Don’t let the headlines dictate your decision-making. Last week, the S&P Case-Shiller home price index report for February came out, indicating that U.S. home prices stumbled again, hitting new lows among its 10 and 20 [Read More …]
Archives for April 2012
Trade Adjustment : JNJ
April 27, 2012 By Leave a Comment
Stock / Symbol: Johnson & Johnson / JNJ Option Strategy: [private_monthly] calendar call spread + long calls[/private_monthly] Trade entry date: Mar 19 Price at trade entry: $65.17 Price at this adjustment: $64.85 Current Position:[private_monthly] long [Read More …]
Trade Adjustment : WMT
April 27, 2012 By Leave a Comment
Stock / Symbol:Walmart / WMT Option Strategy: [private_monthly]calendar call spread[/private_monthly] Trade entry date: Mar 9 Price at trade entry: $60.18 Price at this adjustment: $59.04 Current Position:[private_monthly] Long 5 WMT Jun12 60 Calls Short -5 [Read More …]
Trade Adjustment : X
April 27, 2012 By Leave a Comment
Stock / Symbol: US Steel / X Option Strategy: [private_monthly]diagonal call spread[/private_monthly] Trade entry date: Mar 26 Price at trade entry: $29.66 Price at this adjustment: $28.32 Current Position: Long 1 X Jan13 22.5 Call [Read More …]
Closing Trade : SPX
April 25, 2012 By Leave a Comment
Stock / Symbol: S&P 500 INDEX / SPX Option Strategy: [private_monthly]bull put spread[/private_monthly] Trade entry date: Apr 10 Price at trade entry: $1363.50 Price at this post: $1388.90 Reasoning: With the market up, it’s a [Read More …]
New Trade : MCD
April 25, 2012 By Leave a Comment
Stock / Symbol: McDonalds / MCD Option Strategy: [private_monthly]calendar spread[/private_monthly] Price at trade post: $94.90 Reasoning: Thinking that MCD will continue to trade between the 92 and 98 range, we’re going for a non-directional trade [Read More …]
New Trade : SSO
April 23, 2012 By Leave a Comment
Stock / Symbol: ProShares Ultra S&P 500 / SSO Price at trade post: $54.97 Option Strategy: [private_monthly]iron condor[/private_monthly] Reasoning: With about equal upside and downside in the S&P 500 at the moment, we’re going with [Read More …]
Trade Adjustment : WMT
April 20, 2012 By Leave a Comment
Stock / Symbol:Walmart / WMT Option Strategy: [private_monthly]calendar call spread[/private_monthly] Trade entry date: Mar 9 Price at trade entry: $60.18 Price at this adjustment: $62.30 Current Position:[private_monthly] Long 5 WMT Jun12 60 Calls Short -5 [Read More …]
Trade Adjustment : JNJ
April 20, 2012 By Leave a Comment
Stock / Symbol: Johnson & Johnson / JNJ Option Strategy: [private_monthly]tripple calendar call spread[/private_monthly] Trade entry date: Mar 19 Price at trade entry: $65.17 Price at this adjustment: $63.64 Current Position:[private_monthly] long 4 JNJ Jul12 [Read More …]
Closing Trade : HSY
April 20, 2012 By Leave a Comment
Stock / Symbol: The Hershey Co. / HSY Option Strategy: broken wing butterfly call spread Trade entry date: Mar 29 Price at trade entry: $61.13 Price at this post: $63.25 Reasoning: We were expecting HSY [Read More …]
