Stock / Symbol: ProShares Ultra S&P 500 / SSO Price at trade post: $54.97 Option Strategy: [private_monthly]iron condor[/private_monthly] Reasoning: With about equal upside and downside in the S&P 500 at the moment, we’re going with [Read More …]
Archives for 2012
Trade Adjustment : WMT
April 20, 2012 By Leave a Comment
Stock / Symbol:Walmart / WMT Option Strategy: [private_monthly]calendar call spread[/private_monthly] Trade entry date: Mar 9 Price at trade entry: $60.18 Price at this adjustment: $62.30 Current Position:[private_monthly] Long 5 WMT Jun12 60 Calls Short -5 [Read More …]
Trade Adjustment : JNJ
April 20, 2012 By Leave a Comment
Stock / Symbol: Johnson & Johnson / JNJ Option Strategy: [private_monthly]tripple calendar call spread[/private_monthly] Trade entry date: Mar 19 Price at trade entry: $65.17 Price at this adjustment: $63.64 Current Position:[private_monthly] long 4 JNJ Jul12 [Read More …]
Closing Trade : HSY
April 20, 2012 By Leave a Comment
Stock / Symbol: The Hershey Co. / HSY Option Strategy: broken wing butterfly call spread Trade entry date: Mar 29 Price at trade entry: $61.13 Price at this post: $63.25 Reasoning: We were expecting HSY [Read More …]
Closing Trade : CMG
April 20, 2012 By Leave a Comment
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 …]
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 …]
