New Trade : LNKD

Stock / Symbol: Linked In / LNKD Price at trade post: $94.25 Option Strategy: [private_monthly]put spread[/private_monthly] Reasoning: With a PEG ratio of 2.16, [private_monthly]LNKD is clearly overvalued and likely due for a pullback if we [Read More …]

Closing Adjustment : CRM put spread

Stock / Symbol: [private_monthly]SalesForce.com / CRM [/private_monthly] Trade entry date: Sep 22 Price at trade entry: $115.55 Price at this post: $131.71 Option Strategy: put spread Adjustment: We’re adjusting our GTC order from $0.90 down [Read More …]

Closing Order Adjustment: CRM put spread

Stock / Symbol: [private_monthly]SalesForce.com / CRM [/private_monthly] Trade entry date: Sep 22 Price at trade entry: $115.55 Price at this post: $130.50 Option Strategy: put spread Adjustment: We’re adjusting our GTC order from $1.15 down [Read More …]

Order Adjustment: CRM put spread

Stock / Symbol: [private_monthly]SalesForce.com / CRM [/private_monthly] Trade entry date: Sep 22 Price at trade entry: $115.55 Price at this post: $128.40 Option Strategy: put spread Adjustment: We’re adjusting our GTC order from $1.20 down [Read More …]

Closing Trade : CRM put spread

Stock / Symbol: [private_monthly]SalesForce.com / CRM [/private_monthly] Trade entry date: Sep 22 Price at trade entry: $115.55 Price at this post: $128.80 Option Strategy: put spread [private_monthly] Max Risk: $645 Max Reward: $850 or 135% [Read More …]

Closing Trade : PCLN put spread

Stock / Symbol: [private_monthly]Priceline.com / PCLN[/private_monthly] Trade entry date: Sep 30 Price at trade entry: $460.31 Option Strategy: put spread Reasoning: Although PCLN traded well below our price target of $440 (down to $411.26 on [Read More …]

Order Update

Stock / Symbol: [private_monthly]Priceline.com / PCLN[/private_monthly] Price at this update: $461 Option Strategy: put spread Update: got filled at $8.00 per contract. We suggest upping your bid to at least $7.85 if you haven’t been [Read More …]

New Trade : put spread

Stock / Symbol: [private_monthly]Priceline.com / PCLN[/private_monthly] Price at trade post: $470 Option Strategy: put spread Reasoning: With [private_monthly]PCLN [/private_monthly] breaking through a major support level, we’re going to open up another put spread on it. [Read More …]

Fill Report

Stock / Symbol: [private_monthly]SalesForce.com / CRM [/private_monthly] Price at trade entry: $115.55 Option Strategy: put spread Update: We were filled at $2.25 per contract Position Details: [private_monthly] Long 3 CRM Nov11 115 Puts Short -3 [Read More …]

New Trade : put spread

Stock / Symbol: [private_monthly]SalesForce.com / CRM [/private_monthly] Price at trade post: $116 Option Strategy: put spread Max Risk: $645 Max Reward: $850 or 135% by Nov 2011 exp Profit Range: $0 – $113 by Nov [Read More …]