Stock / Symbol: Microsoft / MSFT Option Strategy: double calendar Price at trade entry: $24.64 Price at this post: $25.28 Reasoning: This trade on MSFT was a quick weekly trade intended to yield around 5%. [Read More …]
Closing Trade : calendar call spread w/ protective calls
Stock / Symbol: American Express / AXP Option Strategy: calendar call spread w/ protective call Trade entry date: Aug 15th Price at trade entry: $45.87 Price at this post: $48.38 Current Position: Long 2 AXP [Read More …]
New Trade : calendar call spread
Stock / Symbol: [private_monthly]ProShares UltraShort 20+ Year Treasury / TBT [/private_monthly] Current Strategy: long calls Trade entry date: Mar 30 Price at trade entry: $37.89 Price at this post: $25.36 Current Position:[private_monthly] Long 4 TBT [Read More …]
New Trade – double calendar call spread
Stock / Symbol: [private_monthly]Microsoft / MSFT[/private_monthly] Option Strategy: double calendar Price at trade post: $24.68 Reasoning: [private_monthly]MSFT[/private_monthly] is a great stock to sell options against because it doesn’t move all that much. We’re going with [Read More …]
Closing Trade : calendar call spread
Stock / Symbol: Johnson & Johnson / JNJ Option Strategy: calendar call spread w/ protective call Trade Entry date: Aug 10 Price at trade post: $61.28 Price at this post: 63.69 Reasoning: Re-running the risk [Read More …]
Order Update
Stock / Symbol: [private_monthly]American Express / AXP [/private_monthly] Open Trade Order: [private_monthly] STO 2 AXP AugWk4 (exp 8/26) 45 Calls for a credit of $0.88 per contract [/private_monthly] New Trade Details: [private_monthly] BTO 2 AXP [Read More …]
Trade Adjustment / New Trade : calendar call spread w/ protective call
Stock / Symbol: [private_monthly]American Express / AXP [/private_monthly] Option Strategy: calendar call spread w/ protective call Trade entry date: Aug 15th Price at trade entry: $45.87 Price at this post: $45 Current Position: [private_monthly] Long [Read More …]
New Trade : calendar call spread w/ protective call
Stock / Symbol: [private_monthly]American Express / AXP [/private_monthly] Price at trade post: $45.87 Option Strategy: calendar call spread w/ protective call Reasoning: [private_monthly]AXP[/private_monthly] is fundamentally sound and has recently moved off of it’s lows. We [Read More …]
New Trade : calendar call spread + protective call
Stock / Symbol: [private_monthly]Johnson & Johnson / JNJ [/private_monthly] Price at trade post: $61.62 Option Strategy: calendar call spread w/ protective call Reasoning: [private_monthly]JNJ[/private_monthly] does not historically have drastic moves, and has weathered a series [Read More …]
Trade Adjustment : calendar call spread
Stock / Symbol: [private_monthly]Walt Disney Co / DIS[/private_monthly] [private_monthly] Option Strategy: calendar call spread Trade entry date: Jun 7 Price at trade entry: $39.82 Price at this post: $31.93 Adjustment: We’re going to roll our [Read More …]