Stock / Symbol: S&P 500 INDEX / SPX Price at trade post: $1349.90 Option Strategy: [private_monthly]bear call spread[/private_monthly] Reasoning: We are expecting the SPX to [private_monthly]continue a bit higher from here, but then peter out [Read More …]
Archives for February 2012
Order Update : JNJ
Stock / Symbol: Johnson & Johnson / JNJ Price at trade post: $65.35 Option Strategy: [private_monthly] butterfly call spread + protective call[/private_monthly] Update:[private_monthly] We got filled on the butterfly at $1.66, and then on the [Read More …]
New Trade : JNJ
Stock / Symbol: Johnson & Johnson / JNJ Price at trade post: $65.35 Option Strategy: [private_monthly] butterfly call spread + protective call[/private_monthly] Reasoning:[private_monthly] We’re going back to JNJ, which does not historically have drastic moves, [Read More …]
Closing Trade : MSFT
Stock / Symbol: Microsoft / MSFT Option Strategy: [private_monthly]calendar call spread[/private_monthly] Trade entry date: Dec 23 Price at trade entry: $25.97 Price at this post: $29.95 Current Position:[private_monthly] Long 10 MSFT Mar12 29 Calls Short [Read More …]
Closing Order Update : GMCR
Stock / Symbol: Green Mountain Coffee Roasters / GMCR Reasoning: We got filled at $15.99 but the bid has dropped. We suggest executing an order at the bid price now to insure you get filled. [Read More …]
Closing Trade : GMCR
Stock / Symbol: Green Mountain Coffee Roasters / GMCR Option Strategy: [private_monthly]straddle[/private_monthly] Trade entry date: Jan 31 Price at trade entry: $53.41 Reasoning: We got our expected big move, either up or down, on GMCR [Read More …]