Stock / Symbol: [private_monthly]United States Oil Fund / USO[/private_monthly] Price at trade post: $33.60 Option Strategy: diagonal call spread Max Risk: $910 Max Reward: $356 or 39% by Sep 2011 expiration Profit Range: $31.30 + [Read More …]
New Trade : calendar call spread + protective call
August 10, 2011 By Leave a Comment
Stock / Symbol: [private_monthly]Johnson & Johnson / JNJ [/private_monthly] Price at trade post: $61.62 Option Strategy: calendar call spread w/ protective call Reasoning: [private_monthly]JNJ[/private_monthly] does not historically have drastic moves, and has weathered a series [Read More …]
Trade Adjustment : calendar call spread
August 10, 2011 By Leave a Comment
Stock / Symbol: [private_monthly]Walt Disney Co / DIS[/private_monthly] [private_monthly] Option Strategy: calendar call spread Trade entry date: Jun 7 Price at trade entry: $39.82 Price at this post: $31.93 Adjustment: We’re going to roll our [Read More …]
Fill / Trade Report
August 9, 2011 By Leave a Comment
Closed Trade : calendar call spread Stock / Symbol: Microsoft / MSFT Price at trade entry: $25.31 Price at trade exit: $24.91 Report: Got filled today for $0.68 per contract @ 3:46:33 PM EST Max [Read More …]
Trade Adjustment
August 9, 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 post: $14.04 Current Position:[private_monthly] Long 4 FITB Nov11 13 Calls at an effective [Read More …]
Fill Report
August 8, 2011 By Leave a Comment
Stock / Symbol: [private_monthly]Walmart / WMT [/private_monthly] [private_monthly] Closing Trade: STC 6 WMT Sep11 55 Calls BTC -6 WMT Aug11 55 Calls filled for net credit of $0.09 per contract Opening Trade: BTO 1 WMT [Read More …]
Trade Adjustment : calendar call spread
August 8, 2011 By Leave a Comment
Stock / Symbol: [private_monthly]Walmart / WMT [/private_monthly] Option Strategy: calendar call spread Date of trade entry: May 26 Price at trade entry: $54.61 Price at this post: $49.44 Current Position: [private_monthly] Long 6 WMT Sep11 [Read More …]
Closing Trade : MSFT calendar call spread
August 8, 2011 By Leave a Comment
Stock / Symbol: Microsoft / MSFT Option Strategy: calendar call spread Price at trade entry: $25.31 Price at this post: $25.03 Reasoning: With the pullback in the market, we’re now up about 17% on the [Read More …]
Trade Report
August 8, 2011 By Leave a Comment
Stock / Symbol: [private_monthly]S&P 500 Index / SPX [/private_monthly] [private_monthly] Option Strategy: bull put spread Price at trade entry: 1273.15 Realized Loss: ($940) Report: The position was exercised on Saturday for the full loss on [Read More …]
August 5, 2011 By Leave a Comment
Stock / Symbol: [private_monthly]Priceline.com / PCLN[/private_monthly] Option Strategy: butterfly put spread Price at trade entry: $519.30 Price at this post: $529 Update: With PCLN up over $525, it now looks like we can let this [Read More …]
