The Rule of 72 Under the Rule of 72, if you take the interest rate earned on an investment and divide it into “72”, you get the approximate number of years needed to double the [Read More …]
Archives for January 2012
New Trade : GMCR
January 31, 2012 By Leave a Comment
Stock / Symbol: Green Mountain Coffee Roasters / GMCR Price at trade post: $53.75 Option Strategy: [private_monthly]straddle[/private_monthly] Reasoning:[private_monthly] While a Straddle is a low probability trade, we agree with the Street that GMCR can move [Read More …]
New Trade : NBR
January 30, 2012 By Leave a Comment
Stock / Symbol: Nabors Industries / NBR Price at trade post: $18.60 Option Strategy: [private_monthly]covered call[/private_monthly] Reasoning:[private_monthly] With solid fundamentals and with NBR trading near the low end of it’s trading range, we feel that [Read More …]
Closing Order Adjustment : NFLX
January 27, 2012 By Leave a Comment
Stock / Symbol: Neflix / NFLX Option Strategy: [private_monthly]iron condor[/private_monthly] Trade entry date: Jan 25 Price at trade entry : $94.95 Adjustment: [private_monthly]We didn’t get our expected intra-day pull back. With NFLX over $120, our [Read More …]
Closing Trade : NFLX
January 27, 2012 By Leave a Comment
Stock / Symbol: Neflix / NFLX Option Strategy: [private_monthly]iron condor[/private_monthly] Trade entry date: Jan 25 Price at trade entry : $94.95 Reasoning: A good earnings report coupled with a large short position have caused NFFX [Read More …]
Trade Adjustment : MSFT
January 26, 2012 By Leave a Comment
Stock / Symbol: Microsoft / MSFT Option Strategy: [private_monthly]calendar call spread[/private_monthly] Trade entry date: Dec 23 Price at trade entry: $25.97 Price at this post: $29.65 Current Position:[private_monthly] Long 10 MSFT Mar12 29 Calls Short [Read More …]
New Trade : NFLX
January 25, 2012 By Leave a Comment
Stock / Symbol: Neflix / NFLX Price at trade post: $95.00 Option Strategy: [private_monthly]iron condor[/private_monthly] Reasoning: With earnings due out this evening, we’re putting on [private_monthly]an iron condor trade that bets NFLX will not move [Read More …]
Closing Trade : AAPL
January 25, 2012 By Leave a Comment
Stock / Symbol: Apple / AAPL Option Strategy: iron condor Trade entry date: Jan 24 Price at trade entry: $423.17 Reasoning: With AAPL trading near the lows of the day, we’re going to close the [Read More …]
Trade Update : AAPL
January 25, 2012 By Leave a Comment
Stock / Symbol: Apple / AAPL Option Strategy: iron condor Trade entry date: Jan 24 Price at trade entry: $423.17 Update: We got the pop we expected from AAPL. As long as AAPL stays above [Read More …]
New Trade : AAPL
January 24, 2012 By Leave a Comment
Stock / Symbol: Apple / AAPL Price at trade post: $423.22 Option Strategy: [private_monthly]iron condor[/private_monthly] Reasoning: With earnings due out this evening, we’re putting on [private_monthly]an iron condor trade that bets AAPL will finish either [Read More …]
