Stock / Symbol: [private_monthly]Walmart / WMT [/private_monthly] Price at trade post: $54.67 Option Strategy: calendar call spread Max Risk: $588 Max Reward: $413 or 70% by Jun 2011 expiration Profit Range: $53.43 – $56.82 Max [Read More …]
Archives for 2011
Trade Update – diagonal call spread
May 25, 2011 By Leave a Comment
Stock / Symbol: [private_monthly]Freeport-McMoran / FCX [/private_monthly] Option Strategy: diagonal call spread Update: we’re raising our price per contract on the new diagonal spread [/private_monthly] BTO 1 FCX Nov11 50 Call STO -1 FCX Jul11 [Read More …]
Trade Adjustment – call ratio back spread to diagonal call spread
May 25, 2011 By Leave a Comment
Stock / Symbol: [private_monthly]Freeport-McMoran / FCX [/private_monthly] Price at trade entry: $51.68 Price at this adjustment: $49.77 Trade entry date: Apr 19 Option Strategy: call ratio back spread to diagonal call spread Adjustment: This trade [Read More …]
Closing Trade – V diagonal call spread
May 20, 2011 By Leave a Comment
Stock / Symbol: Visa / V Option Strategy: diagonal call spread Entry date: Apr 21st Price at trade entry: $77.63 Price at time of this post: $78.80 Update: Today, we’ll close out the call spread for [Read More …]
Closing Trade – PEP calendar spread
May 20, 2011 By Leave a Comment
Stock / Symbol: Pepsi / PEP Option Strategy: calendar call spread Entry date: Mar 11th Price at trade entry: $64.62 Price as of this post: $71.40 Update: With the May calls we sold well in [Read More …]
Closing Order Adjustment – WMT calendar spread
May 20, 2011 By Leave a Comment
Stock / Symbol: Wal-Mart / WMT Option Strategy: calendar call spread Trade entry date: Apr 6 Price at trade entry: $53.03 Price at this post: $55.54 Reasoning: Looks like we’ll need to modify our closing [Read More …]
Position Updates
May 20, 2011 By Leave a Comment
Updates for positions with legs expiring today + a few others: [private_monthly] Stock / Symbol: Apache / APA Option Strategy: calendar call spread Entry date: Jan 14th Price at trade entry: $124.57 1st adjustment date: [Read More …]
New Trade – diagonal call spread
May 19, 2011 By Leave a Comment
Stock / Symbol: [private_monthly]Peabody Energy / BTU[/private_monthly] Price at trade post: $60.64 Option Strategy: diagonal call spread Trade Note: submitting trade after hours for expected fill at opening of trading Thursday morning. As ususal, use [Read More …]
New Trade – iron condor
May 18, 2011 By Leave a Comment
Stock / Symbol: [private_monthly]S&P 500 INDEX / SPX Price at trade post: $1337.93[/private_monthly] Option Strategy: iron condor Reasoning: This trade has a 94% probability of success and reaches full profit potential this Friday. We may [Read More …]
Closing Trade – WMT calendar spread
May 17, 2011 By Leave a Comment
Stock / Symbol: Wal-Mart / WMT Option Strategy: calendar call spread Trade entry date: Apr 6 Price at trade entry: $53.03 Price at this post: $55.54 Reasoning: With WMT closing in on $55, our optimal [Read More …]
