Stock / Symbol: Caterpillar / CAT Price at trade post: $116.10 Option Strategy: [private_monthly]calendar put spread[/private_monthly] Update:[private_monthly] For those of you who entered a calendar call spread on CAT, that trade is fine too and [Read More …]
Correction : CAT
February 29, 2012 By Leave a Comment
Stock / Symbol: Caterpillar / CAT Price at trade post: $116.10 Option Strategy: [private_monthly]calendar put spread[/private_monthly] Correction:[private_monthly] We did a put spread, not a call spread. See revised order. [/private_monthly] Trade Details : [private_monthly] BTO [Read More …]
New Trade : CAT
February 29, 2012 By Leave a Comment
Stock / Symbol: Caterpillar / CAT Price at trade post: $116.10 Option Strategy: [private_monthly]calendar put spread[/private_monthly] Reasoning:[private_monthly] We’re thinking that by March expiration, CAT won’t move too much from it’s current price, but with a [Read More …]
Trade Adjustment / Closing Order : EGO
February 28, 2012 By Leave a Comment
Stock / Symbol: Eldorado Gold Corp / EGO Option Strategy: [private_monthly]diagonal call spread[/private_monthly] Trade entry date: Feb 17 Price at trade entry: $13.43 Price at this post: $15.25 Adjustment: Our closing order wasn’t filled last [Read More …]
Closing Trade : EGO
February 23, 2012 By Leave a Comment
Stock / Symbol: Eldorado Gold Corp / EGO Option Strategy: [private_monthly]diagonal call spread[/private_monthly] Trade entry date: Feb 17 Price at trade entry: $13.43 Price at this post: $14.90 Reasoning: We entered this trade expecting a [Read More …]
New Trade : MCP
February 23, 2012 By Leave a Comment
Stock / Symbol: MolyCorp / MCP Price at trade post: $28.86 Option Strategy: [private_monthly]combo (short put/long call), AKA synthetic long stock[/private_monthly] Reasoning: MCP operates the Mountain Pass mine, a non-Chinese rare earth deposit located in [Read More …]
Closing Trade : HAL
February 22, 2012 By Leave a Comment
Stock / Symbol: Halliburton / HAL Option Strategy: diagonal call spread (originally) Trade entry date: Nov 8, 2011 Trade exit date: Feb 22, 2012 @ 11:13am EST Price at trade entry: $38.26 Price at trade [Read More …]
Closing Trade : CHK
February 21, 2012 By Leave a Comment
Stock / Symbol: Chesapeake Energy / CHK Strategy: [private_monthly]bull put spread[/private_monthly] Trade entry date: Nov 4 Price at trade entry: $27.02 Price at this post: $24.74 Current Position: [private_monthly] Short -3 Apr12 23 Puts Long [Read More …]
New Trade : EGO
February 17, 2012 By Leave a Comment
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 …]
Trade Update : NBR
February 17, 2012 By Leave a Comment
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 …]
