Archives for September 2010

Here’s a quick trade to take advantage of the volatility in RIMM options due to their earnings announcement today after close: Buy 4 RIMM SEP10 37.5 PUT $0.08 $32.00 Sell -4 RIMM SEP10 40 PUT [Read More …]

Stock Symbol: [private_monthly]CSTR[/private_monthly] Price at Time of Trade: $41.50 Option Strategy: Calendar Spread Risk: medium Reward: limited Reasoning:Expect that [private_monthly]Coinstar – CSTR[/private_monthly] will move up to at least $50 the end of this year. This [Read More …]

Stock Symbol: [private_monthly]SPX[/private_monthly] Price at time of Trade Open: $1100.34 Target Date: September 17th – September options expiration Target Price: 1040 to 1115 Current Price: $1125 Option Strategy: Iron Condor with September expiration options Reasoning: [Read More …]

Stock Symbol: JDSU Entry date: 8/18/10 Exit date: 9/09/10 Price at time of Trade: $10.53 Price at time of Exit: $10.87 Option Strategy: Call Spread Trade Breakdown: Trade Date | Action | Symbol/Desc. | Qty [Read More …]

Our Iron Condor on the SPX filled today at a credit of $0.65, or a total credit of $130. This sets us up for a nice 14.94% gain by options expiration next Friday.

Symbol: [private_monthly]SPX[/private_monthly] Looks like we’re not going to get filled at our set Limit/Credit of $0.80. so we’re lowering the  limit to $0.65.  Setting as a Good Till Canceled Order.

theOptionWiz position summary for the period covering Aug 8 – Sep 3, 2010: closed trades Stock Symbol Option Strategy entry date exit date Gain / loss (pre-commission) GOOG put spread 08/10/10 08/20/10 100.64% SPY iron [Read More …]