New Trade – diagonal call spread

Stock / Symbol: [private_monthly]American Express / AXP[/private_monthly] Price at trade post: $43.87 Option Strategy: diagonal call spread Max Risk: $764 Max Reward: $351 or 46% by Feb 2011 expiration Profit Range: $43.35 + Max Reward [Read More …]

Closing Trade – WFMI call spread

Stock / Symbol: Whole Foods Market / WFMI Date trade entered: Dec 22, 2010 Price at trade post: $50.99 Option Strategy: call spread Reasoning: BMO and Morgan Stanley issued a downgrade on WFMI today, which [Read More …]

Closing Trade – F call spread

Stock / Symbol: Ford Motor Co. / F Option Strategy: call spread Date of trade entry: Nov 26, 2010 Price at trade post: $16.10 We’re closing out our position in Ford for a nice 51% [Read More …]

Report Card – as of December 31, 2010

As of December 31st, 2010, our closed trades have generated a cash-on-cash return of 12.30%.  Also, with 29 of 38 trades being winners, our winning percentage is 76% Start Date: 08/09/10 End Date: 12/31/10 SPX [Read More …]

New Trade – diagonal call spread

Stock / Symbol: [private_monthly]Agruim / AGU[/private_monthly] Price at trade post: $91.86 Option Strategy: diagonal call spread Max Risk: $760 Max Reward: $392 or 51.58% by Feb 2011 expiration Profit Range: $89.82 + Max Reward Price: [Read More …]

New Trade – RUT iron condor

Stock / Symbol: ]Russell 2000 / RUT Price at trade post: $792.25 Option Strategy: iron condor Max Risk: $892 Max Reward: $108 or 12% by Jan 2011 expiration Profit Range: $705 – $835 Max Reward [Read More …]

New Trade – put spread

Stock / Symbol: [private_monthly]Tesla / TSLA[/private_monthly] Price at trade post: $26.85 Option Strategy: put spread Max Risk: $640 Max Reward: $560 or 87.50% by Feb 2011 expiration Profit Range: $0 – $26.40 Max Reward Price: [Read More …]

Trades from Dec 22nd – 27th

It has come to our attention that some of you may not have received an email notice for trades / posts we made between December 22 – 27. Here is a summary of our posts: [Read More …]

Closing Trade – V bull put spread

Stock / Symbol: Visa / V Price at trade post: $67.91 Trade opened: Dec 17th Option Strategy: bull put spread Max Risk: $764 Max Reward: $236 or 30% by Jan 2011 expiration Profit Range: $64.41 [Read More …]

Trade Analysis – WAG bull put spread

Stock / Symbol: Walgreen / WAG Option Strategy: bull put spread Trade entered on: Nov 30th Price at trade post: 34.73 Realized Profit: $92 Max Risk: $308 Realized Return: 29% (before commissions) Profit Range: $33.77 [Read More …]