).

 

And we might have found a new one with the bank HSBC. Read the whole story here.

As always* - the whole investment can be lost. Both options can expire worthless. Strangle trading is risky. Read our Disclaimer and consult a professional financial advisor before you do any investment.

Expiring soon on February 21st

18.2.2020

 

Worst things first. MXIM does not make fun at all. On February 21st our Strangle on Maxim Integrated will expire and it looks like, that both sides will expire worthless resulting in a 100% loss. We still have hope, that the Call might reach the glory land and end in the money. It touched 65 $ several times but never closed above. We will see. But keep in mind, that you have to sell the call before it expires otherwise you suddenly end up with the shares in your account and this could be expensive and in worst case destroy your account.

BLL - the Call will expire worthless ;-( But as we sold the Put long time ago with a nice profit we are looking on an overall gain of 15% on the Strangle. Not an amazing result but much but better than a total loss as with MXIM.

For simplicity reasons we do not mention strike prices, number of contracts, ... here. Instead you can see all details in the overview here.

As always* - the whole investment can be lost. Both options can expire worthless. Strangle trading is risky. Read our Disclaimer and consult a professional financial advisor before you do any investment.

New in Portfolio - February

17.2.2020

 

SPY - the market is rolling an rolling and 2020 might be a bumby year (see our blog here). That's why we opnened a long running Strangle on the S&P 500 which goes until November.

XOM - Energy is out of favour and so Exxon Mobile stock only knows one direction and this is down down deeper and down. For the last 3 years it was in a wide downward channel and if it comes back into that and reaches the upper band it could reach 70+ $. Or it cann fall further - at least it looks like a stock with movment.

 

LYFT - UBER hast taken off but to our surprise LYFT got punished. It might be the time coming, where the winner takes it all and LYFT goes way deeper than it already is. Or it will surprise us, However it is a volatile stock and we see potential. We have decided for a January 2021 Strangle.

PD - Many IPO's pump on their first trading day just to sink for several weeks before finalle taking off. Pager Duty looks similar to Pinterest or Slack. At the moment it is "bombed out" and we are getting our feet in. As things can take time we are also opting for the Januar 2021 expiration date.

For simplicity reasons we do not mention strike prices, number of contracts, ... here. Instead you can see all details in the overview here.

As always* - the whole investment can be lost. Both options can expire worthless. Strangle trading is risky. Read our Disclaimer and consult a professional financial advisor before you do any investment.

UPWK - July - Call 15 $ / Put 5 $

23.1.2020

In these days it is hard to find a technology stock that dit not quintuple over the past years. This is especially true for Tech IPO's which are always an interesting field for TheStrangle. IPO's very often pump at the beginning and then plummet to the ground just to rise from the ashes. That's why we are maintaining a list of IPO's with a special focus on technology and BIO technology. As these two areas are the hottest for big moves in either direction.

Yesterday We found the great article "Upwork: Compelling Valuation Amid Steep 2019 Drop" from Gary Alexander on Seeking Alpha (a platform we an highly recommend for any investor). Actually this article says it all and that's why we do not want to waste your time on UPWK background (you all get it on the Seeking Alpha article (even if you are not a paying member).

Lets come to the strangle details and the stock. Upwork (UPWK) is in nowhere land and currently trades below 10 bucks. We believe, that it could recover way above 15 $ or drop down to 5 $ and less - all depending on the companies performance and the overall market. 

Yeah yeah you might say, TheStrangle always sees the upside and downside - otherwise they would not invest.

Well very true dear reader. But here we have a special situation. Most times we are buying out of the money Calls and out of the money Puts and these cost around 1 $ each. But here we have the situation, that we can open a position for around 25 Cents each ;-) We think, we can have a lot of fun with that position. The actual details of the trade you will find in our Portfolio.

As always* - the whole investment can be lost. Both options can expire worthless. Strangle trading is risky. Read our Disclaimer and consult a professional financial advisor before you do any investment.

Some of the results shown may be based on simulated performance. SIMULATED OR HYPOTHETICAL PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE THE RESULTS SHOWN IN AN ACTUAL PERFORMANCE RECORD, SUCH RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, BECAUSE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MY HAVE UNDER OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED OR HYPOTHETICAL PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. Past performance is not necessarily indicative of future performance. This brief statement cannot disclose all the risks and other significant aspects of trading. You should carefully study trading and consider whether such activity is suitable for you in light of your circumstances and financial resources before you trade.

 

Please read also our "Risk Disclaimer" and "Privacy Policy".

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