Stock / Symbol: [private_monthly]Amazon / AMZN[/private_monthly] Price at trade post: $181.44 Option Strategy: call back spread Max Risk: $1,770 (at Mar expiration) Max Reward: unlimited Profit Range: $0 – $181 & $217 + (at Mar [Read More …]
New Trade – call back spread
Stock / Symbol: [private_monthly]JP Morgan / JPM[/private_monthly] Price at trade post: $44.70 Option Strategy: call back spread Max Risk: $774 (at Mar expiration) Max Reward: unlimited Profit Range: $0 – 46.40 & $51.60 + (at [Read More …]
New Trade – call back spread
Stock / Symbol: [private_monthly]Salesforce.Com / CRM[/private_monthly] Price at trade opening: $110.07 Option Strategy: call back spread Max Risk: $1,380 (at Jan expiration) Max Reward: unlimited Profit Range: $0 – $110 + $141.35 (at Jan expiration) [Read More …]
New Trade – call back spread
Closing Trade – ADBE call back spread
Stock Symbol: ADBE Original Option Strategy: Call Back Spread Max Risk (Adjusted): $15 Gain on remaining long call: 30% Overall Gain on Trade: 83% Reasoning: On Oct 12, we closed out the 4 short calls [Read More …]
Trade Adjustment – call back spread
Stock Symbol: [private_monthly]ADBE[/private_monthly] Option Strategy: Call Back Spread Max Risk (Adjusted): $15 Max Gain: Unlimited Profit Range: $28 + Break Even at Expiration: $28.30 Reasoning: [private_monthly]Adobe – ADBE[/private_monthly] has moved up high enough that we [Read More …]
New Trade – Call Back Spread
Stock Symbol: [private_monthly]ADBE[/private_monthly] Option Strategy: Call Back Spread Max Risk: $592 (close at $28 on 11/19/10) Max Gain: Unlimited Profit Range: $29.48 + Max Risk if stock closes at or under $27 by Nov expiration: [Read More …]