Stock / Symbol: [private_monthly]Salesforce.Com / CRM[/private_monthly] Price at trade opening: $110.07 Price at closing: $130 Option Strategy: call back spread Trade Details: BTC (Buy To Close) -1 CRM Jan11 110 Call STC (Sell To Close) [Read More …]
Archives for 2010
Closing Trade – CSTR diagonal call spread
Stock Symbol: CSTR Action: BTC -1 CSTR NOV10 50 CALL STC 1 CSTR APR11 45 CALL for a net credit of $7.00 Option Strategy: diagonal call spread Stock Price at Trade Entry: $47.21 Max Risk: [Read More …]
Closing Trade – BG bull put spread
Stock Symbol: BG Option Strategy: bull put spread Update: We’re going to take advantage of today’s big market up move and close our our BG trade here buy buying back the postion between $0.15 to [Read More …]
New Trade – call back spread
Stock / Symbol: [private_monthly]Salesforce.Com / CRM[/private_monthly] Price at trade opening: $110.07 Option Strategy: call back spread Max Risk: $1,380 (at Jan expiration) Max Reward: unlimited Profit Range: $0 – $110 + $141.35 (at Jan expiration) [Read More …]
Trade Update – ANF butterfly call spread
Stock / Symbol: [private_monthly]Abercrombie & Fitch / ANF[/private_monthly] Option Strategy: butterfly call spread Update: Our limit order at a $0.40 net credit was not filled yesterday. No Trade. Non-members, click here for access
New Trade – butterfly call spread
Stock / Symbol: [private_monthly]Abercrombie & Fitch / ANF[/private_monthly] Price at trade opening: $45.14 Option Strategy: butterfly call spread Max Risk: $460 Max Reward: $40 Profit Range: $0 – 44.08 & 45.92 + Max Profit at: [Read More …]
Trade Update – bull put spread
Stock Symbol: BG Option Strategy: bull put spread Date Entered: Oct 12th Price at Trade Open: $60.82 Current Gain / Loss: +22.73% Max Profit: $340 Max Return: 51.52% Max Risk: $660 Profit Range: $58.30 + [Read More …]
Trade Adjustment – calendar spread
Stock / Symbol: [private_monthly]Baidu / BIDU[/private_monthly] Price at trade entry: $113.09 Price at trade adjustment: $114.80 Option Strategy: calendar call spread Max Risk: $520 Max Reward: $318 (at Nov expiration) Max Called Return: 61% Uncalled [Read More …]
New Trade – call back spread
New Trade – diagonal call spread
Stock / Symbol: [private_monthly]Best Buy / BBY[/private_monthly] Price at trade opening: $45.18 Option Strategy: diagonal call spread Max Risk: $778 Max Reward: $687 or 88% by December expiration Profit Range: $44.57 + Max Reward Price: [Read More …]