Stock / Symbol: [private_monthly]Crocs / CROX [/private_monthly] Option Strategy: call spread risk reversal Date of trade entry: Mar 2 Price at trade entry: $17.31 Reasoning: Just in case [private_monthly]CROX[/private_monthly] is peaking here, we’re closing the [Read More …]
New Trade – diagonal call spread
April 1, 2011 By Leave a Comment
Stock / Symbol: [private_monthly]Fifth Third Bancorp / FITB[/private_monthly] Price at trade post: $14.04 Option Strategy: diagonal call spread Max Risk: $744 Max Reward: $260 or 35% by May 2011 expiration Profit Range: $14.13 + Max [Read More …]
Trade Adjustment – iron condor
April 1, 2011 By Leave a Comment
Stock / Symbol: Russell 2000 / RUT Option Strategy: iron condor Price at trade entry: $780.48 Trade entered on: March 15th Reasoning: Although we think it’s unlikely that RUT will close over 890 by April [Read More …]
New Trade – bull put spread
April 1, 2011 By 1 Comment
Stock / Symbol: [private_monthly]JDS Uniphase / JDSU [/private_monthly] Price at trade post: $19.40 Option Strategy: bull put spread Reasoning: The telecom equipment group is under significant pressure this morning, with [private_monthly]JDSU[/private_monthly] taking it on the [Read More …]
New Trade – calendar call spread
March 30, 2011 By Leave a Comment
Stock / Symbol: [private_monthly]ProShares UltraShort 20+ Year Treasury / TBT [/private_monthly] Price at trade post: $37.89 Option Strategy: calendar call spread Max Risk: $596 Max Reward: $389 or 65% by May 2011 expiration Profit Range: [Read More …]
Closing Trade – FSLR call spread
March 29, 2011 By Leave a Comment
Stock / Symbol: First Solar / FSLR Option Strategy: call spread Price at trade entry: $145.89 Reasoning: We’re closing the trade here now as the position has already reached 89% of it’s full profit potential. [Read More …]
Closing Order – RUT iron condor
March 25, 2011 By Leave a Comment
Stock / Symbol: Russell 2000 / RUT Option Strategy: iron condor Price at trade entry: $780.48 Trade entered on: March 15th Reasoning: At only 11 days into it, this trade has moved very nicely in [Read More …]
Closing Trade – remaining leg of diagonal call spread
March 24, 2011 By Leave a Comment
Stock / Symbol: Altria / MO Option Strategy: diagonal call spread adjustment Date of trade open: March 3rd Price at trade entry: $25.40 Price at trade exit: $25.95 Max Risk: $48 Max Reward: unlimited Realized [Read More …]
Trade Update
March 24, 2011 By Leave a Comment
Stock / Symbol: [private_monthly]iPath S&) 500 VIX Short-Term Futures / VXX[/private_monthly] Price at trade post: $30.52 Option Strategy: diagonal call spread Update: got filled at $6.12 per contract
New Trade – diagonal call spread / market hedge
March 24, 2011 By 1 Comment
Stock / Symbol: [private_monthly]iPath S&) 500 VIX Short-Term Futures / VXX[/private_monthly] Price at trade post: $30.52 Option Strategy: diagonal call spread Max Risk: $600 Max Reward: $326 or 54% by Apr 2011 expiration Profit Range: [Read More …]
