New Trade : AAPL

Stock / Symbol: Apple / AAPL Price at trade post: $584.60 Option Strategy: [private_monthly]iron condor[/private_monthly] Reasoning: The probability of success on this iron condor on AAPL is over 80%. If AAPL hits our upside or [Read More …]

Trade Adjustment : MCD

Stock / Symbol: McDonalds / MCD Option Strategy: [private_monthly]calendar spread[/private_monthly] Trade entry date: Apr 25 Price at trade entry: $94.95 Price at this adjustment: $97.85 Current Position: [private_monthly] Long 5 MCD Jun12 95 calls Short [Read More …]

Trade Adjustment : JNJ

Stock / Symbol: Johnson & Johnson / JNJ Option Strategy: [private_monthly] calendar call spread + long calls[/private_monthly] Trade entry date: Mar 19 Price at trade entry: $65.17 Price at this adjustment: $64.85 Current Position:[private_monthly] long [Read More …]

Trade Adjustment : WMT

Stock / Symbol:Walmart / WMT Option Strategy: [private_monthly]calendar call spread[/private_monthly] Trade entry date: Mar 9 Price at trade entry: $60.18 Price at this adjustment: $59.04 Current Position:[private_monthly] Long 5 WMT Jun12 60 Calls Short -5 [Read More …]

Trade Adjustment : X

Stock / Symbol: US Steel / X Option Strategy: [private_monthly]diagonal call spread[/private_monthly] Trade entry date: Mar 26 Price at trade entry: $29.66 Price at this adjustment: $28.32 Current Position: Long 1 X Jan13 22.5 Call [Read More …]

Closing Trade : SPX

Stock / Symbol: S&P 500 INDEX / SPX Option Strategy: [private_monthly]bull put spread[/private_monthly] Trade entry date: Apr 10 Price at trade entry: $1363.50 Price at this post: $1388.90 Reasoning: With the market up, it’s a [Read More …]

New Trade : MCD

Stock / Symbol: McDonalds / MCD Option Strategy: [private_monthly]calendar spread[/private_monthly] Price at trade post: $94.90 Reasoning: Thinking that MCD will continue to trade between the 92 and 98 range, we’re going for a non-directional trade [Read More …]

New Trade : SSO

Stock / Symbol: ProShares Ultra S&P 500 / SSO Price at trade post: $54.97 Option Strategy: [private_monthly]iron condor[/private_monthly] Reasoning: With about equal upside and downside in the S&P 500 at the moment, we’re going with [Read More …]

Trade Adjustment : WMT

Stock / Symbol:Walmart / WMT Option Strategy: [private_monthly]calendar call spread[/private_monthly] Trade entry date: Mar 9 Price at trade entry: $60.18 Price at this adjustment: $62.30 Current Position:[private_monthly] Long 5 WMT Jun12 60 Calls Short -5 [Read More …]

Trade Adjustment : JNJ

Stock / Symbol: Johnson & Johnson / JNJ Option Strategy: [private_monthly]tripple calendar call spread[/private_monthly] Trade entry date: Mar 19 Price at trade entry: $65.17 Price at this adjustment: $63.64 Current Position:[private_monthly] long 4 JNJ Jul12 [Read More …]