Stock / Symbol: Caterpillar / CAT Option Strategy: [private_monthly]calendar put spread[/private_monthly] Trade entry date: Feb 29 Price at trade entry: $115.92 Price at this post: $113.85 Current Position : [private_monthly] Long 2 CAT Apr12 110 [Read More …]
Trade Update : WFC
Stock / Symbol: [private_monthly]Wells Fargo / WFC [/private_monthly] Option Strategy: [private_monthly]butterfly put spread[/private_monthly] Trade entry date: Mar 5 Price at trade entry: $30.92 Price at this post: $31.24 Current Position: [private_monthly] Long 7 WFC Mar12 [Read More …]
Order Update : WFC
Stock / Symbol: [private_monthly]Wells Fargo / WFC [/private_monthly] Option Strategy: [private_monthly]butterfly put spread[/private_monthly] Price at trade entry: $30.92 @ 3:40 pm EST Update: Got filled at $0.24. If you cannot get filled at $0.24, just [Read More …]
New Trade : WFC
Stock / Symbol: [private_monthly]Wells Fargo / WFC [/private_monthly] Option Strategy: [private_monthly]butterfly put spread[/private_monthly] Reasoning: While WFC is fundamentally strong, we think that it take a bit of a breather before heading higher. Thinking that WFC [Read More …]
Stock / Symbol: [private_monthly]Priceline.com / PCLN[/private_monthly] Option Strategy: butterfly put spread Price at trade entry: $519.30 Price at this post: $529 Update: With PCLN up over $525, it now looks like we can let this [Read More …]
Closing Trade : butterfly put spread
Stock / Symbol: [private_monthly]Priceline.com / PCLN[/private_monthly] Option Strategy: butterfly put spread Price at trade entry: $519.30 Price at this post: $493.04 Reasoning: With PCLN trading under $500, we’re going to see if we can close [Read More …]
New Trade : butterfly put spread
Stock / Symbol: [private_monthly]Priceline.com / PCLN[/private_monthly] Price at trade post: $518.30 Option Strategy: butterfly put spread Reasoning: We’ve going to take advantage of the volatility surrounding [private_monthly]PCLN’s [/private_monthly] scheduled earnings release this Thursday after market [Read More …]