Stock / Symbol: [private_monthly]Lockheed Martin / LMT[/private_monthly] Price at trade post: $79.36 Option Strategy: put spread Reasoning: [private_monthly]LMT[/private_monthly] is having difficulty breaking through it’s 50 day moving average, and it looks like it wants to [Read More …]
Archives for May 2011
Trade Update – calendar call spread
Stock / Symbol: [private_monthly]Wal-Mart / WMT [/private_monthly] Option Strategy: calendar call spread Trade entry date: Apr 6 Price at trade entry: $53.03 Price at this post: $55.90 Reasoning: This stock has performed beautifully and our [Read More …]
Closing Trade – GOOG put spread
Stock / Symbol: Google / GOOG Option Strategy: put spread Trade entry date: May 12 Price at trade entry: $534.97 Price at closing post: $522.70 Reasoning: Today GOOG hit our price target of $520 so [Read More …]
Closed Trade – iron condor on SPX w/ weekly options
Stock / Symbol: S&P 500 INDEX / SPX Trade entered on: May 11 Price at trade entry: $1339.47 Trade exited on: May 13 Price at trade exit: $1337.77 Option Strategy: iron condor Analysis: This trade [Read More …]
New Trade – Calendar Call Spread
Stock / Symbol: [private_monthly]Microsoft / MSFT[/private_monthly] Price at trade post: $25.27 Option Strategy: calendar call spread Reasoning: [private_monthly]MSFT[/private_monthly] is a great stock to trade a using a calendar spread because it doesn’t move all that [Read More …]
New Trade – put spread
Stock / Symbol: [private_monthly]Google / GOOG Price at trade post: $535[/private_monthly] Option Strategy: put spread Reasoning: We think that [private_monthly]GOOG[/private_monthly] is shaky here and can easily pull back to its recent lows. In addition to [Read More …]
New Trade – iron condor w/ weekly options
Stock / Symbol: [private_monthly]S&P 500 INDEX / SPX Price at trade post: $1337[/private_monthly] Option Strategy: iron condor Reasoning: This trade has a 97% probability of success and reaches full profit potential this Friday. [private_monthly] Max [Read More …]
Closed Trade – SPX bear call spread w/ weekly options
Stock / Symbol: S&P 500 INDEX / SPX Price at trade entry: $1363.50 Date of trade entry: Apr 29 Date of trade exit: May 6 Option Strategy: bear call spread Analysis: This trade had a [Read More …]
New Trade – bear call spread
Stock / Symbol: [private_monthly]Yahoo / YHOO[/private_monthly] Price at trade post: $18.70 Option Strategy: bear call spread Reasoning: After reporting good numbers last month, this company has essentially shot straight up for the past 2.5 weeks. [Read More …]
Closing Trade – FXI bear call spread
Stock / Symbol: iShares FTSE China 25 Index Fund / FXI Option Strategy: bear call spread Trade entry date: Feb 10 Price at trade entry: $41.37 Price at this post: $43.73 Reasoning: This trade was [Read More …]