Archives for 2011

New Trade : diagonal call spread

Stock Symbol: [private_monthly]ADBE[/private_monthly] Price at this post: $26.44 Option Strategy: diagonal call spread Max Risk: $960 Max Profit: @ $72 or 7.5% @ $25 by Nov exp Profit Range: $24.50 + by Nov exp Uncalled [Read More …]

Closing Trade : PCLN put spread

Stock / Symbol: [private_monthly]Priceline.com / PCLN[/private_monthly] Trade entry date: Sep 30 Price at trade entry: $460.31 Option Strategy: put spread Reasoning: Although PCLN traded well below our price target of $440 (down to $411.26 on [Read More …]

Fill Report

Stock / Symbol: [private_monthly]United States Oil Fund / USO[/private_monthly] Option Strategy: diagonal call spread Trade entry date: Sep 30 Price at trade entry: $31.24 Price at this post: $33.39 Report: got filled on rolling the [Read More …]

Trade Adjustment : diagonal call spread

Stock / Symbol: [private_monthly]United States Oil Fund / USO[/private_monthly] Option Strategy: diagonal call spread Trade entry date: Sep 30 Price at trade entry: $31.24 Price at this adjustment: $33.43 Adjustment: With our short 31 strike [Read More …]

Fill Report / Order Update

Stock / Symbol: [private_monthly]ProShares UltraShort 20+ Year Treasury / TBT [/private_monthly] Option Strategy: call ratio spread Update: Got filled at $5.10 per contract. If you haven’t been filled yet, suggest upping your bid to at [Read More …]

New Trade : call ratio spread

Stock / Symbol: [private_monthly]ProShares UltraShort 20+ Year Treasury / TBT [/private_monthly] Option Strategy: call ratio spread Price at this post: $20.90 Reasoning: Looks like [private_monthly]TBT[/private_monthly] is finally bottoming, so we’re going to re-enter a trade [Read More …]

Trade Adjustment : calendar call spread

Stock / Symbol: [private_monthly]Broadcom / BRCM [/private_monthly] Original Option Strategy: diagonal call spread Trade entry date: Feb 24 Price at trade entry: $40.56 Price at this adjustment: $36.40 Current Position: [private_monthly] Long 2 BRCM Jan12 [Read More …]

Trade Adjustment : calendar call spread

Stock / Symbol: [private_monthly]Johnson & Johnson / JNJ[/private_monthly] Price at trade entry: $62.40 Option Strategy: calendar call spread Current Position: [private_monthly] Long 4 JNJ Apr12 62.5 Calls Short 4 JNJ Oct11 62.5 Calls at a [Read More …]

Closing Trade Update

Stock / Symbol: Comcast / CMCSA Option Strategy: diagonal call spread Trade entry date: Sep 9 Price at trade entry: $20.83 Update: Closing for a CREDIT of $1.65 per contract Trade Details: STC 5 CMCSA [Read More …]

Closing Trade Update : CMCSA diagonal call spread

Stock / Symbol: Comcast / CMCSA Option Strategy: diagonal call spread Trade entry date: Sep 9 Price at trade entry: $20.83 Update: Closing for a CREDIT of $1.65 per contract Trade Details: STC 5 CMCSA [Read More …]