Stock / Symbol: [private_monthly]Pepsi / PEP [/private_monthly] Price at trade post: $64.67 Option Strategy: calendar call spread Max Risk: $498 Max Reward: $859 or 172% by Apr 2011 expiration Profit Range: $63.75 – $72 by [Read More …]
Archives for 2011
Closing Trade – Sprint bull put spread
March 11, 2011 By 2 Comments
Stock / Symbol: Sprint / S Option Strategy: bull put spread Price at trade entry: $4.53 Price at exit order: $5.00 Max Risk: $480 (at May expiration) Max Reward: $270 or 56% with stock over [Read More …]
Trade Adjustment – Altria
March 11, 2011 By Leave a Comment
Stock / Symbol: [private_monthly]Altria Group / MO [/private_monthly] Option Strategy: diagonal call spread Date of trade entry: Feb 1 Price at trade entry: $23.61 Price at 2nd adjustment: $25.40 Price at this adjustment: $25.07 Adjustment: [Read More …]
New Trade – iron condor
March 10, 2011 By Leave a Comment
Stock / Symbol: [private_monthly]Russell 2000 / RUT [/private_monthly] Price at trade post: $799.53 Option Strategy: iron condor Max Risk: $1730 Max Reward: $270 or 15.6% Profit Range: $700 – $890 Reasoning: On Feb 22, we [Read More …]
Trade Adjustment – bear call spread
March 9, 2011 By Leave a Comment
Stock / Symbol: [private_monthly]iShares FTSE China 25 Index Fund / FXI[/private_monthly] Option Strategy: bear call spread Trade entry date: Feb 10 Price at trade entry: $41.37 Price at this adjustment: $44.18 Reasoning: With [private_monthly]FXI[/private_monthly] trading [Read More …]
Trade Closed – PAY calendar call spread
March 4, 2011 By Leave a Comment
Stock / Symbol: Verifone Systems / PAY Option Strategy: calendar call spread Price at trade post: $41.81 Price at trade close: $49.29 Max Risk: $442 Realized Reward: $103 or 23% (before commissions) Reasoning: On a [Read More …]
Sell order entered on PAY calendar call spread
March 4, 2011 By Leave a Comment
We’re entering a sell limit order on our PAY position for a net credit of $5.45. This is a day order. If we don’t get filled, we’ll reassess the trade on Monday. Trade Details: STC [Read More …]
Trade Adjustment – diagonal call spread
March 3, 2011 By Leave a Comment
Stock / Symbol: [private_monthly]Altria Group / MO [/private_monthly] Option Strategy: diagonal call spread Date of trade entry: Feb 1 Price at trade entry: $23.61 Price at this adjustment: $25.40 Adjustment: The stock is doing great [Read More …]
New Trade – call spread risk reversal
March 2, 2011 By Leave a Comment
Stock / Symbol: [private_monthly]Crocs / CROX [/private_monthly] Price at trade post: $17.40 Option Strategy: call spread risk reversal Reasoning: [private_monthly]CROX[/private_monthly] recently reported very good earnings numbers and the chart shows a solid up trend. Normally, [Read More …]
New Trade – diagonal call spread
February 25, 2011 By Leave a Comment
Stock / Symbol: [private_monthly]Ford / F [/private_monthly] Price at trade post: $14.99 Option Strategy: diagonal call spread Reasoning: With [private_monthly]Ford [/private_monthly] trading 21% under its recent high, and with it finding support at its 200 [Read More …]
