Stock / Symbol: [private_monthly]Aruba Networks / ARUN[/private_monthly] Price at trade opening: $22.79 Price at trade adjustment: $22.73 Option Strategy: call back spread Max Risk: $540 (at Jan expiration) Max Reward: unlimited Profit Range: $27.70 + [Read More …]
Archives for 2010
Trade Adjustment – diagonal call spread to calendar spread
December 1, 2010 By Leave a Comment
Stock / Symbol: [private_monthly]Baidu / BIDU [/private_monthly] Option Strategy: calendar call spread –> adjusting to diagonal call spread Entry date: Oct 26th; Price at trade entry: $113.09 Last adjusted: Nov 24th with stock at $109.18 [Read More …]
New Trade – iron condor
November 30, 2010 By Leave a Comment
Stock / Symbol: [private_monthly]S&P 500 / SPX[private_monthly] Option Strategy: iron condor Max Profit: $320 Max Risk: $1680 Max Return: 19% Profit Range: $1118 – 1246 Max Profit between: $1120 – 1245 Reasoning: We’re using this [Read More …]
New Trade – bull put spread
November 30, 2010 By Leave a Comment
Stock / Symbol: [private_monthly]Walgreen / WAG[/private_monthly] Option Strategy: bull put spread Price at trade post: 34.73 Max Profit: $92 Max Risk: $308 Max Return: 29% Profit Range: $33.77 + Max Profit at: $34 Reasoning: This [Read More …]
New Trade – call spread + optional risk reversal
November 26, 2010 By Leave a Comment
Stock / Symbol: [private_monthly]Ford Motor Co. / F [/private_monthly] Price at trade post: $16.10 Reasoning: With the recent pullback in this stock surrounding the GM, we see a buying opportunity in a sector with solid [Read More …]
Trade Update – diagonal call spread
November 24, 2010 By Leave a Comment
Stock / Symbol: [private_monthly] Williams-Sonoma / WSM [/private_monthly] Price at trade post: $32.70 Trade as posted on Nov 23: Buy 2 WSM Feb11 33 Call @ $2.25 = $450.00 Sell -2 WSM Dec10 35 Call [Read More …]
Trade Adjustment – diagonal call spread
November 24, 2010 By Leave a Comment
Stock / Symbol: [private_monthly]Zions Bancorp / ZION [/private_monthly] Option Strategy: diagonal call spread –> calendar spread Entry date: Oct 6th; Price at trade entry: $21.94 Adjustment: we’re getting worried about this stock near term so [Read More …]
New Trade – diagonal call spread
November 23, 2010 By Leave a Comment
Stock / Symbol: [private_monthly] Williams-Sonoma / WSM [/private_monthly] Price at trade opening: $32.70 Option Strategy: diagonal call spread Max Risk: $370 Max Reward: $315 or 85% by December expiration Profit Range: $32.27+ Max Reward Price: [Read More …]
Open Trades – updates & adjustments
November 22, 2010 By Leave a Comment
Stock / Symbol: [private_monthly]Baidu / BIDU [/private_monthly] Option Strategy: calendar call spread –> adjusting to diagonal call spread Entry date: Oct 26th; Price at trade entry: $113.09 Current Position: Long 1 Jan11 115 Call @ [Read More …]
Closed Trade – EGO covered call
November 22, 2010 By Leave a Comment
Stock / Symbol: Eldorado Gold / EGO Option Strategy: Covered Call Price at time of Trade: $16.95 Price at expiration day: $17.08 Max Risk: $1,632 Realized Return: 3.68% Analysis: With EGO closing over $17 on [Read More …]
