Stock / Symbol: [private_monthly]Broadcom / BRCM [/private_monthly] Option Strategy: diagonal call spread Trade entry date: Feb 24 Price at trade entry: $40.56 Price at this adjustment: $38.12 Adjustment: With most of the premium out of [Read More …]
Trade Adjustment – diagonal call spread
Stock / Symbol: [private_monthly]Pan American Silver / PAAS [/private_monthly] Option Strategy: diagonal call spread Trade entry date: March 18th Price at trade entry: $34.81 Price at this adjustment: $41.63 Adjustment: [private_monthly] PAAS[/private_monthly] has performed very [Read More …]
Closing Trade – F diagonal call spread
Stock / Symbol: Ford / F Option Strategy: diagonal call spread Price at trade entry: $15.03 Price at this post: $15.65 Reasoning: Ford looks like its going to pull back a bit here so we’re [Read More …]
New Trade – diagonal call spread
Stock / Symbol: [private_monthly]Fifth Third Bancorp / FITB[/private_monthly] Price at trade post: $14.04 Option Strategy: diagonal call spread Max Risk: $744 Max Reward: $260 or 35% by May 2011 expiration Profit Range: $14.13 + Max [Read More …]
Closing Trade – remaining leg of diagonal call spread
Stock / Symbol: Altria / MO Option Strategy: diagonal call spread adjustment Date of trade open: March 3rd Price at trade entry: $25.40 Price at trade exit: $25.95 Max Risk: $48 Max Reward: unlimited Realized [Read More …]
Trade Update
Stock / Symbol: [private_monthly]iPath S&) 500 VIX Short-Term Futures / VXX[/private_monthly] Price at trade post: $30.52 Option Strategy: diagonal call spread Update: got filled at $6.12 per contract
New Trade – diagonal call spread / market hedge
Stock / Symbol: [private_monthly]iPath S&) 500 VIX Short-Term Futures / VXX[/private_monthly] Price at trade post: $30.52 Option Strategy: diagonal call spread Max Risk: $600 Max Reward: $326 or 54% by Apr 2011 expiration Profit Range: [Read More …]
Trade Update
Stock / Symbol: [private_monthly]Pan American Silver / PAAS [/private_monthly] Price at trade entry: $34.81 Option Strategy: diagonal call spread Update: got filled at $4.60 per contract
New Trade – diagonal call spread
Stock / Symbol: [private_monthly]Pan American Silver / PAAS [/private_monthly] Price at trade post: $34.75 Option Strategy: diagonal call spread Reasoning: We’d like some exposure to the precious metals market and feel this stock is a [Read More …]
Trade Adjustment – Altria
Stock / Symbol: [private_monthly]Altria Group / MO [/private_monthly] Option Strategy: diagonal call spread Date of trade entry: Feb 1 Price at trade entry: $23.61 Price at 2nd adjustment: $25.40 Price at this adjustment: $25.07 Adjustment: [Read More …]