Stock / Symbol: Altria Group / MO Option Strategy: calendar call spread Trade entry date: Dec 2 Price at trade entry: $28.39 Price at this post: $30.09 Notes: [private_monthly] Our short Mar12 29 calls were [Read More …]
Trade Adjustment : MCP
March 13, 2012 By Leave a Comment
Stock / Symbol: MolyCorp / MCP Option Strategy: [private_monthly]combo (short put/long call), AKA synthetic long stock[/private_monthly] Trade entry date: Feb 23 Price at trade entry: $28.66 Price at Mar 1 adjustment: $25.19 Price at this [Read More …]
Trade Update : WFC
March 12, 2012 By Leave a Comment
Stock / Symbol: [private_monthly]Wells Fargo / WFC [/private_monthly] Option Strategy: [private_monthly]butterfly put spread[/private_monthly] Trade entry date: Mar 5 Price at trade entry: $30.92 Price at this post: $31.24 Current Position: [private_monthly] Long 7 WFC Mar12 [Read More …]
New Trade : WMT
March 9, 2012 By Leave a Comment
Stock / Symbol:Walmart / WMT Option Strategy: [private_monthly]calendar call spread[/private_monthly] Price at trade post: $60.16 Reasoning: With WMT looking like it’ll stay in the 58 – 62 range for a while, we’re going with a [Read More …]
Trade Adjustment : CAT
March 6, 2012 By Leave a Comment
Stock / Symbol: Caterpillar / CAT Option Strategy: [private_monthly]calendar put spread[/private_monthly] Trade entry date: Feb 29 Price at trade entry: $115.92 Price at this post: $105.50 Current Position : [private_monthly] Long 2 CAT Apr12 115 [Read More …]
Order Update : WFC
March 5, 2012 By Leave a Comment
Stock / Symbol: [private_monthly]Wells Fargo / WFC [/private_monthly] Option Strategy: [private_monthly]butterfly put spread[/private_monthly] Price at trade entry: $30.92 @ 3:40 pm EST Update: Got filled at $0.24. If you cannot get filled at $0.24, just [Read More …]
New Trade : WFC
March 5, 2012 By Leave a Comment
Stock / Symbol: [private_monthly]Wells Fargo / WFC [/private_monthly] Option Strategy: [private_monthly]butterfly put spread[/private_monthly] Reasoning: While WFC is fundamentally strong, we think that it take a bit of a breather before heading higher. Thinking that WFC [Read More …]
Trade Adjustment: CAT
March 2, 2012 By Leave a Comment
Stock / Symbol: Caterpillar / CAT Option Strategy: [private_monthly]calendar put spread[/private_monthly] Trade entry date: Feb 29 Price at trade entry: $115.92 Price at this post: $112.59 Current Position : [private_monthly] Long 2 CAT Apr12 115 [Read More …]
Trade Adjustment : TBT
March 2, 2012 By Leave a Comment
Stock / Symbol: [private_monthly]ProShares UltraShort 20+ Year Treasury / TBT [/private_monthly] Option Strategy: [private_monthly]call ratio spread, switching to vertical call spread[/private_monthly] Trade entry date: Oct 13 Price at entry: $20.86 Price at this post: $18.98 [Read More …]
Trade Adjustment : MCP
March 1, 2012 By Leave a Comment
Stock / Symbol: MolyCorp / MCP Option Strategy: [private_monthly]combo (short put/long call), AKA synthetic long stock[/private_monthly] Trade entry date: Feb 23 Price at trade post: $28.66 Price at this post: $25.22 Reasoning: With it looking [Read More …]
