Stock / Symbol: [private_monthly]Freeport-McMoran / FCX [/private_monthly] Price at trade entry: $51.68 Price at this adjustment: $49.77 Trade entry date: Apr 19 Option Strategy: call ratio back spread to diagonal call spread Adjustment: This trade [Read More …]
New Trade – call ratio backspread
Stock / Symbol: [private_monthly]Corning / GLW[/private_monthly] Price at trade post: $20.33 Option Strategy: call ratio backspread Max Risk: $324 Max Reward: unlimited Max Loss at: $21 by Jun expiration Profit Range: $22.08 + Reasoning: Strong [Read More …]
New Trade – call ratio backspread
Stock / Symbol: [private_monthly]Freeport-McMoran / FCX [/private_monthly] Price at trade post: $51.35 Option Strategy: call ratio back spread Max Risk: $896 @ $55 (at Jun expiration) Max Reward: unlimited Profit Range: $0 – $50 & [Read More …]
Closing Trade – call ratio backspread
Stock / Symbol: JP Morgan / JPM Price at trade entry: $44.84 Price at this trade post: $45.55 Option Strategy: call back spread Reasoning: With JPM looking like it might just settle in between our [Read More …]
Closing Trade – CMG call ratio backspread
Stock / Symbol: Chipotle Mexican Grill / CMG Price at trade entry: $255.74 Option Strategy: call ratio back spread Reasoning: While we did get a nice pop on CMG, it wasn’t quite enough. We’re closing [Read More …]
Trade Entry Adjustment
Stock / Symbol: [private_monthly]Chipotle Mexican Grill / CMG[/private_monthly] Price at original trade post: $253.35 Price at trade entry adjustment: $255.65 Option Strategy: call ratio back spread Adjustment: Haven’t gotten filled on our original setup so [Read More …]
New Trade – call ratio backspread
Stock / Symbol: [private_monthly]Chipotle Mexican Grill / CMG[/private_monthly] Price at trade post: $253.35 Option Strategy: call back spread Max Risk: $1,950 (at Mar expiration) Max Reward: unlimited Profit Range: $0 – $250 & $290 + [Read More …]