Stock / Symbol: [private_monthly]Las Vegas Sands / LVS[/private_monthly] Option Strategy: calendar call spread Price at time of trade entry: $50.81 Price at this adjustment: $47.39 Adjustment: The Dec 52.5 call we sold expired worthless, bringing [Read More …]
Archives for 2010
Trade Adjustment – diagonal call spread
December 17, 2010 By Leave a Comment
Stock / Symbol: Verifone / PAY Price at trade opening: $34.77 Price at this adjustment: $40.21 Update: We didn’t get filled on closing the spread so we just bought back the short Dec 37 strike [Read More …]
New Trade – bull put spread
December 17, 2010 By Leave a Comment
Stock / Symbol: [private_monthly]Visa / V [/private_monthly] Price at trade post: $67.91 Option Strategy: bull put spread Max Risk: $764 Max Reward: $236 or 30% by Jan 2011 expiration Profit Range: $64.41 + Max Reward [Read More …]
Closing Trade – PAY diagonal call spread
December 17, 2010 By Leave a Comment
Stock / Symbol: Verifone / PAY Option Strategy: diagonal call spread We need to close out this trade today as the 37 strike call will close in the money. Closing Details: STC 1 PAY Apr11 [Read More …]
Closing Trade – RIMM butterfly call spread
December 17, 2010 By Leave a Comment
Stock / Symbol: Research in Motion / RIMM Price at trade post: $59.60 Option Strategy: butterfly call spread Max Risk: $418 Max Reward: $100 or 25% by Dec 17th Profit Range: $0 – $58 & [Read More …]
Trade Adjustment – calendar spread
December 16, 2010 By Leave a Comment
Stock / Symbol: [private_monthly]Zions Bancorp / ZION [/private_monthly] Option Strategy: calendar spread, adjusting to diagonal call spread Entry date: Oct 6th; Price at trade entry: $21.94 Price at Nov 24 adjustment: $19.47 Price at Dec [Read More …]
Closing Trade – GE combo
December 16, 2010 By Leave a Comment
Stock / Symbol: General Electric / GE Price at trade opening: $16.58 Option Strategy: combo (short put / long call) Max Risk: $1,575 Max Reward: unlimited Profit Range: $16.76+ Reasoning: This trade has performed nicely [Read More …]
New Trade – bull put spread
December 16, 2010 By Leave a Comment
Stock / Symbol: [private_monthly]Aixtron / AIXG [/private_monthly] Price at trade post: $34.30 Option Strategy: bull put spread Max Risk: $520 Max Reward: $80 or 15.38% by Jan 2011 expiration Profit Range: $30.60 + Max Reward [Read More …]
New Trade – butterfly call spread
December 16, 2010 By Leave a Comment
Stock / Symbol: [private_monthly]Research in Motion / RIMM [/private_monthly] Price at trade post: $59.60 Option Strategy: butterfly call spread Max Risk: $418 Max Reward: $100 or 25% by Dec 17th Profit Range: $0 – $58 [Read More …]
New Trade – bull put spread
December 15, 2010 By Leave a Comment
Stock / Symbol: [private_monthly]Netflix/ NFLX[/private_monthly] Option Strategy: bull put spread Price at trade post: $178.15 Max Profit: $300 Max Risk: $700 Max Return: 42.86% Profit Range: $163.50 + Max Profit at: $165 + Reasoning: We’re [Read More …]
