Stock / Symbol: Russell 2000 / RUT Option Strategy: iron condor Price at trade entry: $798.50 Current Position:[private_monthly] short -1 RUT Aug12 855 call long 1 RUT Aug12 865 call long 1 RUT Aug12 690 [Read More …]
Archives for 2012
New Trade : RUT
Stock / Symbol: Russell 2000 / RUT Option Strategy: iron condor Price at trade post: $792 Reasoning: With just 30 days till August expiration, time for another iron condor on RUT. The short put we’re [Read More …]
Trade Adjustment : MCD
Stock / Symbol: McDonalds / MCD Option Strategy: [private_monthly]calendar spread[/private_monthly] Price at trade post: $87.60 Price at this adjustment: $92.20 Current Position: [private_monthly] Long 3 MCD Jan13 87.5 calls Short -3 MCD Aug12 87.5 calls [Read More …]
Trade Adjustment : CSCO
Stock / Symbol: [private_monthly]Cisco Systems / CSCO[/private_monthly] Option Strategy: calendar call spread Price at trade entry: $16.70 Price at this adjustment: $16.00 Current Position:[private_monthly] Short -8 CSCO Aug12 17 calls Long 8 CSCO Oct12 17 [Read More …]
New Trade : SPX
Stock / Symbol: S&P 500 Index / SPX Price at trade post: $1342.70 Option Strategy: iron condor Reasoning: This iron condor on SPX gives us a pretty wide profit range (between [private_monthly]1230 and 1435). The [Read More …]
Closing Trade : SPX
Stock / Symbol: S&P 500 Index / SPX Option Strategy: iron condor Trade entry date: Jun 4 Price at trade entry: $1275 Price at this post: $1350 Current Position: Short -1 SPX Ju112 1410 call [Read More …]
Trade Update : CSCO
Forgot to put in the strike prices. Here’s the trade: Trade Details:[private_monthly] STO -8 CSCO Aug12 17 calls BTO 8 CSCO Oct12 17 calls for a max net debit of $0.30 per contract (day order, [Read More …]
New Trade : CSCO
Stock / Symbol: [private_monthly]Cisco Systems / CSCO[/private_monthly] Option Strategy: calendar call spread Price at trade post: $16.70 Reasoning: The standard deviation calculation for CSCO on August expiration puts the expected range between [private_monthly] 14.85 and [Read More …]
Closing Trade : RUT
Stock / Symbol: Russell 2000 / RUT Option Strategy: bear call spread Trade entry date: Jun 19 Price at trade post: $788.49 Price at this post: $790 Current Position:[private_monthly] Short -1 RUT Jul12 840 call [Read More …]
New Trade : MCD
Stock / Symbol: McDonalds / MCD Option Strategy: [private_monthly]calendar spread[/private_monthly] Price at trade post: $87.60 Reasoning: Statistically, between now and Aug expiration, MCD should trade between [private_monthly]84 and 92. Given these odds, we’re going for [Read More …]