Stock / Symbol: [private_monthly]Visa / V [/private_monthly] Price at trade post: $77.82 Option Strategy: diagonal call spread Max Risk: $756 Max Reward: $184 (24%) at $80 or unlimited under $66 by May 2011 expiration Profit [Read More …]
Archives for 2011
New Trade – call ratio backspread
April 19, 2011 By Leave a Comment
Stock / Symbol: [private_monthly]Freeport-McMoran / FCX [/private_monthly] Price at trade post: $51.35 Option Strategy: call ratio back spread Max Risk: $896 @ $55 (at Jun expiration) Max Reward: unlimited Profit Range: $0 – $50 & [Read More …]
Additional Position Updates
April 15, 2011 By Leave a Comment
Updates for positions with legs expiring today: Stock / Symbol: CROCS / CROX Option Strategy: call spread risk reversal Entry date: Mar 2nd Adjustment date: Apr 5th (closed call spread) Price at trade entry: $17.31 [Read More …]
Trade Adjustment – diagonal call spread
April 15, 2011 By Leave a Comment
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: $38.12 Adjustment: With most of the premium out of [Read More …]
Closing Trade – TSLA calendar put spread
April 15, 2011 By Leave a Comment
Stock / Symbol: Tesla Motors / TSLA Option Strategy: calendar put spread Price at trade entry: $24.27 Reasoning: Our short put is in the money. Closing here for a quick 44% gain (before commissions). Trade [Read More …]
Trade Adjustment – diagonal call spread
April 11, 2011 By Leave a Comment
Stock / Symbol: [private_monthly]Pan American Silver / PAAS [/private_monthly] Option Strategy: diagonal call spread Trade entry date: March 18th Price at trade entry: $34.81 Price at this adjustment: $41.63 Adjustment: [private_monthly] PAAS[/private_monthly] has performed very [Read More …]
New Trade – calendar put spread
April 8, 2011 By Leave a Comment
Stock / Symbol: [private_monthly]Tesla Motors / TSLA [/private_monthly] Price at trade post: $27 Option Strategy: calendar put spread Max Risk: $125 Max Reward: $74 or 67% by Apr 2011 expiration Profit Range: $24.70 – 27.50 [Read More …]
Correction
April 7, 2011 By Leave a Comment
Stock / Symbol: [private_monthly]Pepsi / PEP [/private_monthly] Correction: Today’s adjustment was for a net credit, not a debit as previously posted. Trade Details: [private_monthly] BTC -6 PEP Apr11 67.5 Calls STO 6 PEP May11 67.5 [Read More …]
Trade Adjustment – calendar call spread
April 7, 2011 By Leave a Comment
Stock / Symbol: [private_monthly]Pepsi / PEP [/private_monthly] Option Strategy: calendar call spread Price at trade post: $64.62 Price at this adjustment: $65.70 Adjustment: Seeing as how it’s not looking like [private_monthly]PEP[/private_monthly] will reach 67.50 by [Read More …]
Closing Trade – F diagonal call spread
April 7, 2011 By Leave a Comment
Stock / Symbol: Ford / F Option Strategy: diagonal call spread Price at trade entry: $15.03 Price at this post: $15.65 Reasoning: Ford looks like its going to pull back a bit here so we’re [Read More …]
