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 …]
Trade Adjustment : CHK
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 adjustment: $21.20 Current Position: [private_monthly] Short -3 Jan12 22.5 Puts Long [Read More …]
New Trade : IWM
Stock / Symbol: iShares Russell 2000 Index Fund / IWM Price at trade post: $75.87 Option Strategy: [private_monthly]bull put spread[/private_monthly] Reasoning: [private_monthly]We’re going to see if we can take advantage of a pullback in this [Read More …]
Closing Trade : DECK
Stock / Symbol: Deckers / DECK Option Strategy: [private_monthly]bull put spread[/private_monthly] Trade entry date: Dec 20 Price at trade entry: $90.86 Price at this post: $83.98 Reasoning: This trade has gone against us, and fast. [Read More …]
New Trade : DECK
Stock / Symbol: Deckers / DECK Price at trade post: $91 Option Strategy: [private_monthly]bull put spread[/private_monthly] Reasoning: [private_monthly]Despite a recent analyst downgrade, DECK still boasts strong fundamentals and looks to have technically found support at [Read More …]
Completed Trade : FAS bull put spread
Stock / Symbol: Direxion Daily Financial Bull 3x / FAS Option Strategy: bull put spread Trade entry date: Dec 13 Trade exit date: Dec 16 Price at trade entry: $59.81 Price at trade exit: $58.98 [Read More …]
Completed Trade : MSFT bull put spread
Stock / Symbol: [private_monthly]Microsoft / MSFT[/private_monthly] Option Strategy: bull put spread Trade entry date: Nov 22 Price at trade entry: $24.75 Price at trade exit: $26.00 Analysis: Thinking that MSFT was quite oversold, we entered [Read More …]
Order Adjustment
Stock / Symbol: Direxion Daily Financial Bull 3x / FAS Price at trade post: $60.85 Option Strategy: bull put spread Adjustment: [private_monthly]We’re selling the 53’s and buying the 52’s Trade Details: STO -10 FAS Dec11 [Read More …]
New Trade : FAS bull put spread
Stock / Symbol: Direxion Daily Financial Bull 3x / FAS Price at trade post: $60.85 Option Strategy: bull put spread Reasoning: [private_monthly]While financials are under pressure due to the concerns in Europe, we do expect [Read More …]
New Trade : bull put spread
Stock / Symbol: [private_monthly]Microsoft / MSFT[/private_monthly] Price at trade post: $24.71 Option Strategy: bull put spread Reasoning: At a fundamental valuation of $35, we think that [private_monthly]MSFT[/private_monthly] is quite oversold. We’re going with a bull [Read More …]