Live Trades from yesterday’s SheridanTV
3 Trades from Yesterday’s Show that I put on Live
# 1 TSLA Short Term Bullish Butterfly
B 1 Jul 27 300 C, S 2 Jul 27 305 C, B 1 Jul 27 310 C, .65 Debit. Looking for TSLA to be near the short strike of 305 by Thursday. Today TSLA is at 299.62 +2.19, moving in the right direction. The price has already moved up near .75, have order in now to sell for .95 credit.
#2 NFLX Short Term Bullish Butterfly
B 1 Jul 27 360 C, S 2 Jul 27 365 C, B 1 Jul 27 370 C, .72 Debit. Spread orgasmove retardery trading around .70 with NFLX down a little over $1, at 356. We need NFLX to have an up day tomorrow and move toward 360 area.
#3 SPX Calendar
With SPX around 2815 yesterday, we did a short term Calendar. We bought 1 Aug 20 2815 C and sold 1 Aug 3 Expiration 2815 C for Debit of 9.65. The Spread is trading a little lower today, around 9.45, with SPX around 2819. Nothing much going on with this today.
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