Stock / Symbol: [private_monthly]SalesForce.com / CRM [/private_monthly] Price at trade entry: $115.55 Option Strategy: put spread Update: We were filled at $2.25 per contract Position Details: [private_monthly] Long 3 CRM Nov11 115 Puts Short -3 [Read More …]
New Trade : put spread
September 22, 2011 By Leave a Comment
Stock / Symbol: [private_monthly]SalesForce.com / CRM [/private_monthly] Price at trade post: $116 Option Strategy: put spread Max Risk: $645 Max Reward: $850 or 135% by Nov 2011 exp Profit Range: $0 – $113 by Nov [Read More …]
Closing Trade : USO diagonal call spread
September 16, 2011 By Leave a Comment
Stock / Symbol: United States Oil Fund / USO Trade entry date: Aug 12 Price at trade post: $33.57 Option Strategy: diagonal call spread Reasoning: Our trade on USO has played out perfectly for us; [Read More …]
Trade Adjustment : diagonal call spread
September 16, 2011 By Leave a Comment
Stock / Symbol: [private_monthly]Pan American Silver / PAAS [/private_monthly] Option Strategy: diagonal call spread Trade entry date: March 18th Price at trade entry: $34.81 Price at this adjustment: $32.87 Current Position:[private_monthly] Long 2 PAAS Oct11 [Read More …]
Trade Adjustment / Closing Trade
September 16, 2011 By Leave a Comment
Stock / Symbol: [private_monthly]Walmart / WMT [/private_monthly] Option Strategy: diagonal call spread Date of trade entry: May 26 & Aug 8 Price at trade entry: $54.61 / $49.16 Price at this post: $53 Current Position: [Read More …]
Closing Trade : EXC double calendar call spread
September 16, 2011 By Leave a Comment
Stock / Symbol: [private_monthly]Exelon / EXC[/private_monthly] Option Strategy: double calendar call spread Price at trade entry: $42.97 & $42.00 Price at this post: $43.50 Reasoning: With our short 42 and 43 strike calls set to [Read More …]
Closing Trade : MSFT calendar call spread
September 15, 2011 By Leave a Comment
Stock / Symbol: Microsoft / MSFT Option Strategy: calendar call spread Trade entry date: Aug 23 Price at trade entry: $24.64 Price at this post: $26.98 Reasoning: As the Sep11 25 calls are well in [Read More …]
Trade Adjustment : diagonal call spread
September 14, 2011 By Leave a Comment
Stock / Symbol: [private_monthly]Fifth Third Bancorp / FITB[/private_monthly] Opening Option Strategy: diagonal call spread Trade entry date: April 1 Price at trade entry: $14.04 Current Position:[private_monthly] Long 4 FITB Nov11 10 Calls at an effective [Read More …]
Trade Adjustment / New Trade Opportunity : calendar call spread w/ protective call
September 14, 2011 By Leave a Comment
Stock / Symbol: [private_monthly]Freeport-McMoran / FCX [/private_monthly] Original Option Strategy: diagonal call spread Original Trade entry date: Apr 19th Price at original trade entry: $51.68 Price at this post: $41.59 Position:[private_monthly] Long 1 FCX Nov11 [Read More …]
New Trade : diagonal call spread
September 9, 2011 By Leave a Comment
Stock / Symbol: Comcast / CMCSA Option Strategy: diagonal call spread Price at trade post: $20.85 Reasoning: [private_monthly]CMCSA[/private_monthly] is a defensive stock in this turbulent market. It will likely outperform in a down market and [Read More …]
