Archives for 2011

Order Adjustment : double calendar

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

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 …]

Closing Trade : Calendar Call Spread

Stock / Symbol: ProShares UltraShort 20+ Year Treasury / TBT Option Strategy: calendar call spread Trade entry date: Aug 25th Price at trade entry: $25.35 Price at this post: $21.90 Reasoning: Our downside stop has [Read More …]

Order Update

Stock / Symbol: [private_monthly]Priceline.com / PCLN[/private_monthly] Price at trade entry: $535.25 Option Strategy: put spread Update: We had to up our bid to $6.85 in order to get filled. We were filled at 12:14.59PM (EST). [Read More …]

New Trade : put spread

Stock / Symbol: [private_monthly]Priceline.com / PCLN[/private_monthly] Price at trade post: $536 Option Strategy: put spread Reasoning: While it does have strong fundamentals, we feel that [private_monthly]PCLN’s [/private_monthly] is technically due for a pull back as [Read More …]

Closing Trade : double calendar call spread

Stock / Symbol: Microsoft / MSFT Option Strategy: double calendar Price at trade entry: $24.64 Price at this post: $25.28 Reasoning: This trade on MSFT was a quick weekly trade intended to yield around 5%. [Read More …]

Closing Trade : calendar call spread w/ protective calls

Stock / Symbol: American Express / AXP Option Strategy: calendar call spread w/ protective call Trade entry date: Aug 15th Price at trade entry: $45.87 Price at this post: $48.38 Current Position: Long 2 AXP [Read More …]

New Trade : calendar call spread

Stock / Symbol: [private_monthly]ProShares UltraShort 20+ Year Treasury / TBT [/private_monthly] Current Strategy: long calls Trade entry date: Mar 30 Price at trade entry: $37.89 Price at this post: $25.36 Current Position:[private_monthly] Long 4 TBT [Read More …]

New Trade – double calendar call spread

Stock / Symbol: [private_monthly]Microsoft / MSFT[/private_monthly] Option Strategy: double calendar Price at trade post: $24.68 Reasoning: [private_monthly]MSFT[/private_monthly] is a great stock to sell options against because it doesn’t move all that much. We’re going with [Read More …]

Closing Trade : calendar call spread

Stock / Symbol: Johnson & Johnson / JNJ Option Strategy: calendar call spread w/ protective call Trade Entry date: Aug 10 Price at trade post: $61.28 Price at this post: 63.69 Reasoning: Re-running the risk [Read More …]