Stock / Symbol: General Electric / GE Price at trade opening: $16.58 Option Strategy: combo (short put / long call) Max Risk: $1,575 Max Reward: unlimited Profit Range: $16.76+ Reasoning: This trade has performed nicely [Read More …]
New Trade – bull put spread
December 16, 2010 By Leave a Comment
Stock / Symbol: [private_monthly]Aixtron / AIXG [/private_monthly] Price at trade post: $34.30 Option Strategy: bull put spread Max Risk: $520 Max Reward: $80 or 15.38% by Jan 2011 expiration Profit Range: $30.60 + Max Reward [Read More …]
New Trade – butterfly call spread
December 16, 2010 By Leave a Comment
Stock / Symbol: [private_monthly]Research in Motion / RIMM [/private_monthly] Price at trade post: $59.60 Option Strategy: butterfly call spread Max Risk: $418 Max Reward: $100 or 25% by Dec 17th Profit Range: $0 – $58 [Read More …]
New Trade – bull put spread
December 15, 2010 By Leave a Comment
Stock / Symbol: [private_monthly]Netflix/ NFLX[/private_monthly] Option Strategy: bull put spread Price at trade post: $178.15 Max Profit: $300 Max Risk: $700 Max Return: 42.86% Profit Range: $163.50 + Max Profit at: $165 + Reasoning: We’re [Read More …]
Closing Trade – WSM call spread
December 14, 2010 By Leave a Comment
Stock / Symbol: Williams-Sonoma / WSM Option Strategy: call spread Price at trade opening on Nov 24th: $33.67 Price at trade closing: $35.01 Reasoning: We’re up nicely on this trade and don’t want to risk [Read More …]
Closed Trade – GT call spread
December 14, 2010 By Leave a Comment
Stock / Symbol: GoodYear Tire / GT Option Strategy: call spread Price at Trade open on Sep 2nd: $10.05 Price at Trade close: $11.65 Trade: BTC -5 GT Jan11 11 Calls @ $1.04 STC 5 [Read More …]
Closing Trade – SSO ratio put spread
December 14, 2010 By Leave a Comment
Stock / Symbol: ProShares Ultra S&P500 ETF / SSO Option Strategy: ratio put spread Price at trade open on Oct 26th: $41.93 Price at trade close: $46.98 Reasoning: This no cost market hedge has served [Read More …]
Closing Trade – T Put Spread
December 14, 2010 By Leave a Comment
Stock / Symbol: ATT / T Option Strategy: Put Spread Price at Trade open on Sep 7th: $27.44 Price at Trade close: $29.14 Reasoning: We’ve finally come to terms with the fact that ATT is [Read More …]
Closing Trade – BBY calendar spread
December 14, 2010 By Leave a Comment
Stock / Symbol: Best Buy / BBY Price at trade opening on Nov 5th: $45.18 Price at trade adjustment on Dec 7th: $41.93 Reasoning: Best Buy got crushed today by a bad earnings report. While [Read More …]
Trade Adjustment – calendar call spread
December 9, 2010 By Leave a Comment
Stock / Symbol: [private_monthly]Zions Bancorp / ZION [/private_monthly] Option Strategy: calendar spread Entry date: Oct 6th; Price at trade entry: $21.94 Price at Nov 24 adjustment: $19.47 Price at this adjustment: $22.79 Adjustment: Our worries [Read More …]
