Stock / Symbol: Kellog / K Option Strategy: [private_monthly] diagonal call spread[/private_monthly] Adjustment:[private_monthly] We didn’t get filled yesterday at $3.10, so we’re upping our bid to $3.15. [/private_monthly] Order Adjustment : [private_monthly] BTO 3 K [Read More …]
New Trade : K
Stock / Symbol: Kellog / K Price at trade post: $50.51 Option Strategy: [private_monthly]diagonal call spread[/private_monthly] Reasoning:[private_monthly] Over the past 2 years, K has traded between a low of 47.28 and a high of $57.7, [Read More …]
New Trade : JNJ
Stock / Symbol: [private_monthly]Johnson & Johnson / JNJ[/private_monthly] Price at trade post: $65.60 Option Strategy: broken wing butterfly Reasoning:[private_monthly] We’re going back to JNJ, which does not historically have drastic moves, making it an ideal [Read More …]
New Trade : MSFT
Stock / Symbol: Microsoft / MSFT Price at trade post: $25.97 Option Strategy: [private_monthly]calendar call spread[/private_monthly] Reasoning: MSFT continues to be a solid performer for [private_monthly]diagonal and calendar spreads because it doesn’t move all that [Read More …]
Closing Trade : DECK
Stock / Symbol: Deckers / DECK Option Strategy: [private_monthly]bull put spread[/private_monthly] Trade entry date: Dec 20 Price at trade entry: $90.86 Price at this post: $83.98 Reasoning: This trade has gone against us, and fast. [Read More …]
New Trade : GRPN
Stock / Symbol: Groupon / GRPN Price at trade post: $22.52 Option Strategy: [private_monthly]bear call spread[/private_monthly] Reasoning: [private_monthly]We are taking advantage of today’s 2.8% move in the S&P 500 to place a bearish bet on [Read More …]
New Trade : DECK
Stock / Symbol: Deckers / DECK Price at trade post: $91 Option Strategy: [private_monthly]bull put spread[/private_monthly] Reasoning: [private_monthly]Despite a recent analyst downgrade, DECK still boasts strong fundamentals and looks to have technically found support at [Read More …]
Completed Trade : FAS bull put spread
Stock / Symbol: Direxion Daily Financial Bull 3x / FAS Option Strategy: bull put spread Trade entry date: Dec 13 Trade exit date: Dec 16 Price at trade entry: $59.81 Price at trade exit: $58.98 [Read More …]
Completed Trade : MSFT bull put spread
Stock / Symbol: [private_monthly]Microsoft / MSFT[/private_monthly] Option Strategy: bull put spread Trade entry date: Nov 22 Price at trade entry: $24.75 Price at trade exit: $26.00 Analysis: Thinking that MSFT was quite oversold, we entered [Read More …]
Closing Trade : INTC butterfly
Stock / Symbol: [private_monthly]Intel / INTC [/private_monthly] Option Strategy: butterfly call spread Price at trade entry: $23.71 Price at this post: $23.58 Reasoning: INTC didn’t move up to $24 as we anticipated. As our long [Read More …]