Here are some trades we're putting on today in order to hedge against a market pullback between now and July expiration
Stock / Symbol: [private_monthly]ProShares UltraShort S&P500 / SDS [/private_monthly]
Price at trade post: $22
Option Strategy: call spread
[private_monthly]
BTO 3 SDS Jul11 22 Calls
STO-3 SDS Jul11 24 Calls
for a net debit of $0.50 per contract (GTC, limit order)
Requirements:
Cost/Proceeds $150.00
Option Requirement $0.00
Total Requirements $150.00
Estimated Commission $12.95
[/private_monthly]
Max Risk: $150
Max Reward: $450 or 300%
Profit Range: $22.50 +
Max Profit at: $24.00 +
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Stock / Symbol: [private_monthly]LuluLemon Athletica / LULU [/private_monthly]
Price at trade post: $107.79
Option Strategy: put spread
[private_monthly]
BTO 1 LULU Jul11 100 Puts
STO -1 LULU Jul11 95 Puts
for a net debit of $0.90 per contract
Requirements:
Cost/Proceeds $90.00
Option Requirement $0.00
Total Requirements $90.00
Estimated Commission $12.95
[/private_monthly]
Max Risk: $90
Max Reward: $410 or 455%
Profit Range: $0 - $99.10
Max Profit at: $0 - $95
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Stock / Symbol: [private_monthly]iShares Silver Trust / SLV [/private_monthly]
Price at trade post: $32.83
Option Strategy: put spread
Trade Details:
[private_monthly]
BTO 2 SLV Jul11 32 Puts
STO -2 SLV Jul11 29 Put s
for a net debit of $0.70 per contract (GTC, limit order)
Requirements:
Cost/Proceeds $140.00
Option Requirement $0.00
Total Requirements $140.00
Estimated Commission $12.95
[/private_monthly]
Max Risk: $140
Max Reward: $460 or 304%
Profit Range: $0 - $31.29
Max Profit at: $0 - $29
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