Stock / Symbol: [private_monthly]Ford / F [/private_monthly] Price at trade post: $14.99 Option Strategy: diagonal call spread Reasoning: With [private_monthly]Ford [/private_monthly] trading 21% under its recent high, and with it finding support at its 200 [Read More …]
New Trade – diagonal call spread
Stock / Symbol: [private_monthly]Broadcom / BRCM [/private_monthly] Price at trade post: $40.56 Option Strategy: diagonal call spread Max Risk: $934 Max Reward: $579 or 62% by May 2011 expiration Profit Range: $40.54 + Max Profit [Read More …]
Trade Adjustment – diagonal call spread
Stock / Symbol: [private_monthly]Apache / APA [/private_monthly] Original Option Strategy: diagonal call spread Entry date: Jan 14th Price at time of trade entry: $124.57 Price at this adjustment: $118.36 Option Strategy Modified to: calendar call [Read More …]
Trade Adjustment – diagonal call spread
Stock / Symbol: [private_monthly]Apache / APA[/private_monthly] Option Strategy: diagonal call spread Price at trade entry: 124.58 Price at this adjustment: 120.80 Reasoning: With [private_monthly]Apache[/private_monthly] up slightly following its earnings release and conference call, it looks [Read More …]
Trade Adjustment – diagonal call spread
Stock / Symbol: [private_monthly]Apache / APA[/private_monthly] Option Strategy: diagonal call spread Price at trade entry: 124.58 Price at this adjustment: 119.60 Reasoning: With [private_monthly]Apache[/private_monthly] reporting earnings tomorrow morning, we’re adding a put to protect against [Read More …]
Closing Trade – AGU diagonal call spread
Stock / Symbol: Agruim / AGU Price at trade entry: $91.93 Option Strategy: diagonal call spread Max Risk: $760 Max Reward: $392 (at $95) or 51.58% by Feb 2011 expiration Profit Range: $89.82 + Realized [Read More …]
New Trade – diagonal call spread
Stock / Symbol: [private_monthly]Altria Group / MO [/private_monthly] Price at trade post: $23.61 Option Strategy: diagonal call spread Max Risk: $624 Max Reward: $349 or 56% by Mar 2011 expiration Profit Range: $22.63 + Max [Read More …]
Trade Adjustment – diagonal call spread
Stock / Symbol: [private_monthly]United States Oil Fund / USO[/private_monthly] Option Strategy: diagonal call spread Price at trade opening: $37.40 Price at Jan 26 adjustment: $36.25 Price at this adjustment: $38.30 Adjustment: Due to the turmoil [Read More …]
Trade Adjustment
Stock / Symbol: [private_monthly]United States Oil Fund / USO[/private_monthly] Option Strategy: diagonal call spread Price at trade opening: $37.40 Price at this adjustment: $36.25 Adjustment: The recent dip by[private_monthly] USO[/private_monthly] has squeezed most of the [Read More …]
New Trade – diagonal call spread
Stock / Symbol: [private_monthly]Macys / M[/private_monthly] Price at trade post: $23.62 Option Strategy: diagonal call spread Max Risk: $626 Max Reward: $193 or 30% by Feb 2011 expiration Profit Range: $23.62 + Max Profit at: [Read More …]