David Jaffee Trading Review: Trade Alerts
all right here is a record of all the trades that i sent to my trade alert students so i would highly recommend that you follow these trades and try to understand them if you're considering joining the trade alerts you can enroll at beststockstrategy.com/memberships I'm gonna go relatively quickly because i probably should have made a video about a month or a month and a half ago and right now it's about february 7th i believe or february 8th and i have to go back all the way to november 12th so i'm going to go relatively quickly but you're welcome to pause this video or watch it at half speed so that way you can see all the alerts i think the big takeaway is the best way to use this rather is to simply compare my trades against how the market was performing at that day so you can look at how the general market was was performing look at the s p 500 the high and the low and you can also look at the trading history of that specific underlying stock so if i make a trade on amazon you can look at how amazon was trading at that specific day so without further ado let's get started so november 12th here i extend the duration on boeing and i reduced the strike price from 165 to 155 i rolled ba by a month and reduced the strike by ten dollars here i sold calls on pdd b plus grade then i also like to give you the spread like as well then i always provide a summary at the end of the day so pdd i rolled the option from 165 to 180. tesla i sold the 280 put p plus grade i like to grade the trades amazon is holding twenty four hundred and collected two dollars another trade in amazon opening trade collected two dollars and 53 cents so 253 dollars per contract sold here are some thoughts bought back amazon so bought it back for two dollars and thirty cents and sold it for for five dollars and forty five cents three hundred and fifteen dollar profit in a week november 17th i rolled the amazon position from 2400 to 2600 and picked up 200 extra per contract b plus grade brought back tesla held for a few days and captured around 50 55 of the premium boeing sold some calls picked up 67 cents or 67 per contract b plus grade then i give my closing thoughts opening trade on amazon b grade sold some tesla calls picked up five dollars and twenty cents or five hundred and twenty dollars per contract sold with a 35 safety net close that position out close for 50 profit in just a few hours new opening trade in roku a minus grade picked up over three hundred dollars in total or a dollar fifty two per contract rh sold some calls for two dollars and eighty cents per share b plus grade amazon picked up almost four hundred dollars held for two days kept seventy percent of the premium no stress at all took advantage of the high available premium with the time of opening sold a put in mastercard bought back the bowling position held for a week kept over 80 percent closed the trade in amazon bought back for 95 cents sold it for 2.53 cents on a net basis we kept 100 of the premium was selling the 2400 strike then we rolled the 24 to 2640 and collected 202 then we just closed everything out for a dollar 20 or a hundred and twenty dollars so we kept a hundred percent of the original and forty percent of the money on the roll no stress just time decay sold some puts in apple sold some calls and boeing so turn that into a strangle opportunistically i rolled up the amazon puts picked up an extra 294 dollars so a few days ago we opened the 2500 put and picked up close to 400 and we just closed that out kept the original 400 rolled the put strike to 2680 and picked up an incremental 300 new opening trade b plus grade so calls in ttd brought back tesla closing trading apple held it for a day closing trading ttd sold some calls in tesla adjusted the position closing tray for pdd snow okay so i'm definitely going to do a video on snow because i ran into problems on there and i also ran into problems on tesla so i'm probably going to end up doing a separate video with snow and tesla so um yeah so it's november 27th all right so snow like i said before was very problematic because it ran up very quickly i picked up 7.25 roku bought that back
rolled up tesla and i financed it by selling the 530 put open a new position in boeing b plus grade up amazon picked up an extra two hundred and eight dollars mastercard closed it out for fifty percent profit the original trade is there new opening trade in mrna then i just close it out oh so actually so i closed out this trade for a 25 profit i believe so it wasn't this trade it was another one with snow so i made a little bit of money on it tesla sold the puts for 235 rng new opening trade brought it back spotify b plus grade 50 profit in about one and a half hours not bad tesla tesla is 760 new opening trade amazon picked up around thirteen hundred dollars i sold a vertical credit spread brought back tesla so snow um i had a challenge position in snow i believe this might be it so we'll see