No new trades were made this week as the only viable candidate I found was Google, which is very expensive to trade. I expect to open new PCCRCs next week as earnings gets into full swing.
LULU Bullish Butterfly
LULU was basically flat this week but the butterfly made some theta decay gains. No adjustments were made, but there was a 2 for 1 split affecting the contracts owned, which is now twice as many 50, 55, and 60 strikes. The current profit is now +47%.
KMX Put Seagull
KMX moved lower every day this past week and is now very close to the strike price of the seagull which is at 32. Profit has dropped as well and currently shows a loss of 2%.
JOYG Call Seagull
JOYG was flat on the week as well up 6 cents from last Friday's close. IV moved up in JOYG giving a nice 7% profit on the week.
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