Stock Symbol: [private_monthly]CSTR Option Strategy: bull put spread Trade entry date: Aug 1 Price at trade entry: $47.54 Price at this update: $52.50 Update: We had a GTC sell order to close this CSTR bull [Read More …]
Closing Trade : PAY
August 3, 2012 By Leave a Comment
Stock / Symbol: Verifone Systems / PAY Option Strategy: bull put spread Trade entry date: May 31 Price at trade entry: $35.48 Date / Price at 1st adjustment: Jun 12 / $31.30 Price at this [Read More …]
New Trade : CSTR
August 1, 2012 By Leave a Comment
Stock Symbol: [private_monthly]CSTR[/private_monthly] Option Strategy: bull put spread Price at this post: $47.54 Reasoning: CSTR beat the street’s earnings estimates but investors were obviously looking for better guidance. We think that this was a [private_monthly] [Read More …]
Trade Adjustment : RUT
June 28, 2012 By Leave a Comment
Stock / Symbol: Russell 2000 / RUT Option Strategy: [private_monthly]bear call spread, adjusting to bull put spread[/private_monthly] Trade entry date: Jun 19 Price at trade post: $788.49 Price at this post: $766.50 Current Position:[private_monthly] Short [Read More …]
Closed Trade : RUT
June 15, 2012 By Leave a Comment
Stock / Symbol: Russell 2000 / RUT Option Strategy: bull put spread Trade entry date: Jun 1 Price at trade entry: $738.66 Price at trade close: $762.34 Position Details: Short -1 RUT Jun12 680 put [Read More …]
Trade Adjustment : PAY
June 12, 2012 By Leave a Comment
Stock / Symbol: Verifone Systems / PAY Option Strategy: [private_monthly]bull put spread[/private_monthly] Trade entry date: May 31 Price at trade entry: $35.48 Price at this adjustment: $31.30 Current Position:[private_monthly] Short -4 PAY Jul12 31 puts [Read More …]
New Trade : RUT
June 1, 2012 By Leave a Comment
Stock / Symbol: Russell 2000 / RUT Option Strategy: [private_monthly]bull put spread[/private_monthly] Price at trade post: $740.23 Reasoning: Time to take advantage of the shellacking the market has taken this month. [private_monthly]Putting on a bull [Read More …]
New Trade : PAY
May 31, 2012 By Leave a Comment
Stock / Symbol: Verifone Systems / PAY Option Strategy: [private_monthly]bull put spread[/private_monthly] Price at trade post: $35.48 Reasoning: Looking to take advantage of a nearly 37% drop in PAY’s stock price from it’s recent high. [Read More …]
Closing Trade : SPX
April 25, 2012 By Leave a Comment
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 : SPX
April 10, 2012 By Leave a Comment
Stock / Symbol: S&P 500 INDEX / SPX Price at trade post: $1362.75 Option Strategy: [private_monthly]bull put spread[/private_monthly] Reasoning: We were expecting the SPX to pull back from it’s recent highs but we think that [Read More …]