picked up about 400 dollars here you can see that i rolled it up by 10 bucks yeah i'm pretty sure that this is it actually because i remember that the same day that i put it on snow started euphorically going up so i had to roll it up by ten dollars facebook low b plus grade so here this is the end of the boeing position except for the calls that will expire this week here's the tesla call 740. rolled it up picked up another hundred dollars sold another vertical credit spread in amazon okay so here with snow what i did was i bought back the 430 and the 317 and i rolled it up by ten dollars to the 440 and then i financed it by increasing the put strike by about 37.50 it looks like so obviously i was much more concerned about the call side than i was on the put side because i effectively just increased the call side by ten dollars but then i gave up 37 and a half dollars of premium or rather 37.5 dollars of protection and safety net on the put side and i received a small credit for it of 31 cents so a rolling trade would snow i closed out the existing 317 and a half by 430 call and then sold the 355 put by 440 call the benefit is that i get an incremental 10 safety net on the call side then i rolled it up by an extra 10 wow so then i rolled it all the way from 355 to 375. sold the 780 call on tesla for a dollar new opening trade in roku b plus grade a lot of premium in tesla picked up over twelve hundred dollars or six dollars and thirty five cents per share so remember that one contract is a hundred shares so selling two contracts brings in twelve hundred and seventy dollars brought back facebook all right so now you can see that snow is actually falling so now i'm more concerned about the put side than i am on the call side so snow started rapidly falling i rolled down snow i send the duration by one week and then i rolled it down by 30 and then i picked up 100 bucks closed out roku closed out boeing no more bowling positions all right for rh we sold it for 560 and bought it back for 10 dollars open a new position in amazon sold some calls picked up four hundred dollars picked up 605 dollars in tesla so here's snow where i had to roll it down again so from 3 45 to 3 30 and then i sold a call to help finance it rolled it forward by week and also rolled down the put strike by fifteen dollars extended the duration by week and also sold next week's 435 call to finance it brought back the tesla call closed for a 200 profit all right so here is another adjustment of the snow call where i let me see what i did okay so i closed out the 4 430 five and the third the 330 and then i rolled down the call option by 45 dollars in order to pick up an incremental 20 as a safety net on the put side and i also extended the duration of both the call and the put by one week all right so that's a little bit of a tricky structure but i essentially extended the duration by one week and then i reduced the call side strike by 45 and all of that the the collection of the premium by sending the duration by one week and also rolling down the call side from 435 to 390 was used to reduce the 330 put strike down to 310 so i was clearly very worried about the short put option on snow and i kind of like used all the tricks in the book in order to extend the duration and also to roll down the call side in order to give myself 20 of additional safety net on the put side by rolling down the short put strike from 330 to 310.
i'm just going to read what i wrote because it's much more succinct than my explanations that occur almost two months afterwards amazon 50 gain in a few hours new opening trade b plus grade all right here's another roll on snow so it looks like i didn't explain it here basically what i did was i rolled it forward by a few weeks and then i reduced the strike from 310 to 295 so i picked up an incremental fifteen dollars a safety net on the put side and then i also used the premium from rolling down the 390 call to the 372 on the put side i extended the duration in order to increase the safety net by 15 so basically i roll down the calls on the december 24th and i roll down from 392 372 and a half and then i also extended the duration from on the put side from december 31st by about two to three weeks i don't know if that is the weekly or the monthly in january but i rolled it down by 310 to 295 amazon custom spread close out the four contracts that expire this friday for a large profit and then rolled by two weeks picked up almost fourteen hundred dollars yeah so i just rolled the same position it looks like the 2890 you know b plus grade so here's the original so we sold it for thirteen hundred dollars we then closed it out for a large profit and we sold it with an additional two weeks expiration and picked up an incremental fourteen hundred dollars so that was a pretty good trade this was a great trade picked up almost sixteen hundred dollars picked up an extra two hundred nine dollars on amazon turned it opportunistically into a strangle sold some