Archives for 2010

New Calendar Spread

Stock Symbol: [private_monthly]CHK[/private_monthly] Strategy: Calendar Spread Trade Details: buy 1 Jan 2012 20.00 call option for approximately $4.90 sell 1 Jan 2011 30.00 call option for approximately $0.50 Uncalled Return: 10.2% Called Return: 5.6% [private_monthly] Flash [Read More …]

New Trade – Covered Call

Stock Symbol: [private_monthly]MEE[/private_monthly] Strategy: covered call Trade Details: – purchase 100 shares of [private_monthly]Massey Energy [/private_monthly]at or near last close of $29.89 – sell 1 June 10 29.00 call option for approximately $3.35 Uncalled Return: 11.2% [Read More …]

Retesting Lows?

Looks like we are retesting lows that we made couple weeks ago probably be in sideways trading range for a while until dust settles.

New Trade

Stock Symbol: [private_monthly]PXP[/private_monthly] Strategy: covered call Trade Details: – purchase 100 shares of [private_monthly]Plains Exploration [/private_monthly]at or near last close of $30.92 – sell 1 Apr 10 31.00 call option for approximately $0.80 Uncalled Return: [Read More …]

New Trade

Stock Symbol: [private_monthly]HP[/private_monthly] Strategy: covered call Trade Details:  – purchase 100 shares of [private_monthly]Helmerich & Payne [/private_monthly]at or near last close of $40.22 – sell 1 Mar 10 40.00 call option for approximately $1.10 Uncalled [Read More …]