Stock / Symbol: Verifone Systems / PAY Option Strategy: [private_monthly]bull put spread[/private_monthly] Trade entry date: May 31 Price at trade entry: $35.48 Price at this adjustment: $31.30 Current Position:[private_monthly] Short -4 PAY Jul12 31 puts [Read More …]
Archives for June 2012
New Trade : LNKD
June 11, 2012 By 2 Comments
Stock / Symbol: Linked In / LNKD Price at trade post: $94.25 Option Strategy: [private_monthly]put spread[/private_monthly] Reasoning: With a PEG ratio of 2.16, [private_monthly]LNKD is clearly overvalued and likely due for a pullback if we [Read More …]
Closing Trade : AAPL
June 6, 2012 By Leave a Comment
Stock / Symbol: Apple / AAPL Option Strategy: [private_monthly]iron condor[/private_monthly] Trade entry date: May 16 Price at trade entry: $548.47 Price at this post: $569.25 Reasoning: We’re up about 11% on the trade in just [Read More …]
New Trade : SPX
June 4, 2012 By Leave a Comment
Stock / Symbol: S&P 500 Index / SPX Price at trade post: $1274.90 Option Strategy: [private_monthly]iron condor[/private_monthly] Reasoning: This [private_monthly]iron condor on SPX gives us a pretty wide profit range and about a 72% probability [Read More …]
New Trade : RUT
June 1, 2012 By Leave a Comment
Stock / Symbol: Russell 2000 / RUT Option Strategy: [private_monthly]bull put spread[/private_monthly] Price at trade post: $740.23 Reasoning: Time to take advantage of the shellacking the market has taken this month. [private_monthly]Putting on a bull [Read More …]
