Stock / Symbol: [private_monthly]S&P 500 INDEX / SPX Option Strategy: bull put spread Price at trade entry: $1273.15[/private_monthly] Price at trade post: $1212 (pre-market) Reasoning: With the bottom falling out of the market yesterday, we [Read More …]
Closing Trade : bull put spread
August 4, 2011 By Leave a Comment
Stock / Symbol: [private_monthly]S&P 500 INDEX / SPX Price at trade entry: $1273.15[/private_monthly] Option Strategy: bull put spread Reasoning: With the market breaking a major technical support level at 1250 yesterday and then the 1227 [Read More …]
Closing Trade : butterfly put spread
August 4, 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: $493.04 Reasoning: With PCLN trading under $500, we’re going to see if we can close [Read More …]
Fill / Trade Report
August 4, 2011 By Leave a Comment
Opened Trade : bull put spread Stock / Symbol: [private_monthly]S&P 500 Index / SPX [/private_monthly] Report:[private_monthly] Sold To Open a AugWk1 1220/1215 put spread on Tuesday. We were filled on 8/2 @ 11:26:56 AM EST [Read More …]
New Trade : butterfly put spread
August 3, 2011 By Leave a Comment
Stock / Symbol: [private_monthly]Priceline.com / PCLN[/private_monthly] Price at trade post: $518.30 Option Strategy: butterfly put spread Reasoning: We’ve going to take advantage of the volatility surrounding [private_monthly]PCLN’s [/private_monthly] scheduled earnings release this Thursday after market [Read More …]
New Trade : bull put spread
August 2, 2011 By Leave a Comment
Stock / Symbol: [private_monthly]S&P 500 INDEX / SPX Price at trade post: $1272.67[/private_monthly] Option Strategy: bull put spread Reasoning: This trade has a 89% probability of success and reaches full profit potential this Friday. We’re [Read More …]
Trade Update : Market Hedge
July 29, 2011 By Leave a Comment
Stock / Symbol: [private_monthly]iPath S&) 500 VIX Short-Term Futures / VXX[/private_monthly] Option Strategy: diagonal call spread Trade entry date: Mar 24 Current Position:[private_monthly] Long 1 VXX Jan12 20 Call Short 1 VXX Aug11 28 Call [Read More …]
Fill / Trade Report
July 28, 2011 By Leave a Comment
Trade Adjustment : calendar call spread Stock / Symbol: [private_monthly]Las Vegas Sands / LVS [/private_monthly] Report: Sold to Open 2 LVS Aug11 52.5 Calls against long call position. We were filled today @ 1:10:05 PM [Read More …]
Correction
July 28, 2011 By Leave a Comment
Stock / Symbol: [private_monthly]Las Vegas Sands / LVS [/private_monthly] Option Strategy: calendar call spread Correction: We’re just selling 2 calls, not 4 Trade Details: [private_monthly] STO -2 LVS Aug11 52.5 Calls for a net credit [Read More …]
Trade Adjustment : calendar call spread
July 28, 2011 By Leave a Comment
Stock / Symbol: [private_monthly]Las Vegas Sands / LVS [/private_monthly] Option Strategy: calendar call spread Date trade entered: Nov 4, 2010 Price at trade entry: $50.81 Price at this adjustment: $47.89 Current PosItion: [private_monthly] Long 2 [Read More …]
