Archives for 2011

Trade Closed – JDSU bull put spread

tock / Symbol: JDS Uniphase / JDSU Option Strategy: bull put spread Price at trade entry: $19.37 Price at trade exit: $21.17 Notice: 24 hours from entering in our closing order, we got filled at [Read More …]

Order Adjustment – JDSU bull put spread

Stock / Symbol: JDS Uniphase / JDSU Price at trade post: $19.40 Option Strategy: bull put spread Adjustment: Adjusting up from $0.10 to a debit of $0.12 to close this one out. Trade Details: STC [Read More …]

Order Adjustment

Stock / Symbol: [private_monthly]Pepsi / PEP [/private_monthly] Option Strategy: calendar call spread Adjustment: Adjusting bid up to $0.16 per contract Trade Details: [private_monthly] BTO 6 PEP Jun11 72.5 Calls for a net debit of $0.16 [Read More …]

Trade Adjustment – calendar call spread

Stock / Symbol: [private_monthly]Pepsi / PEP [/private_monthly] Option Strategy: calendar call spread Price at trade post: $64.62 Price at Apr 7 adjustment: $65.72 Price at this adjustment: $68.89 Adjustment: It looks like [private_monthly]PEP[/private_monthly] will pull [Read More …]

Closing Trade Order – JDSU bull put spread

Stock / Symbol: JDS Uniphase / JDSU Price at trade post: $19.40 Option Strategy: bull put spread Reasoning: There’s an 85% chance that this trade will yield the full 26% by May 20th but as [Read More …]

New Trade – bear call spread w/ weekly options

Stock / Symbol: [private_monthly]S&P 500 INDEX / SPX [/private_monthly] Price at trade post: $1363.50 Option Strategy: bear call spread Reasoning: This trade has a 91.80% probability of success. Additionally, we think that the market is [Read More …]

Closing Trade – APA diagonal call spread

Stock / Symbol: Apache / APA Option Strategy: diagonal call spread Entry date: Jan 14th Price at time of trade entry: $124.57 Reasoning: We’re entering a closing order here for our trade on APA. We’re [Read More …]

Trade Adjustment – diagonal call spread

Stock / Symbol: [private_monthly]Apache / APA [/private_monthly] Option Strategy: diagonal call spread Entry date: Jan 14th Price at time of trade entry: $124.57 Price at this adjustment: $126 Current Position:[private_monthly] Long 1 APA Jul 125 [Read More …]

Trade Adjustment – diagonal call spread

Stock / Symbol: [private_monthly]Broadcom / BRCM [/private_monthly] Option Strategy: diagonal call spread Trade entry date: Feb 24 Price at trade entry: $40.56 Price at this adjustment: $35.50 Adjustment: [private_monthly]BRCM[/private_monthly] is down on it’s earnings announcement [Read More …]

New Trade – call ratio backspread

Stock / Symbol: [private_monthly]Corning / GLW[/private_monthly] Price at trade post: $20.33 Option Strategy: call ratio backspread Max Risk: $324 Max Reward: unlimited Max Loss at: $21 by Jun expiration Profit Range: $22.08 + Reasoning: Strong [Read More …]