New Trade : GOOG

Stock / Symbol: Google / GOOG Price at trade post: $636 Option Strategy: iron condor Reasoning: With earnings due out this evening, we’ve found [private_monthly]an iron condor trade that, if filled at or over $5.10 [Read More …]

Trade Adjustment : K

Stock / Symbol: Kellog / K Option Strategy: [private_monthly]diagonal call spread[/private_monthly] Trade entry date: Jan 6 Price at trade entry: $50.39 Price at this post: $51.34 Current Position : [private_monthly] Long 3 K Jun12 47.5 [Read More …]

Closing Trade : FCX

Stock / Symbol: Freeport-McMoran / FCX Option Strategy: calendar call spread w/ protective call Trade entry date: Apr 19, 2011 Price at entry point: $51.68 Price at this post: $43.20 Current Position: Long 2 FCX [Read More …]

Trade Adjustment : CHK

Stock / Symbol: Chesapeake Energy / CHK Strategy: [private_monthly]bull put spread[/private_monthly] Trade entry date: Nov 4 Price at trade entry: $27.02 Price at this adjustment: $21.20 Current Position: [private_monthly] Short -3 Jan12 22.5 Puts Long [Read More …]

Closing Trade : JNJ broken wing butterfly

Stock / Symbol: [private_monthly]Johnson & Johnson / JNJ[/private_monthly] Option Strategy: broken wing butterfly Trade entry date: Dec 30 Price at trade entry: $65.54 Price at this post: $65.22 Reasoning: Since our entry, the stock has [Read More …]

New Trade : IWM

Stock / Symbol: iShares Russell 2000 Index Fund / IWM Price at trade post: $75.87 Option Strategy: [private_monthly]bull put spread[/private_monthly] Reasoning: [private_monthly]We’re going to see if we can take advantage of a pullback in this [Read More …]

Order Correction : KO

Trade Details : [private_monthly] BTO 8 KO May12 67.5 Calls STO -7 KO Feb12 67.50 Calls for a net debit of $9.48 per contract (GTC, limit order) [/private_monthly] Requirements Cost/Proceeds: $948 Option Requirement: $0 Total [Read More …]

New Trade : KO

Stock / Symbol: Coca Cola / KO Price at trade post: $67.85 Option Strategy: [private_monthly]call ratio calendar spread[/private_monthly] Reasoning:[private_monthly] Since last April, KO has traded in a tight range, between a 63 and 71. We’re [Read More …]

Trade Adjustment : K

Stock / Symbol: Kellog / K Option Strategy: [private_monthly]diagonal call spread[/private_monthly] Trade entry date: Jan 6 Price at trade entry: $50.39 Price at this post: $51.55 Current Position : [private_monthly] Long 3 K Jun12 47.5 [Read More …]

Trade Adjustment : MSFT

Stock / Symbol: Microsoft / MSFT Option Strategy: [private_monthly]calendar call spread[/private_monthly] Trade entry date: Dec 23 Price at trade entry: $25.97 Price at this post: $28 Current Position:[private_monthly] Long 15 MSFT Mar12 26 Calls Short [Read More …]