New Trade : butterfly call spread

Stock / Symbol: [private_monthly]SalesForce.com / CRM [/private_monthly] Price at trade post: $125.80 Option Strategy: butterfly call spread Max Risk: $900 Max Reward: $100 or 11% by Nov 25 Profit Range: $0 – $120 & $130 [Read More …]

Closing Trade : HAL diagonal call spread

Stock / Symbol: Halliburton / HAL Option Strategy: diagonal call spread Trade entry date: Nov 8 Price at trade entry: $38.26 Price at this post: $38.80 Reasoning: Even though HAL is essentially unchanged since entering [Read More …]

Closing Trade : USO diagonal call spread

Stock / Symbol: [private_monthly]United States Oil Fund / USO[/private_monthly] Option Strategy: diagonal call spread Trade entry date: Sep 30 Price at trade entry: $31.24 Price at this post: $39.35 Reasoning: With our short 32 strike [Read More …]

New Trade : calendar call spread

Stock / Symbol: [private_monthly]Coca-Cola Company / KO [/private_monthly] Price at trade post: $67.45 Option Strategy: calendar call spread Reasoning: Fundamentally, [private_monthly]KO [/private_monthly] is worth about $65 a share and is technically range bound between 66 [Read More …]

Fill Report

Stock / Symbol: Coca-Cola Company / KO Trade entered on: Nov 3 Option Strategy: double calendar call spread Report: trade closed for net of $3.57 per contract. Auto-Trade w/ OptionsXpress closed at net of $3.60 [Read More …]

New Trade : bear call spread

Stock / Symbol: [private_monthly]Priceline.com / PCLN[/private_monthly] Price at trade post: $534.96 Option Strategy: bear call spread Reasoning: We continue to be bearish on [private_monthly]PCLN [/private_monthly] and are looking to take advantage of today’s big up [Read More …]

Closing Trade : KO double calendar call spread

Stock / Symbol: [private_monthly]Coca-Cola Company / KO [/private_monthly] Option Strategy: double calendar call spread Trade entry date: Nov 3 Price at trade entry: $68.66 Price at this post: $68.20 Position: Long 2 KO Feb12 67.5 [Read More …]

Closing Trade : DIS diagonal call spread

Stock / Symbol: Walt Disney Co / DIS [private_monthly] Current Option Strategy: diagonal call spread Trade entry date: Jun 7 Price at trade entry: $39.82 Current Position: Long 2 DIS Jan12 33 Calls Short -2 [Read More …]

New Trade : diagonal call spread

Stock / Symbol: [private_monthly] Halliburton / HAL [/private_monthly] Price at this post: $38.56 Option Strategy: diagonal call spread Max Risk: $935 Max Profit: @ $120 or 12.8% @ $39 by Nov exp Profit Range: $37.50 [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 …]