Stock / Symbol: [private_monthly]Walmart / WMT [/private_monthly] Option Strategy: diagonal call spread Date of trade entry: May 26 & Aug 8 Price at trade entry: $54.61 / $49.16 Price at this post: $53 Current Position: [Read More …]
Archives for September 2011
Closing Trade : EXC double calendar call spread
September 16, 2011 By Leave a Comment
Stock / Symbol: [private_monthly]Exelon / EXC[/private_monthly] Option Strategy: double calendar call spread Price at trade entry: $42.97 & $42.00 Price at this post: $43.50 Reasoning: With our short 42 and 43 strike calls set to [Read More …]
Closing Trade : MSFT calendar call spread
September 15, 2011 By Leave a Comment
Stock / Symbol: Microsoft / MSFT Option Strategy: calendar call spread Trade entry date: Aug 23 Price at trade entry: $24.64 Price at this post: $26.98 Reasoning: As the Sep11 25 calls are well in [Read More …]
Trade Adjustment : diagonal call spread
September 14, 2011 By Leave a Comment
Stock / Symbol: [private_monthly]Fifth Third Bancorp / FITB[/private_monthly] Opening Option Strategy: diagonal call spread Trade entry date: April 1 Price at trade entry: $14.04 Current Position:[private_monthly] Long 4 FITB Nov11 10 Calls at an effective [Read More …]
Trade Adjustment / New Trade Opportunity : calendar call spread w/ protective call
September 14, 2011 By Leave a Comment
Stock / Symbol: [private_monthly]Freeport-McMoran / FCX [/private_monthly] Original Option Strategy: diagonal call spread Original Trade entry date: Apr 19th Price at original trade entry: $51.68 Price at this post: $41.59 Position:[private_monthly] Long 1 FCX Nov11 [Read More …]
New Trade : diagonal call spread
September 9, 2011 By Leave a Comment
Stock / Symbol: Comcast / CMCSA Option Strategy: diagonal call spread Price at trade post: $20.85 Reasoning: [private_monthly]CMCSA[/private_monthly] is a defensive stock in this turbulent market. It will likely outperform in a down market and [Read More …]
Trade Adjustment : calendar call spread
September 9, 2011 By Leave a Comment
Stock / Symbol: [private_monthly]Exelon / EXC[/private_monthly] Option Strategy: double calendar call spread Price at trade post: $42.00 Reasoning: We’re going to add a 42 strike calendar to our existing position in [private_monthly]EXC[/private_monthly]. This will give [Read More …]
closing trade : PCLN put spread
September 9, 2011 By Leave a Comment
Stock / Symbol: Priceline.com / PCLN Option Strategy: put spread Price at trade entry: $535.26 Price at this post: $521.20 Reasoning: Although our price target entering this trade was $500, we’re going to take advantage [Read More …]
Order Adjustment : double calendar
September 8, 2011 By Leave a Comment
Stock / Symbol: [private_monthly]Exelon / EXC[/private_monthly] Option Strategy: double calendar call spread Price at this post: $43.03 Adjustment: We have not gotten filled on this spread so we’re going to cancel the order. Then, we’re [Read More …]
New Trade : double calendar
September 8, 2011 By Leave a Comment
Stock / Symbol: [private_monthly]Exelon / EXC[/private_monthly] Option Strategy: double calendar call spread Price at trade post: $43.34 Reasoning: This stock is trading in a very tight range, making it an idea candidate for a calendar [Read More …]
