Stock / Symbol: [private_monthly]iPath S&) 500 VIX Short-Term Futures / VXX[/private_monthly] Price at trade post: $30.52 Option Strategy: diagonal call spread Max Risk: $600 Max Reward: $326 or 54% by Apr 2011 expiration Profit Range: [Read More …]
Archives for 2011
Closing Trade – bear call spread
March 21, 2011 By Leave a Comment
Stock / Symbol: Exelon / EXC Option Strategy: bear call spread Date of trade open: March 14th Price at trade entry: $42.70 Price at trade exit: $40.31 Max Risk: $450 Max Reward: $150 or 33% [Read More …]
Trade Adjustment – calendar to diagonal call spread
March 21, 2011 By Leave a Comment
Stock / Symbol: [private_monthly]Apache / APA [/private_monthly] Original Option Strategy: diagonal call spread, later modified to calendar call spread Entry date: Jan 14th Price at time of trade entry: $124.57 Price at this adjustment: $123 [Read More …]
Trade Update
March 18, 2011 By Leave a Comment
Stock / Symbol: [private_monthly]Pan American Silver / PAAS [/private_monthly] Price at trade entry: $34.81 Option Strategy: diagonal call spread Update: got filled at $4.60 per contract
New Trade – diagonal call spread
March 18, 2011 By Leave a Comment
Stock / Symbol: [private_monthly]Pan American Silver / PAAS [/private_monthly] Price at trade post: $34.75 Option Strategy: diagonal call spread Reasoning: We’d like some exposure to the precious metals market and feel this stock is a [Read More …]
Position Updates
March 18, 2011 By Leave a Comment
Updates for positions with legs expiring today: Stock / Symbol: United States Oil Fund / USO Option Strategy: diagonal call spread Entry date: Jan 7th Exit date: Mar 16th Price at trade entry: $37.59 Price [Read More …]
Trade Updates
March 15, 2011 By Leave a Comment
Stock / Symbol: United States Oil Fund / USO Option Strategy: diagonal call spread Date trade entered: Jan 7th Price at trade entry: $37.57 Current Profit / Loss: $423 or 59% Max Reward: $603 with [Read More …]
Trade Update – bear call spread
March 14, 2011 By Leave a Comment
Stock / Symbol: [private_monthly]Exelon / EXC[/private_monthly] Option Strategy: bear call spread Price at Trade entry: $42.70 Update: [private_monthly] Got filled at $0.25 per contract Sell -6 EXC Apr11 44 Calls Buy 6 EXC Apr11 45 [Read More …]
New Trade – bear call spread
March 14, 2011 By Leave a Comment
Stock / Symbol: [private_monthly]Exelon / EXC[/private_monthly] Price at trade post: $42.40 Option Strategy: bear call spread Max Risk: $480 Max Reward: $120 or 25% by Apr 2011 expiration Profit Range: $0 – $44.20 Max Profit [Read More …]
New Trade – call spread
March 14, 2011 By Leave a Comment
Stock / Symbol: [private_monthly]First Solar / FSLR[/private_monthly] Price at trade post: $145.90 Option Strategy: call spread Max Risk: $825 Max Reward: $175 or 21% by Apr 2011 expiration Profit Range: $133.25 + Max Profit at: [Read More …]
