Stock / Symbol: [private_monthly]United States Oil Fund / USO[/private_monthly] Option Strategy: diagonal call spread Price at trade entry: $31.24 Price at this adjustment: $32.07 Adjustment: With our short 31 strike calls ITM, we’re going to [Read More …]
Archives for 2011
New Trade : calendar call spread
October 5, 2011 By Leave a Comment
Stock / Symbol: [private_monthly]Johnson & Johnson / JNJ[/private_monthly] Price at trade post: $62.40 Option Strategy: calendar call spread Reasoning: [private_monthly]JNJ[/private_monthly] does not historically have drastic moves, and has shown strong resilience in this schizophrenic market, [Read More …]
Order Update
September 30, 2011 By Leave a Comment
Stock / Symbol: [private_monthly]Priceline.com / PCLN[/private_monthly] Price at this update: $461 Option Strategy: put spread Update: got filled at $8.00 per contract. We suggest upping your bid to at least $7.85 if you haven’t been [Read More …]
New Trade : put spread
September 30, 2011 By Leave a Comment
Stock / Symbol: [private_monthly]Priceline.com / PCLN[/private_monthly] Price at trade post: $470 Option Strategy: put spread Reasoning: With [private_monthly]PCLN [/private_monthly] breaking through a major support level, we’re going to open up another put spread on it. [Read More …]
New Trade : diagonal call spread
September 30, 2011 By Leave a Comment
Stock / Symbol: [private_monthly]United States Oil Fund / USO[/private_monthly] Option Strategy: diagonal call spread Price at trade post: $31.25 Reasoning: Over the past 2 years, USO has traded within a 15 point range (30 – [Read More …]
Trade Adjustment
September 28, 2011 By Leave a Comment
Stock / Symbol: [private_monthly]Cheniere Energy / LNG [/private_monthly] Option Strategy: covered strangle Trade entry date: July 18th Price at trade entry: $9.85 Price at this post: $5.50 Current Position: [private_monthly] Long 200 shares of LNG [Read More …]
Trade Adjustment : calendar call spread
September 26, 2011 By Leave a Comment
Stock / Symbol: [private_monthly]Walt Disney Co / DIS[/private_monthly] [private_monthly] Option Strategy: calendar call spread Trade entry date: Jun 7 Price at trade entry: $39.82 Price at this post: $29.87 Adjustment: We’re selling some Oct 33 [Read More …]
New Trade : bull put spread
September 26, 2011 By Leave a Comment
Stock Symbol: [private_monthly]GLD[private_monthly] Option Strategy: bull put spread Price at trade post: $156.15 Reasoning: We expect [private_monthly]GLD[private_monthly] to find support at its 200 day moving average (approximately $148). As long as [private_monthly]GLD[private_monthly] stays above $136 [Read More …]
Fill Report
September 22, 2011 By Leave a Comment
Stock / Symbol: [private_monthly]SalesForce.com / CRM [/private_monthly] Price at trade entry: $115.55 Option Strategy: put spread Update: We were filled at $2.25 per contract Position Details: [private_monthly] Long 3 CRM Nov11 115 Puts Short -3 [Read More …]
New Trade : put spread
September 22, 2011 By Leave a Comment
Stock / Symbol: [private_monthly]SalesForce.com / CRM [/private_monthly] Price at trade post: $116 Option Strategy: put spread Max Risk: $645 Max Reward: $850 or 135% by Nov 2011 exp Profit Range: $0 – $113 by Nov [Read More …]
