Stock / Symbol: MolyCorp / MCP Option Strategy at trade entry: [private_monthly]combo (short put/long call), AKA synthetic long stock[/private_monthly] Current Strategy: [private_monthly]naked put[/private_monthly] Trade entry date: Feb 23 Price at trade entry: $28.66 Price at [Read More …]
Archives for March 2012
New Trade : HSY
March 29, 2012 By Leave a Comment
Stock / Symbol: The Hershey Co. / HSY Option Strategy: [private_monthly]broken wing butterfly call spread[/private_monthly] Price at trade post: $61.15 Reasoning: We’re always looking for those “Steady Eddie” stocks that work very well for [private_monthly]butterfly [Read More …]
ETFs, ETNs & TVIX
March 26, 2012 By Leave a Comment
In this edition of The OptionWiz Weekly, we are going to provide valuable information about ETFs and ETNs. This report was written, based on our need to further explore these products following last week’s move [Read More …]
New Trade : JDSU
March 26, 2012 By Leave a Comment
Stock / Symbol: JDS Uniphase Corp / JDSU Option Strategy: [private_monthly]vertical call spread[/private_monthly] Price at trade post: $13.88 Reasoning: JDSU looks like it’s ready to [private_monthly] jump up over $15 within a matter of weeks. [Read More …]
New Trade : X
March 26, 2012 By Leave a Comment
Stock / Symbol: US Steel / X Option Strategy: [private_monthly]diagonal call spread[/private_monthly] Price at trade post: $29.74 Reasoning: With decent fundamentals and a good looking chart, we’re going with a [private_monthly]diagonal call spread here on [Read More …]
New Trade : JNJ
March 19, 2012 By Leave a Comment
Stock / Symbol: Johnson & Johnson / JNJ Option Strategy: [private_monthly]calendar call spread[/private_monthly] Price at trade post: $65.20 Reasoning: Going back to our old faithful, Johnson & Johnson. [private_monthly]JNJ continues to trade right around 65, [Read More …]
New Trade : FCX
March 19, 2012 By Leave a Comment
Stock / Symbol: Freeport McMoran / FCX Option Strategy: [private_monthly]calendar call spread[/private_monthly] Price at trade post: $39.80 Reasoning: With FCX looking like it has technically [private_monthly]put in a bottom, we’re going with a 42 strike [Read More …]
Options Workshop : Butterfly Options Strategy
March 18, 2012 By Leave a Comment
A butterfly strategy is designed to benefit from an equity staying in a specific price range. This is also referred to as a non-directional option strategy. A butterfly can be applied through the use of call [Read More …]
Closing Trade : CAT
March 16, 2012 By Leave a Comment
Stock / Symbol: Caterpillar / CAT Option Strategy: [private_monthly]calendar put spread[/private_monthly] Trade entry date: Feb 29 Price at trade entry: $115.92 Price at this post: $113.85 Current Position : [private_monthly] Long 2 CAT Apr12 110 [Read More …]
Closing Trade : SPX
March 15, 2012 By Leave a Comment
Stock / Symbol: S&P 500 INDEX / SPX Option Strategy: [private_monthly]bear call spread[/private_monthly] Trade entry date: Feb 15 Price at trade entry: $1355.07 Price at this post: $1402.58 Reasoning: Our stop was triggered today, so [Read More …]
