Closed out AMZN trade: Option Strategy: bear call spread 10/15/2010 O BTC AMZN Oct10 165 Call 1 @ $0.17 10/15/2010 O STC AMZN Oct10 170 Call 1 @ $0.02 for a net debit of $0.15 [Read More …]
Archives for October 2010
Closing Trade – CSTR
October 15, 2010 By Leave a Comment
Here’s the order: Sell To Close 1 CSTR Apr11 40 Call @ $9.74 Buy To Close 1 CSTR Oct10 45 Call @ $1.34 For a Credit of $8.40 Estimated Commission $12.95 Estimated Order Total $827.05
Trade Update – covered call
October 15, 2010 By Leave a Comment
Stock Symbol: OVTI Price at time of Trade: $21.25 Target Price: $23 Strategy: Covered Call Update: This stock has greatly exceeded our expectations. One should never be unhappy about a profit but we’d be lying [Read More …]
Closing Trade – GLW covered call + call spread
October 15, 2010 By Leave a Comment
Stock Symbol: GLW Price at Trade Entry: $18.60 Option Strategy: covered call + call spread Update: Time to close out this trade and take profits. Current Positions: 100 shares GLW @ $17.66 -1 OCT 18 [Read More …]
Trade Update
October 15, 2010 By Leave a Comment
Stock Symbol: [private_monthly]CSTR[/private_monthly] Price at Trade Initiation: $41.50 Option Strategy: diagonal call spread Reasoning: [private_monthly]Coinstar – CSTR[/private_monthly] has performed nicely for us. However, today’s big move up has changed things. If [private_monthly]CSTR[/private_monthly] looked to close [Read More …]
Closing Trade – GE butterfly call spread
October 15, 2010 By Leave a Comment
Stock Symbol: GE Option Strategy: butterfly call spread Action / Analysis: With its earnings release, GE did make a fairly significant move down but not quite enough for us to realize the maximum profits from [Read More …]
New Trade – butterfly call spread
October 14, 2010 By Leave a Comment
Stock Symbol: [private_monthly]GE[private_monthly] Option Strategy: butterfly call spread Max Profit: $159 Max Risk: $141 Max Return: 112% Profit Range: $0 – $16.53 & $17.47 + Reasoning: taking advantage of increased volatility due to earnings coming [Read More …]
New Trade – bull put spread
October 12, 2010 By Leave a Comment
Stock Symbol: [private_monthly]BG[private_monthly] Option Strategy: bull put spread Max Profit: $350 Max Return: 53.85% Profit Range: $58.25 + Max Profit at: $60 Reasoning: [private_monthly]BG[private_monthly] is a Pro17 Sure Trade. We’re going with this strategy to [Read More …]
Trade Adjustment – call back spread
October 12, 2010 By Leave a Comment
Stock Symbol: [private_monthly]ADBE[/private_monthly] Option Strategy: Call Back Spread Max Risk (Adjusted): $15 Max Gain: Unlimited Profit Range: $28 + Break Even at Expiration: $28.30 Reasoning: [private_monthly]Adobe – ADBE[/private_monthly] has moved up high enough that we [Read More …]
Closing Trade – CTXS
October 12, 2010 By Leave a Comment
Stock Symbol: [private_monthly]CTXS[/private_monthly] Option Strategy: bear call spread Max Risk: $590 Max Reward: $410 / 69% Profit Range: $0 – $62 Max Reward at: $0 – $60 Max Risk at: $65 + Reasoning: Citrix – [Read More …]
