Stock / Symbol: Chipotle Mexican Grill / CMG Option Strategy: [private_monthly]iron condor[/private_monthly] Trade entry date: Apr 19 Price at trade entry: $432.44 Price at this post: $424.50 Reasoning: Didn’t get our expected move following CMG’s [Read More …]
Archives for April 2012
Closing Trade : FCX
April 19, 2012 By Leave a Comment
Stock / Symbol: Freeport McMoran / FCX Original Option Strategy: [private_monthly]calendar call spread[/private_monthly] Trade entry date: Mar 19 Price at trade entry: $39.78 Price at this post: $38.00 Current Position Long 4 FCX Aug12 42 [Read More …]
New Trade : CMG
April 19, 2012 By Leave a Comment
Stock / Symbol: Chipotle Mexican Grill / CMG Price at trade post: $433 Option Strategy: [private_monthly]iron condor[/private_monthly] Reasoning: With CMG set to report earnings this evening, we’re expecting at least a [private_monthly]5% move in either [Read More …]
Know When To Fold
April 18, 2012 By Leave a Comment
Tight Stops Cut your losers! Deciding on where to exit a losing trade is a critical piece to the investment process. When a position goes against you, the intuitive voice tells you to add to [Read More …]
Trade Adjustment : FCX
April 18, 2012 By Leave a Comment
Stock / Symbol: Freeport McMoran / FCX Option Strategy: [private_monthly]calendar call spread[/private_monthly] Trade entry date: Mar 19 Price at trade entry: $39.78 Price at this post: $38.48 Current Position Long 4 FCX Aug12 42 Calls [Read More …]
Closing Trade : INFY
April 18, 2012 By 2 Comments
Stock / Symbol: Infosys / INFY Option Strategy: [private_monthly]double calendar call spread[/private_monthly] Trade entry date: Apr 11 Price at trade entry: 56.51 Price at this post: 47.15 Reasoning: While the INFY beat earnings estimates, they [Read More …]
Trade Adjustment : JNJ
April 12, 2012 By Leave a Comment
Stock / Symbol: Johnson & Johnson / JNJ Option Strategy: [private_monthly]calendar call spread[/private_monthly] Trade entry date: Mar 19 Price at trade entry: $65.17 Price at this adjustment: $63.81 Current Position:[private_monthly] long 5 JNJ Jul12 65 [Read More …]
Earnings Season & ETF’s
April 11, 2012 By Leave a Comment
Earnings Season Preview – As we begin earnings season, our team at The OptionWiz looks to Exchange Traded Funds to mitigate some of the risk that Individual stocks carry during this period. Making a call [Read More …]
New Trade : INFY
April 11, 2012 By Leave a Comment
Stock / Symbol: Infosys / INFY Price at trade post: $56.50 Option Strategy: [private_monthly]double calendar call spread[/private_monthly] Reasoning: With a trading range between $59.18 and $55.24 over the last 30 days, we’re going to [private_monthly] [Read More …]
New Trade : SPX
April 10, 2012 By Leave a Comment
Stock / Symbol: S&P 500 INDEX / SPX Price at trade post: $1362.75 Option Strategy: [private_monthly]bull put spread[/private_monthly] Reasoning: We were expecting the SPX to pull back from it’s recent highs but we think that [Read More …]
