Closing Trade – CSTR diagonal call spread

Stock Symbol: CSTR Action: BTC -1 CSTR NOV10 50 CALL STC 1 CSTR APR11 45 CALL for a net credit of $7.00 Option Strategy: diagonal call spread Stock Price at Trade Entry: $47.21 Max Risk: [Read More …]

New Trade – diagonal call spread

Stock / Symbol: [private_monthly]Best Buy / BBY[/private_monthly] Price at trade opening: $45.18 Option Strategy: diagonal call spread Max Risk: $778 Max Reward: $687 or 88% by December expiration Profit Range: $44.57 + Max Reward Price: [Read More …]

New Trade – diagonal call spread

Stock / Symbol: [private_monthly]Verifone / PAY[/private_monthly] Price at trade opening: $34.77 Option Strategy: diagonal call spread Max Risk: $465 Max Reward: $147 (at Nov expiration) Profit Range: $34.74 – 42.88 (at Nov expiration) Max Profit [Read More …]

New Trade – diagonal call spread

Stock Symbol: [private_monthly]CSTR[/private_monthly] Option Strategy: diagonal call spread Max Risk: $580 Max Reward: $361 (at Nov expiration) Profit Range: $44.32 + (at Nov expiration) Max Profit at: $50 Reasoning:Expect that [private_monthly]Coinstar – CSTR[/private_monthly] will move [Read More …]

Trade Update

Stock Symbol: [private_monthly]CSTR[/private_monthly] Price at Trade Initiation: $41.50 Option Strategy: diagonal call spread Reasoning: [private_monthly]Coinstar – CSTR[/private_monthly] has performed nicely for us. However, today’s big move up has changed things. If [private_monthly]CSTR[/private_monthly] looked to close [Read More …]

New Trade – Diagonal Call Spread

Stock Symbol: [private_monthly]ZION[/private_monthly] Option Strategy: diagonal call spread Max Risk: $706 Called Return: 51% ($363) Uncalled Return: 27% Profit Range: $19.17 + Reasoning: [private_monthly]Zions Bancorporation – ZION[/private_monthly] has very strong fundamentals and has found solid [Read More …]

New Trade – diagonal call spread

Stock Symbol: [private_monthly]DIS[/private_monthly] Option Strategy: diagonal call spread Max Risk: $1164 Called Return: 20% ($233) Uncalled Return: 9% Profit Range: $33.42 – $43.13 Reasoning: [private_monthly]Disney – DIS[/private_monthly] has very strong fundamentals and is currently trading [Read More …]