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
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
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
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 …]
Trade Adjustment : FCX
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
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
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 …]
New Trade : INFY
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
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 …]
Closing Trade : JDSU
Stock / Symbol: JDS Uniphase Corp / JDSU Option Strategy: [private_monthly]vertical call spread[/private_monthly] Trade entry date: Mar 26 Price at trade post: $13.99 Price at this post: $13.70 Reasoning: We did get a $15 price [Read More …]