Stock / Symbol: [private_monthly]Yum Brands / YUM [/private_monthly] Price at trade post: $55.50 Option Strategy: butterfly call spread Reasoning: With earnings due out tomorrow afternoon, we are anticipating that [private_monthly]YUM [/private_monthly] will have at least [Read More …]
New Trade – Put Spread
July 11, 2011 By Leave a Comment
Stock / Symbol: [private_monthly]Disney / DIS [/private_monthly] Price at trade post: $39.20 Option Strategy: put spread Reasoning: While we do have a long position in this stock, we technically do not see this stock rising [Read More …]
Closing Trade – calendar put spread
July 8, 2011 By Leave a Comment
Stock / Symbol: [private_monthly]Las Vegas Sands / LVS [/private_monthly] Option Strategy: calendar put spread Date trade entered: Jun 21 Price at trade entry: $38.65 Price at this adjustment: $45.86 Reasoning: We added this position at [Read More …]
New Trade – bear call spread
July 8, 2011 By Leave a Comment
Stock / Symbol: [private_monthly]Russell 2000 / RUT [/private_monthly] Price at trade post: $846.27 Option Strategy: bear call spread Reasoning: With it looking like the market is topping here, were putting on bear call spread on [Read More …]
Fill / Trade Report
July 8, 2011 By Leave a Comment
Stock / Symbol: [private_monthly]Sotheby’s / BID [/private_monthly] Cancel the following order: [private_monthly] STO -2 BID Jul11 55 Puts BTO 2 BID Jul11 60 Puts [/private_monthly] —- Closed Trade Stock / Symbol: Intel / INTC Option [Read More …]
Trade Adjustment
July 7, 2011 By Leave a Comment
Stock / Symbol: [private_monthly]Sotheby’s / BID [/private_monthly] Adjustment: Increasing bid to $4.50 per contract Trade Details: [private_monthly] Modify current order as follows: STO -2 BID Jul11 55 Puts BTO 2 BID Jul11 60 Puts for [Read More …]
New Trade – Put Spread
July 7, 2011 By Leave a Comment
Stock / Symbol: [private_monthly]Sotheby’s / BID [/private_monthly] Price at trade post: $48.00 Option Strategy: put spread Reasoning: While [private_monthly]BID[/private_monthly] has moved up with the greater market, our fundamental models show that it’s fully valued here [Read More …]
Closing Trade – INTC
July 7, 2011 By Leave a Comment
Stock / Symbol: [private_monthly]Intel / INTC [/private_monthly] Option Strategy: diagonal call spread Trade entry date: Jun 24 Price at trade entry: $21.36 Price at this post: $23.32 Reasoning: We entered this trade with target making [Read More …]
Order Adjustment
July 1, 2011 By Leave a Comment
Stock / Symbol: ProShares UltraShort 20+ Year Treasury / TBT Trade Details: [private_monthly] BTC -5 TBT JulWk1 34 Calls STC 5 TBT JulWk1 35 Calls for a net debit of $0.68 per contract (Day Order, [Read More …]
Trade Adjustment – market hedge
July 1, 2011 By Leave a Comment
Stock / Symbol: [private_monthly]iPath S&) 500 VIX Short-Term Futures / VXX[/private_monthly] Entering Option Strategy: diagonal call spread Trade entry date: Mar 24 Price at trade entry: $30.66 Price at this post: $20.32 Current Position: [private_monthly] [Read More …]
