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 …]
The Rule of 72
The Rule of 72 Under the Rule of 72, if you take the interest rate earned on an investment and divide it into “72”, you get the approximate number of years needed to double the [Read More …]
New Trade : GMCR
Stock / Symbol: Green Mountain Coffee Roasters / GMCR Price at trade post: $53.75 Option Strategy: [private_monthly]straddle[/private_monthly] Reasoning:[private_monthly] While a Straddle is a low probability trade, we agree with the Street that GMCR can move [Read More …]
New Trade : NBR
Stock / Symbol: Nabors Industries / NBR Price at trade post: $18.60 Option Strategy: [private_monthly]covered call[/private_monthly] Reasoning:[private_monthly] With solid fundamentals and with NBR trading near the low end of it’s trading range, we feel that [Read More …]
Closing Order Adjustment : NFLX
Stock / Symbol: Neflix / NFLX Option Strategy: [private_monthly]iron condor[/private_monthly] Trade entry date: Jan 25 Price at trade entry : $94.95 Adjustment: [private_monthly]We didn’t get our expected intra-day pull back. With NFLX over $120, our [Read More …]
Closing Trade : NFLX
Stock / Symbol: Neflix / NFLX Option Strategy: [private_monthly]iron condor[/private_monthly] Trade entry date: Jan 25 Price at trade entry : $94.95 Reasoning: A good earnings report coupled with a large short position have caused NFFX [Read More …]
Trade Adjustment : 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: $29.65 Current Position:[private_monthly] Long 10 MSFT Mar12 29 Calls Short [Read More …]