Stock / Symbol: [private_monthly]ProShares UltraShort 20+ Year Treasury / TBT [/private_monthly] Price at trade post: $37.89 Option Strategy: calendar call spread Max Risk: $596 Max Reward: $389 or 65% by May 2011 expiration Profit Range: [Read More …]
Archives for March 2011
Closing Trade – FSLR call spread
March 29, 2011 By Leave a Comment
Stock / Symbol: First Solar / FSLR Option Strategy: call spread Price at trade entry: $145.89 Reasoning: We’re closing the trade here now as the position has already reached 89% of it’s full profit potential. [Read More …]
Closing Order – RUT iron condor
March 25, 2011 By Leave a Comment
Stock / Symbol: Russell 2000 / RUT Option Strategy: iron condor Price at trade entry: $780.48 Trade entered on: March 15th Reasoning: At only 11 days into it, this trade has moved very nicely in [Read More …]
Closing Trade – remaining leg of diagonal call spread
March 24, 2011 By Leave a Comment
Stock / Symbol: Altria / MO Option Strategy: diagonal call spread adjustment Date of trade open: March 3rd Price at trade entry: $25.40 Price at trade exit: $25.95 Max Risk: $48 Max Reward: unlimited Realized [Read More …]
Trade Update
March 24, 2011 By Leave a Comment
Stock / Symbol: [private_monthly]iPath S&) 500 VIX Short-Term Futures / VXX[/private_monthly] Price at trade post: $30.52 Option Strategy: diagonal call spread Update: got filled at $6.12 per contract
New Trade – diagonal call spread / market hedge
March 24, 2011 By 1 Comment
Stock / Symbol: [private_monthly]iPath S&) 500 VIX Short-Term Futures / VXX[/private_monthly] Price at trade post: $30.52 Option Strategy: diagonal call spread Max Risk: $600 Max Reward: $326 or 54% by Apr 2011 expiration Profit Range: [Read More …]
Closing Trade – bear call spread
March 21, 2011 By Leave a Comment
Stock / Symbol: Exelon / EXC Option Strategy: bear call spread Date of trade open: March 14th Price at trade entry: $42.70 Price at trade exit: $40.31 Max Risk: $450 Max Reward: $150 or 33% [Read More …]
Trade Adjustment – calendar to diagonal call spread
March 21, 2011 By Leave a Comment
Stock / Symbol: [private_monthly]Apache / APA [/private_monthly] Original Option Strategy: diagonal call spread, later modified to calendar call spread Entry date: Jan 14th Price at time of trade entry: $124.57 Price at this adjustment: $123 [Read More …]
Trade Update
March 18, 2011 By Leave a Comment
Stock / Symbol: [private_monthly]Pan American Silver / PAAS [/private_monthly] Price at trade entry: $34.81 Option Strategy: diagonal call spread Update: got filled at $4.60 per contract
New Trade – diagonal call spread
March 18, 2011 By Leave a Comment
Stock / Symbol: [private_monthly]Pan American Silver / PAAS [/private_monthly] Price at trade post: $34.75 Option Strategy: diagonal call spread Reasoning: We’d like some exposure to the precious metals market and feel this stock is a [Read More …]
