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 …]
Archives for 2010
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 …]
New Trade – bear call spread
October 7, 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: [private_monthly]Citrix – [Read More …]
Closed Trade – CSTR bull put spread
October 7, 2010 By Leave a Comment
Per our sell alert yesterday, we closed out our CSTR bull put spread. Our reasoning was that, although we are still very bullish on the stock, CSTR looked like it was set to pull back [Read More …]
Closed Trade – SSO bear call spread
October 7, 2010 By Leave a Comment
Per our sell alert yesterday, we closed out our SSO bear call spread. Our reasoning was that when we entered the trade on 9/22, we felt the market was ready for a pullback. However, Tuesday’s [Read More …]
Closing Trade Alert
October 6, 2010 By Leave a Comment
We’re closing the CSTR put spread and SSO call spread here. Details to follow.
New Trade – Diagonal Call Spread
October 6, 2010 By Leave a Comment
Stock Symbol: [private_monthly]ZION[/private_monthly] Option Strategy: diagonal call spread Max Risk: $706 Called Return: 51% ($363) Uncalled Return: 27% Profit Range: $19.17 + Reasoning: [private_monthly]Zions Bancorporation – ZION[/private_monthly] has very strong fundamentals and has found solid [Read More …]