puts on tesla sold some calls on amazon all right it's one o'clock in the morning and i need to sleep so i'm probably just gonna stop this at january 1st and then i'll make the second part tomorrow or the next day i think that would be best because there's no way i'm going to get through in incremental month and a half i'm just too tired and it's one o'clock and i have to be fresh for tomorrow so but i will get through december 31st and i'll stop at january 1st 175 dollar safety net man this is a great trade i should have traded that way larger than i did 450 put strike and picked up 1230 dollars amazon b plus grade yeah for some reason tesla swung about four percent in five minutes i actually remember that i don't know why it happened though amazon so calls picked up 655 dollars roku amazon picked up four hundred dollars for for agreeing to buy it at twenty five hundred and five dollars a lot of safety net peloton new opening trade picked up almost 100 bucks facebook tesla definitely should have done this bigger that was a mistake to not do it larger oh there we go peloton brought it back snow is falling again so the call option will expire tomorrow so then we'll have the 295 put then i'm discussing what my plan is for snow it didn't work out that way snow fell all the way to i think like 260 or something so you'll see in the second video how i had to manage that but it's always good to have a plan with challenged positions because if you don't then the positions end up becoming very stressful sold the tesla call picked up 1.50 only a b grade here's the profit on tesla tesla calls b-plus rolled this position to pick up an extra 2. dollars that was the original position facebook closing trade that's the original held for less than a week and captured over 50 of the premium i rolled amazon not a new opening trade i rolled in i picked up about an extra hundred dollars looks like amazon had a good day on december 28th yep tesla sold the 525 put amazon calls sold the 4100 call on amazon we have about 800 safety net by selling this call but it uses up a decent amount of buying power sold the column pdd low b plus grade tesla sold the 880 picked up a dollar 83 so 183 dollars last day of trading so for snow i extended the duration by one week and i also reduced the strike price from 295 to 290. hold it four by one week and
reduce the strike by five dollars picked up on incremental ten cents or ten dollars per contract and it looks like i rolled it again so here what i did was i rolled it from 290 to 282 and then i financed it by selling the 345 call option so a short data call option amazon new opening trade i did that as a spread filled for 93 cents here i rolled you can tell i was frustrated because all i wrote was managing that was my third role for the day on snow so you can tell i was very frustrated and i just wrote managing oh man let's see what i did so it looks like i rolled down the call option by five dollars and then i extended the duration by one week and i rolled down the put by five dollars so i rolled it for it by one week and reduced the strike by five dollars and i also reduced the strike on the call by five dollars picked up a tiny credit of one cent or one dollar per contract this is a good example of rolling slash managing positions snow is down around twenty dollars we will continue to make adjustments until it's profitable the market is closed tomorrow for new year's trading resumes on monday tesla was up 10 bucks all right so it's 1 10 in the morning and i want to go to sleep so i'm going to do the final month recap tomorrow or the next day this video is already 35 minutes so what i'll do is i'm going to parse out the snow trading and i'll make a separate video so this will be part one and then i'll do the separate video from january 4th until present tomorrow or the next day and then that'll be part two and that'll contain this snow commentary but i also have a challenge position on tesla i remember on the call side i think when i saw like the 780 caller was like 720 and then tesla went up about 18 in two days and it challenged the 720 and also the seven uh the 780 or maybe it was 820 and 880 but it was one of those but basically i had a challenged tesla position and i think it was actually 8 20 and 880 and i wanna for educational purposes i want to discuss how i managed the tesla position and also how i managed the the um snow position so i'll do two videos that shows all the trades this was part one then tomorrow or the next day i'm going to do january 4th until the present and then i'm also going to do a separate video that's going to detail how i managed the tesla position and also how i manage the snow position all right so that's about it if you have any questions you can go to beststockstrategy.com/memberships and i highly recommend that you enroll in the trade alerts and leave a comment below like this video and subscribe and i appreciate you and i hope that you're having a great day
2021-02-24 04:48
