Stock / Symbol: [private_monthly]United States Oil Fund / USO[/private_monthly] Option Strategy: diagonal call spread Price at trade opening: $37.40 Price at this adjustment: $36.25 Adjustment: The recent dip by[private_monthly] USO[/private_monthly] has squeezed most of the [Read More …]
Closing Trade – AXP diagonal call spread
January 24, 2011 By Leave a Comment
Stock / Symbol: American Express / AXP Option Strategy: diagonal call spread Price at trade post: $43.87 Price at trade closing: $45.84 Max Risk: $764 Max Reward: $351 or 46% by Feb 2011 expiration Profit [Read More …]
Closing Trade – GOOG bear call spread
January 21, 2011 By Leave a Comment
Stock / Symbol: Google / GOOG Price at trade post: $625.93 Price at trade close: $623 Option Strategy: bear call spread Trade Details: BTC -1 GOOG Feb11 660 Call STC 1 GOOG Feb11 670 Call [Read More …]
New Trade – diagonal call spread
January 20, 2011 By Leave a Comment
Stock / Symbol: [private_monthly]Macys / M[/private_monthly] Price at trade post: $23.62 Option Strategy: diagonal call spread Max Risk: $626 Max Reward: $193 or 30% by Feb 2011 expiration Profit Range: $23.62 + Max Profit at: [Read More …]
New Trade – bear call spread
January 20, 2011 By Leave a Comment
Stock / Symbol: [private_monthly]Google / GOOG Price at trade post: $625.93 [/private_monthly] Option Strategy: bear call spread Max Risk: $780 Max Reward: $220 or 28% by Feb 2011 expiration Profit Range: $0 – $662.60 Reasoning: [Read More …]
Closing Positions / Trade Adjustments
January 20, 2011 By Leave a Comment
Stock / Symbol: [private_monthly]Las Vegas Sands / LVS[/private_monthly] Option Strategy: calendar call spread Price at time of trade entry: $50.81 Price at Dec 22 adjustment: $47.39 Price at this adjustment: $46.43 Adjustment: The Jan 52.5 [Read More …]
Closing Trade – TSLA put spread
January 19, 2011 By Leave a Comment
We’re closing our TSLA put spread here for a credit of $2.20 per contract. The return is about 37.5%. Details to follow
New Trade – diagonal call spread
January 14, 2011 By Leave a Comment
Stock / Symbol: [private_monthly]Apache / APA[/private_monthly] Price at trade post: $124.58 Option Strategy: diagonal call spread Max Risk: $737 Max Reward: $457 or 62% by Feb 2011 expiration Profit Range: $122 – $148 Max Reward [Read More …]
Trade Update – call back spread
January 12, 2011 By Leave a Comment
We lowered the credit per contract from $0.42 to $0.40 Stock / Symbol: [private_monthly]JP Morgan / JPM[/private_monthly] Price at trade post: $44.70 Option Strategy: call back spread Max Risk: $780 (at Apr expiration) Max Reward: [Read More …]
New Trade – call back spread
January 12, 2011 By Leave a Comment
Stock / Symbol: [private_monthly]JP Morgan / JPM[/private_monthly] Price at trade post: $44.70 Option Strategy: call back spread Max Risk: $774 (at Mar expiration) Max Reward: unlimited Profit Range: $0 – 46.40 & $51.60 + (at [Read More …]
