Stock / Symbol: E M C Corp / EMC Option Strategy: vertical call spread Trade entry date: May 25 Price at trade entry: $24.28 Price at this post: $25 Reasoning: We’re currently up about 25% [Read More …]
New Trade : EMC
Stock / Symbol: E M C Corp / EMC Price at trade post: $24.36 Option Strategy: [private_monthly]vertical call spread[/private_monthly] Reasoning: EMC, which offers enterprise storage systems and software and also owns an 80% stake in [Read More …]
Closing Trade : JDSU
Stock / Symbol: JDS Uniphase Corp / JDSU Option Strategy: [private_monthly]vertical call spread[/private_monthly] Trade entry date: Mar 26 Price at trade post: $13.99 Price at this post: $13.70 Reasoning: We did get a $15 price [Read More …]
Trade Adjustment : TBT
Stock / Symbol: [private_monthly]ProShares UltraShort 20+ Year Treasury / TBT [/private_monthly] Option Strategy: [private_monthly]call ratio spread, switching to vertical call spread[/private_monthly] Trade entry date: Oct 13 Price at entry: $20.86 Price at this post: $18.98 [Read More …]
Trade Adjustment : diagonal call spread
Stock / Symbol: [private_monthly]Pan American Silver / PAAS [/private_monthly] Option Strategy: diagonal call spread Trade entry date: March 18th Price at trade entry: $34.81 Price at this adjustment: $32.87 Current Position:[private_monthly] Long 2 PAAS Oct11 [Read More …]
Closing Trade : WFM call spread
Stock / Symbol: Whole Foods Market / WFM Option Strategy: call spread Trade entry date: Jun 24 Price at trade entry: $60.07 Price at this post: $65.87 Max Risk: $1075 Max Reward: $175 or 16% [Read More …]
New Trades – Hedges
Here are some trades we’re putting on today in order to hedge against a market pullback between now and July expiration Stock / Symbol: [private_monthly]ProShares UltraShort S&P500 / SDS [/private_monthly] Price at trade post: $22 [Read More …]
New Trade – call spread
Stock / Symbol: [private_monthly]Whole Foods Market / WFM [/private_monthly] Price at trade post: $60.13 Option Strategy: call spread Reasoning: [private_monthly]WFM[/private_monthly] is showing signs of life after recently encroaching upon its 200 day moving average @ [Read More …]
Closing Trade – FSLR call spread
Stock / Symbol: First Solar / FSLR Option Strategy: call spread Price at trade entry: $145.89 Reasoning: We’re closing the trade here now as the position has already reached 89% of it’s full profit potential. [Read More …]
New Trade – call spread
Stock / Symbol: [private_monthly]First Solar / FSLR[/private_monthly] Price at trade post: $145.90 Option Strategy: call spread Max Risk: $825 Max Reward: $175 or 21% by Apr 2011 expiration Profit Range: $133.25 + Max Profit at: [Read More …]