Stock / Symbol: Peabody Energy Corp / BTU Option Strategy: iron condor Trade entry date: May 18 Price at trade entry: $23.98 Price at this update: $23.80 Current Position: Long 7 BTU Jun12 20 puts [Read More …]
Closing Trade : AAPL
June 6, 2012 By Leave a Comment
Stock / Symbol: Apple / AAPL Option Strategy: [private_monthly]iron condor[/private_monthly] Trade entry date: May 16 Price at trade entry: $548.47 Price at this post: $569.25 Reasoning: We’re up about 11% on the trade in just [Read More …]
New Trade : SPX
June 4, 2012 By Leave a Comment
Stock / Symbol: S&P 500 Index / SPX Price at trade post: $1274.90 Option Strategy: [private_monthly]iron condor[/private_monthly] Reasoning: This [private_monthly]iron condor on SPX gives us a pretty wide profit range and about a 72% probability [Read More …]
Closed Trade Analysis : SSO
May 21, 2012 By Leave a Comment
Stock / Symbol: ProShares Ultra S&P 500 / SSO Option Strategy: [private_monthly]iron condor[/private_monthly] Trade entry date: Apr 23 Trade exit date: May 19 Price at trade entry: $54.96 Price at trade exit: $49.32 Position Details: [Read More …]
Closing Trade : WPRT
May 17, 2012 By Leave a Comment
Stock / Symbol: Westport Innovations Inc. / WPRT Option Strategy: [private_monthly]iron condor[/private_monthly] Trade entry date: May 8 Price at trade entry: $28.09 Price at this post: $24 Reasoning: WPRT hit the trade’s downside breakeven point [Read More …]
New Trade : BTU
May 16, 2012 By Leave a Comment
Stock / Symbol: Peabody Energy Corp / BTU Price at trade post: $25.10 Option Strategy: [private_monthly]iron condor[/private_monthly] Reasoning: Following Patriot Coal’s announcement of lower sales volume due to a default by a key customer, pretty [Read More …]
New Trade : AAPL
May 16, 2012 By Leave a Comment
Stock / Symbol: Apple / AAPL Price at trade post: $552 Option Strategy: [private_monthly]iron condor[/private_monthly] Reasoning: Post earnings, we’re expecting AAPL to settle down for a while. [private_monthly]This iron condor trade bets that AAPL doesn’t [Read More …]
Order Adjustment : AAPL
May 14, 2012 By Leave a Comment
Stock / Symbol: Apple / AAPL Option Strategy: [private_monthly]iron condor[/private_monthly] trade entry date: May 2 Price at trade entry: $584.60 Price at this post: $561 Update: Upping limit order to $0.49 debit in hopes to [Read More …]
Closing Order Adjustment : AAPL
May 14, 2012 By Leave a Comment
Stock / Symbol: Apple / AAPL Option Strategy: [private_monthly]iron condor[/private_monthly] trade entry date: May 2 Price at trade entry: $584.60 Price at this post: $563.80 Update: Didn’t get filled at $0.30 debit on Friday. Upping [Read More …]
Closing Trade : AAPL
May 11, 2012 By Leave a Comment
Stock / Symbol: Apple / AAPL Option Strategy: [private_monthly]iron condor[/private_monthly] trade entry date: May 2 Price at trade entry: $584.60 Price at this post: $568.82 Reasoning: With the trade up nearly 25%, we’re going to [Read More …]
