I play poker and trade options, seeking edges from study, reflection and analytics.

#001 FIT Call Spread Assigned

Trade Details: Assigned 6 July 29th Fitbit Inc. (NYSE:FIT) 12/13 call spread for $1.00 (in at $0.73 for 4 days), $589.85 total proceeds. The stock closed yesterday at $13.66.

Return: 31.2% after commissions

Note: Shortly after the opening the position, FIT traded north of the 13 strike and moved higher into expiration. I decided to hold though expiration to capture the spread's full value and minimize commissions. Great start!

Status: Account $640.40 | Q1 Return 28.0% | Q1 Goal 60%

#002 YNDX Calls

#001 FIT Call Spread