Stock / Symbol: [private_monthly]ProShares UltraShort 20+ Year Treasury / TBT [/private_monthly] Option Strategy: call ratio spread Trade entry date: Oct 13 Price at entry: $20.86 Price at this post: $19.66 Current Position:[private_monthly] Long 3 TBT [Read More …]
Archives for November 2011
New Trade : bull put spread
November 22, 2011 By Leave a Comment
Stock / Symbol: [private_monthly]Microsoft / MSFT[/private_monthly] Price at trade post: $24.71 Option Strategy: bull put spread Reasoning: At a fundamental valuation of $35, we think that [private_monthly]MSFT[/private_monthly] is quite oversold. We’re going with a bull [Read More …]
Closing Trade : CRM butterfly call spread
November 21, 2011 By Leave a Comment
Stock / Symbol: [private_monthly]SalesForce.com / CRM [/private_monthly] Option Strategy: butterfly call spread Trade entry date: Nov 17 Price at trade entry: $125.80 Price at this post: $110.90 Reasoning: While we’d need to let this position [Read More …]
Closing Trade Adjustment : HAL
November 18, 2011 By Leave a Comment
Stock / Symbol: Halliburton / HAL Option Strategy: diagonal call spread Trade entry date: Nov 8 Price at trade entry: $38.26 Price at this post: $35.91 Update: As our closing order has not been filled, [Read More …]
Position Updates
November 18, 2011 By Leave a Comment
Stock / Symbol: Freeport-McMoran / FCX Option Strategy: calendar call spread w/ protective call Update:[private_monthly] The Nov11 40 calls we sold will expire worthless today, giving us an uncalled return of 8%. Next, we’ll look [Read More …]
Closing Trade : KO calendar call spread
November 18, 2011 By 1 Comment
Stock / Symbol: Coca-Cola Company / KO Option Strategy: calendar call spread Trade entry date: Nov 14 Price at trade entry: $67.46 Price at this post: $67.67 Reasoning: This trade on KO couldn’t have worked [Read More …]
Closing Trade Update : HAL
November 18, 2011 By Leave a Comment
Stock / Symbol: Halliburton / HAL Option Strategy: diagonal call spread Trade entry date: Nov 8 Price at trade entry: $38.26 Price at this post: $37.64 (pre-market) Update: Our closing order was not filled yesterday [Read More …]
New Trade : butterfly call spread
November 17, 2011 By Leave a Comment
Stock / Symbol: [private_monthly]SalesForce.com / CRM [/private_monthly] Price at trade post: $125.80 Option Strategy: butterfly call spread Max Risk: $900 Max Reward: $100 or 11% by Nov 25 Profit Range: $0 – $120 & $130 [Read More …]
Closing Trade : HAL diagonal call spread
November 17, 2011 By Leave a Comment
Stock / Symbol: Halliburton / HAL Option Strategy: diagonal call spread Trade entry date: Nov 8 Price at trade entry: $38.26 Price at this post: $38.80 Reasoning: Even though HAL is essentially unchanged since entering [Read More …]
Closing Trade : USO diagonal call spread
November 16, 2011 By Leave a Comment
Stock / Symbol: [private_monthly]United States Oil Fund / USO[/private_monthly] Option Strategy: diagonal call spread Trade entry date: Sep 30 Price at trade entry: $31.24 Price at this post: $39.35 Reasoning: With our short 32 strike [Read More …]
