Stock / Symbol: [private_monthly]Walgreen Co/ WAG[/private_monthly] Price at trade post: $43.20 Option Strategy: calendar call spread Reasoning: [private_monthly]WAG[/private_monthly] is fundamentally strong and has found nice support at its 50 day average. We’re looking for this [Read More …]
New Trade – diagonal call spread
Stock / Symbol: [private_monthly]Walt Disney Co / DIS[/private_monthly] Price at trade post: $39.65 Option Strategy: diagonal call spread Reasoning: [private_monthly]DIS[/private_monthly] has very strong fundamentals and is currently trading in the low end of it’s trading [Read More …]
Trade Closed – LULU put spread
Stock / Symbol: LuLuLemon Athlettica / LULU Option Strategy: put spread Trade entry date: Jun 2 Price at trade entry: $87.75 Trade exit date: Jun 7 Price at trade close: $82.58 Update: trade closed at [Read More …]
Closing Trade – LULU put spread
Stock / Symbol: LuLuLemon Athlettica / LULU Option Strategy: put spread Price at trade entry: $87.75 Price at this post: $82.95 Reasoning: This put play has performed nicely but we do want to get out [Read More …]
New Trade – put spread
Stock / Symbol: [private_monthly]Amex SPDR Energy Select Index / XLE[/private_monthly] Price at trade post: $75.49 Option Strategy: put spread Reasoning: We’re going to hedge our long energy positions with a put spread on [private_monthly]XLE[/private_monthly] Max [Read More …]
Closing Trade – LMT put spread
Stock / Symbol: Lockheed Martin / LMT Option Strategy: put spread Price at trade entry: $79.53 Price at this post: $75.89 Reasoning: We had a great call on LMT and with it trading near it’s [Read More …]
Order Adjustment
Stock / Symbol: [private_monthly] Pan American Silver / PAAS [/private_monthly] Price at trade post: $32.50 Current Option Strategy: diagonal call spread Adjustment Strategy: put spread Adjustment: We go filled at $0.85 per contract. If you [Read More …]
Trade Adjustment
Stock / Symbol: [private_monthly] Pan American Silver / PAAS [/private_monthly] Price at trade post: $32.50 Current Option Strategy: diagonal call spread Adjustment Strategy: put spread Reasoning: It looks like silver wants to pull back here, [Read More …]
New Trade – put spread
Stock / Symbol: [private_monthly]LuLuLemon Athlettica / LULU[/private_monthly] Price at trade post: $86.93 Option Strategy: put spread Reasoning: The company has been one of the hottest retail stocks in the market. Over the past week, there [Read More …]
New Trade – calendar call spread
Stock / Symbol: [private_monthly]Walmart / WMT [/private_monthly] Price at trade post: $54.67 Option Strategy: calendar call spread Max Risk: $588 Max Reward: $413 or 70% by Jun 2011 expiration Profit Range: $53.43 – $56.82 Max [Read More …]