Stock / Symbol: Verifone Systems / PAY Option Strategy: calendar call spread Price at trade post: $41.81 Price at trade close: $49.29 Max Risk: $442 Realized Reward: $103 or 23% (before commissions) Reasoning: On a [Read More …]
Archives for March 2011
Sell order entered on PAY calendar call spread
March 4, 2011 By Leave a Comment
We’re entering a sell limit order on our PAY position for a net credit of $5.45. This is a day order. If we don’t get filled, we’ll reassess the trade on Monday. Trade Details: STC [Read More …]
Trade Adjustment – diagonal call spread
March 3, 2011 By Leave a Comment
Stock / Symbol: [private_monthly]Altria Group / MO [/private_monthly] Option Strategy: diagonal call spread Date of trade entry: Feb 1 Price at trade entry: $23.61 Price at this adjustment: $25.40 Adjustment: The stock is doing great [Read More …]
New Trade – call spread risk reversal
March 2, 2011 By Leave a Comment
Stock / Symbol: [private_monthly]Crocs / CROX [/private_monthly] Price at trade post: $17.40 Option Strategy: call spread risk reversal Reasoning: [private_monthly]CROX[/private_monthly] recently reported very good earnings numbers and the chart shows a solid up trend. Normally, [Read More …]
