Cody’s Trades of the Week for February 20-24, 2017
TRADES FOR THE WEEK OF FEBRUARY 20-24, 2017
On Tuesday, February 21st:
- $IWM-iShares Russell 2000 Index ETF: I am leaving plenty of room to add to this trade, but for now I shorted some $IWM and bought some $IWM puts dated out into August with strike prices around $137 or so.
- $HUBS-HubsSpot Inc.: I shorted a 1/5th-sized tranche of $HUBS here as my last trade in this name. If it rallies close to $65 from here, I will probably go ahead and cut losses by covering it.
Options
| Stock | Call or Put | Action | Date Initiated | Time Initiated-EST | Option Price | Stock Price | Strike Price | Exp. Date |
| $IWM | Put | Buy | 2/21/17 | 2:40 p.m. | $5.60 | $139.96 | $137 | August |
Common Stock
| Stock | Action | Date Initiated | Time Initiated-EST | Stock Price |
| $HUBS | Sell | 2/21/17 | 2:40 p.m. | $61.65 |
| $IWM | Short | 2/21/17 | 2:40 p.m. | $139.96 |
Check out these and all my Trade Alerts, Latest Positions, Articles and Chat Room on the Trading With Cody site and the Trading With Cody app for iPhone and Android.
I will be in New York at the Trader’s Expo next week, so will be unable to host the live Q&A on March 1st. I will be sharing with you the discussions and thoughts around the market from the Expo as soon as I return.
