Stock / Symbol: Walgreen Co/ WAG Option Strategy: calendar call spread Trade entry date: Jun 7 Price at trade entry: $43.29 Price at this post: $41.70 Current position: Long 3 WAG Oct11 44 Calls Short [Read More …]
Archives for June 2011
New Trades – Hedges
June 27, 2011 By Leave a Comment
Here are some trades we’re putting on today in order to hedge against a market pullback between now and July expiration Stock / Symbol: [private_monthly]ProShares UltraShort S&P500 / SDS [/private_monthly] Price at trade post: $22 [Read More …]
Fill / Trade Report
June 27, 2011 By Leave a Comment
Stock / Symbol: S&P 500 Index / SPX Report: With the S&P closing at 1268.45, the 1235 strike puts we sold easily expired worthless giving us the full 5.26% yield from the one day trade. —- [Read More …]
New Trade – diagonal call spread w/ protective call
June 24, 2011 By Leave a Comment
Stock / Symbol: [private_monthly]Intel / INTC [/private_monthly] Price at trade post: $21.36 Option Strategy: diagonal call spread w/ protective call Reasoning: [private_monthly]INTC[/private_monthly] has found support at its 200 day moving average and we believe tech [Read More …]
New Trade – call spread
June 24, 2011 By Leave a Comment
Stock / Symbol: [private_monthly]Whole Foods Market / WFM [/private_monthly] Price at trade post: $60.13 Option Strategy: call spread Reasoning: [private_monthly]WFM[/private_monthly] is showing signs of life after recently encroaching upon its 200 day moving average @ [Read More …]
Resubmitting Trade
June 24, 2011 By Leave a Comment
Stock / Symbol: [private_monthly]ProShares UltraShort 20+ Year Treasury / TBT [/private_monthly] Trade Details: [private_monthly] Buy 5 TBT JulWk1 30 Puts Sell -5 TBT JulWk1 31 Puts Sell -5 TBT JulWk1 34 Calls Buy 5 TBT [Read More …]
Fill Report
June 23, 2011 By Leave a Comment
Stock / Symbol: [private_monthly]S&P 500 Index / SPX[/private_monthly] Report: We received a 100% fill on our position today. Given current futures prices, we should have no problem expiring our position well out of the money for [Read More …]
Trade Adjustment – calendar call spread
June 23, 2011 By Leave a Comment
Stock / Symbol: [private_monthly]ProShares UltraShort 20+ Year Treasury / TBT [/private_monthly] Option Strategy: calendar call spread Trade entry date: Mar 30 Price at trade entry: $37.89 Price at this post: $32.30 Current Position:[private_monthly] Long 4 [Read More …]
New Trade – bull put spread w/ weekly options
June 23, 2011 By Leave a Comment
Stock / Symbol: [private_monthly]S&P 500 INDEX / SPX Price at trade post: $1266.30[/private_monthly] Option Strategy: bull put spread Reasoning: This trade has a 91% probability of success and reaches full profit potential this Friday. We’re [Read More …]
Trade Adjustment – calendar spread
June 21, 2011 By Leave a Comment
Stock / Symbol: [private_monthly]Las Vegas Sands / LVS [/private_monthly] Option Strategy: calendar call spread + calendar put spread Date trade entered: Nov 4, 2010 Price at trade entry: $50.81 Price at this adjustment: $37.82 Current [Read More …]
