Archives for 2011

Closing Order Adjustment: CRM put spread

Stock / Symbol: [private_monthly]SalesForce.com / CRM [/private_monthly] Trade entry date: Sep 22 Price at trade entry: $115.55 Price at this post: $130.50 Option Strategy: put spread Adjustment: We’re adjusting our GTC order from $1.15 down [Read More …]

Closing Order : JNJ calendar call spread

Stock / Symbol: [private_monthly]Johnson & Johnson / JNJ[/private_monthly] Option Strategy: calendar call spread Trade entry date: Oct 28 Price at trade entry: $65.70 Price at this post: $63.55 Current Position : [private_monthly] Long 2 JNJ [Read More …]

Clarification : double calendar spread

Stock / Symbol: [private_monthly]Coca-Cola Company / KO [/private_monthly] Price at trade post: $68.45 Option Strategy: double calendar call spread Clarification: We’re entering this trade at a debit. Trade Details: [private_monthly] BTO 2 KO Feb12 67.5 [Read More …]

New Trade : double calendar call spread

Stock / Symbol: [private_monthly]Coca-Cola Company / KO [/private_monthly] Price at trade post: $68.45 Option Strategy: double calendar call spread Reasoning: Fundamentally, [private_monthly]KO [/private_monthly] is worth about $65 a share and is technically range bound between [Read More …]

Order Adjustment: CRM put spread

Stock / Symbol: [private_monthly]SalesForce.com / CRM [/private_monthly] Trade entry date: Sep 22 Price at trade entry: $115.55 Price at this post: $128.40 Option Strategy: put spread Adjustment: We’re adjusting our GTC order from $1.20 down [Read More …]

Closing Trade : CRM put spread

Stock / Symbol: [private_monthly]SalesForce.com / CRM [/private_monthly] Trade entry date: Sep 22 Price at trade entry: $115.55 Price at this post: $128.80 Option Strategy: put spread [private_monthly] Max Risk: $645 Max Reward: $850 or 135% [Read More …]

Order Adjustment : WMT

Stock / Symbol: Walmart / WMT Order Adjustment: Lowering ask from $2.75 to $2.70. Trade Details: STC 1 WMT Jan12 50 Call BTC -1 WMT OctWk4 52.5 Call for a net credit of $2.70 per [Read More …]

New Trade : calendar call spread

Stock / Symbol: [private_monthly]Johnson & Johnson / JNJ[/private_monthly] Price at trade post: $65.70 Option Strategy: calendar call spread Reasoning: We going back to [private_monthly]JNJ[/private_monthly], which does not historically have drastic moves, making it an ideal [Read More …]

Closing Trade: WMT diagonal call spread

Stock / Symbol: Walmart / WMT Option Strategy: diagonal call spread Date of trade entry: May 26 Price at trade entry: $54.61 Price at this post: $57.05 Current Position: Long 1 WMT Jan12 50 Call [Read More …]

Closing Trade : X call ratio spread

Stock / Symbol: US Steel / X Option Strategy: call ratio spread Trade entry date: Oct 25 Price at entry: $22.73 Price at this post: $26.40 Reasoning: With our short calls well ITM, we’re going [Read More …]