Stock / Symbol: [private_monthly]Zions Bancorp / ZION [/private_monthly] Option Strategy: diagonal call spread –> calendar spread Entry date: Oct 6th; Price at trade entry: $21.94 Adjustment: we’re getting worried about this stock near term so [Read More …]
New Trade – diagonal call spread
November 23, 2010 By Leave a Comment
Stock / Symbol: [private_monthly] Williams-Sonoma / WSM [/private_monthly] Price at trade opening: $32.70 Option Strategy: diagonal call spread Max Risk: $370 Max Reward: $315 or 85% by December expiration Profit Range: $32.27+ Max Reward Price: [Read More …]
Open Trades – updates & adjustments
November 22, 2010 By Leave a Comment
Stock / Symbol: [private_monthly]Baidu / BIDU [/private_monthly] Option Strategy: calendar call spread –> adjusting to diagonal call spread Entry date: Oct 26th; Price at trade entry: $113.09 Current Position: Long 1 Jan11 115 Call @ [Read More …]
Closed Trade – EGO covered call
November 22, 2010 By Leave a Comment
Stock / Symbol: Eldorado Gold / EGO Option Strategy: Covered Call Price at time of Trade: $16.95 Price at expiration day: $17.08 Max Risk: $1,632 Realized Return: 3.68% Analysis: With EGO closing over $17 on [Read More …]
Closing Trade – CRM call back spread
November 19, 2010 By Leave a Comment
Stock / Symbol: [private_monthly]Salesforce.Com / CRM[/private_monthly] Price at trade opening: $110.07 Price at closing: $130 Option Strategy: call back spread Trade Details: BTC (Buy To Close) -1 CRM Jan11 110 Call STC (Sell To Close) [Read More …]
Closing Trade – CSTR diagonal call spread
November 18, 2010 By Leave a Comment
Stock Symbol: CSTR Action: BTC -1 CSTR NOV10 50 CALL STC 1 CSTR APR11 45 CALL for a net credit of $7.00 Option Strategy: diagonal call spread Stock Price at Trade Entry: $47.21 Max Risk: [Read More …]
Closing Trade – BG bull put spread
November 18, 2010 By Leave a Comment
Stock Symbol: BG Option Strategy: bull put spread Update: We’re going to take advantage of today’s big market up move and close our our BG trade here buy buying back the postion between $0.15 to [Read More …]
New Trade – call back spread
November 16, 2010 By Leave a Comment
Stock / Symbol: [private_monthly]Salesforce.Com / CRM[/private_monthly] Price at trade opening: $110.07 Option Strategy: call back spread Max Risk: $1,380 (at Jan expiration) Max Reward: unlimited Profit Range: $0 – $110 + $141.35 (at Jan expiration) [Read More …]
Trade Update – ANF butterfly call spread
November 16, 2010 By Leave a Comment
Stock / Symbol: [private_monthly]Abercrombie & Fitch / ANF[/private_monthly] Option Strategy: butterfly call spread Update: Our limit order at a $0.40 net credit was not filled yesterday. No Trade. Non-members, click here for access
New Trade – butterfly call spread
November 15, 2010 By Leave a Comment
Stock / Symbol: [private_monthly]Abercrombie & Fitch / ANF[/private_monthly] Price at trade opening: $45.14 Option Strategy: butterfly call spread Max Risk: $460 Max Reward: $40 Profit Range: $0 – 44.08 & 45.92 + Max Profit at: [Read More …]
