Trade Closed – LULU put spread

Stock / Symbol: LuLuLemon Athlettica / LULU Option Strategy: put spread Trade entry date: Jun 2 Price at trade entry: $87.75 Trade exit date: Jun 7 Price at trade close: $82.58 Update: trade closed at [Read More …]

Position Updates

Updates for positions with legs expiring today + a few others: [private_monthly] Stock / Symbol: Apache / APA Option Strategy: calendar call spread Entry date: Jan 14th Price at trade entry: $124.57 1st adjustment date: [Read More …]

New Trade – iron condor

Stock / Symbol: [private_monthly]S&P 500 INDEX / SPX Price at trade post: $1337.93[/private_monthly] Option Strategy: iron condor Reasoning: This trade has a 94% probability of success and reaches full profit potential this Friday. We may [Read More …]

Closing Trade – WMT calendar spread

Stock / Symbol: Wal-Mart / WMT Option Strategy: calendar call spread Trade entry date: Apr 6 Price at trade entry: $53.03 Price at this post: $55.54 Reasoning: With WMT closing in on $55, our optimal [Read More …]

Trade Update – calendar call spread

Stock / Symbol: [private_monthly]Wal-Mart / WMT [/private_monthly] Option Strategy: calendar call spread Trade entry date: Apr 6 Price at trade entry: $53.03 Price at this post: $55.90 Reasoning: This stock has performed beautifully and our [Read More …]

Closed Trade – iron condor on SPX w/ weekly options

Stock / Symbol: S&P 500 INDEX / SPX Trade entered on: May 11 Price at trade entry: $1339.47 Trade exited on: May 13 Price at trade exit: $1337.77 Option Strategy: iron condor Analysis: This trade [Read More …]

New Trade – put spread

Stock / Symbol: [private_monthly]Google / GOOG Price at trade post: $535[/private_monthly] Option Strategy: put spread Reasoning: We think that [private_monthly]GOOG[/private_monthly] is shaky here and can easily pull back to its recent lows. In addition to [Read More …]

Trade Adjustment – diagonal call spread

Stock / Symbol: [private_monthly]Apache / APA [/private_monthly] Option Strategy: diagonal call spread Entry date: Jan 14th Price at time of trade entry: $124.57 Price at this adjustment: $126 Current Position:[private_monthly] Long 1 APA Jul 125 [Read More …]

Trade Adjustment – diagonal call spread

Stock / Symbol: [private_monthly]Broadcom / BRCM [/private_monthly] Option Strategy: diagonal call spread Trade entry date: Feb 24 Price at trade entry: $40.56 Price at this adjustment: $35.50 Adjustment: [private_monthly]BRCM[/private_monthly] is down on it’s earnings announcement [Read More …]

Additional Position Updates

Updates for positions with legs expiring today: Stock / Symbol: CROCS / CROX Option Strategy: call spread risk reversal Entry date: Mar 2nd Adjustment date: Apr 5th (closed call spread) Price at trade entry: $17.31 [Read More …]