On the Ford call spread we closed today, we miscalculated the return. The correct return (before commissions) was 51.52% as we entered the position at a debit of $1.32 per contract and sold at a [Read More …]

Stock / Symbol: Whole Foods Market / WFMI Date trade entered: Dec 22, 2010 Price at trade post: $50.99 Option Strategy: call spread Reasoning: BMO and Morgan Stanley issued a downgrade on WFMI today, which [Read More …]

As of December 31st, 2010, our closed trades have generated a cash-on-cash return of 12.30%.  Also, with 29 of 38 trades being winners, our winning percentage is 76% Start Date: 08/09/10 End Date: 12/31/10 SPX [Read More …]

It has come to our attention that some of you may not have received an email notice for trades / posts we made between December 22 – 27. Here is a summary of our posts: [Read More …]

Stock / Symbol: [private_monthly]Visa / V [/private_monthly] Price at trade post: $67.91 Option Strategy: bull put spread Max Risk: $764 Max Reward: $236 or 30% by Jan 2011 expiration Profit Range: $64.41 + Max Reward [Read More …]

Stock / Symbol: Verifone / PAY Option Strategy: diagonal call spread We need to close out this trade today as the 37 strike call will close in the money. Closing Details: STC 1 PAY Apr11 [Read More …]

Stock / Symbol: Research in Motion / RIMM Price at trade post: $59.60 Option Strategy: butterfly call spread Max Risk: $418 Max Reward: $100 or 25% by Dec 17th Profit Range: $0 – $58 & [Read More …]

Stock / Symbol: General Electric / GE Price at trade opening: $16.58 Option Strategy: combo (short put / long call) Max Risk: $1,575 Max Reward: unlimited Profit Range: $16.76+ Reasoning: This trade has performed nicely [Read More …]

Stock / Symbol: [private_monthly]Aixtron / AIXG [/private_monthly] Price at trade post: $34.30 Option Strategy: bull put spread Max Risk: $520 Max Reward: $80 or 15.38% by Jan 2011 expiration Profit Range: $30.60 + Max Reward [Read More …]