Stock / Symbol: Eldorado Gold Corp / EGO Price at trade post: $13.45 Option Strategy: [private_monthly]diagonal call spread[/private_monthly] Reasoning: With most gold miners, like EGO, not participating in gold’s rise from it’s low on Dec [Read More …]
Archives for February 2012
Trade Update : NBR
Stock / Symbol: Nabors Industries / NBR Option Strategy: covered call Trade entry date: Jan 30 Trade exit date: Feb 17 or Feb 18 Price at trade entry: $18.50 Price at this post: $20.72 Reasoning: [Read More …]
Closing Trade : KO
Stock / Symbol: Coca Cola / KO Option Strategy: call ratio calendar spread Trade entry date: Jan 11 Price at trade entry: $67.91 Price at trade exit: $68.59 Reasoning: We’re currently up about 10% on [Read More …]
Closing Order Update : JNJ
Stock / Symbol: Johnson & Johnson / JNJ Option Strategy: butterfly call spread + protective call Trade entry date: Feb 7 Trade exit date: Feb 16 Price at trade entry: $65.35 Price at trade exit: [Read More …]
Order Updates
Stock / Symbol: S&P 500 INDEX / SPX Trade entry date: Feb 15 @ 11:41am EST Price at trade entry: $1355.07 Option Strategy: [private_monthly]bear call spread[/private_monthly] Update: We got filled today on our [private_monthly]SPX bear [Read More …]
Closing trade : JNJ
Stock / Symbol: Johnson & Johnson / JNJ Option Strategy: butterfly call spread + protective call Trade entry date: Feb 7 Price at trade entry: $65.35 Price at this post: $64.83 Reasoning: We’re entering our [Read More …]
Closing Trade : K
Stock / Symbol: Kellog / K Option Strategy: diagonal call spread Trade entry date: Jan 6 Price at trade entry: $50.39 Price at this post: $52.82 Reasoning: Bolstered by it’s announced purchase of Pringles, K [Read More …]
ZNGA trade
Stock / Symbol: ZYNGA Inc / ZNGA Option Strategy: strangle Trade entry date: Feb 13 Trade exit date: Feb 14 Price at trade entry: $13.52 Price at trade exit: $14.45 Update: We got filled at [Read More …]
closing trade : ZNGA
Stock / Symbol: ZYNGA Inc / ZNGA Option Strategy: [private_monthly]strangle[/private_monthly] Trade entry date: Feb 13 Price at trade entry: $13.52 Reasoning: Thanks to a decent move in the stock + an increase in volatility, we’re [Read More …]
New Trade : ZNGA
Stock / Symbol: ZYNGA Inc / ZNGA Price at trade post: $13.56 Option Strategy: [private_monthly]strangle[/private_monthly] Reasoning:[private_monthly] While a Strangle is a low probability trade, we believe that ZNGA can move 12% or more on it’s [Read More …]