Stock / Symbol: [private_monthly]Cheniere Energy / LNG [/private_monthly] Price at trade post: $9.61 Option Strategy: covered strangle Reasoning: We’ve been looking for a play on Natural Gas and believe we’ve found a good one in [Read More …]
Archives for 2011
Closing Order Adjustment : BTU calendar spread
July 15, 2011 By Leave a Comment
Stock / Symbol: Peabody Energy / BTU Option Strategy: calendar call spread Adjustment: looks like we’re not going to get filled at our desired price of $3.40 per contract. We’re lowering our ask to $3.26 [Read More …]
Order Adjustment
July 15, 2011 By Leave a Comment
Stock / Symbol: [private_monthly]Walt Disney Co / DIS[/private_monthly] Option Strategy: calendar call spread Adjust the roll order as follows: [private_monthly] BTC -2 DIS Jul11 40 Calls STO -2 DIS Augl11 40 Calls for a net [Read More …]
Correction
July 15, 2011 By Leave a Comment
Stock / Symbol: [private_monthly]Walt Disney Co / DIS[/private_monthly] Option Strategy: Calendar Call spread Correction: For those of you entering this trade now, the trade should be entered as follows [private_monthly] BTO 2 DIS Jan12 40 [Read More …]
Today’s 2nd Trade Adjustment / Trade Entry Opp : Calendar Call Spread
July 15, 2011 By Leave a Comment
Stock / Symbol: [private_monthly]Walt Disney Co / DIS[/private_monthly] Option Strategy: calendar call spread Trade entry date: Jun 7 Price at trade entry: $39.82 Price at this post: $39.23 Adjustment: We’re going to roll the short [Read More …]
Closing Trade : Calendar Call spread
July 15, 2011 By Leave a Comment
Stock / Symbol: Peabody Energy / BTU Option Strategy: calendar call spread Trade entry date: May 19 Price at trade entry: $59.54 Reasoning: With earnings approaching next Tuesday, we’re going to take a shot at [Read More …]
Trade Adjustment / Closing Trade : Diagonal Call Spread
July 15, 2011 By Leave a Comment
Stock / Symbol: [private_monthly]Freeport-McMoran / FCX [/private_monthly] Price at original trade entry: $51.68 Price at May 25 adjustment / new entry point: $49.77 Price at this post: $55.25 Original Trade entry date: Apr 19 Option [Read More …]
Closing Trade – YUM butterfly call spread
July 13, 2011 By Leave a Comment
Stock / Symbol: [private_monthly]Yum Brands / YUM [/private_monthly] Price at trade entry: $55. Option Strategy: butterfly call spread Reasoning: We were assigned on the short 50 call so we’re going to close the trade out [Read More …]
New Trade – butterfly call spread
July 12, 2011 By Leave a Comment
Stock / Symbol: [private_monthly]Yum Brands / YUM [/private_monthly] Price at trade post: $55.50 Option Strategy: butterfly call spread Reasoning: With earnings due out tomorrow afternoon, we are anticipating that [private_monthly]YUM [/private_monthly] will have at least [Read More …]
New Trade – Put Spread
July 11, 2011 By Leave a Comment
Stock / Symbol: [private_monthly]Disney / DIS [/private_monthly] Price at trade post: $39.20 Option Strategy: put spread Reasoning: While we do have a long position in this stock, we technically do not see this stock rising [Read More …]
