Stock / Symbol: [private_monthly]Tesla / TSLA[/private_monthly] Price at trade post: $26.85 Option Strategy: put spread Max Risk: $640 Max Reward: $560 or 87.50% by Feb 2011 expiration Profit Range: $0 – $26.40 Max Reward Price: [Read More …]
Trades from Dec 22nd – 27th
It has come to our attention that some of you may not have received an email notice for trades / posts we made between December 22 – 27. Here is a summary of our posts: [Read More …]
Closing Trade – V bull put spread
Stock / Symbol: Visa / V Price at trade post: $67.91 Trade opened: Dec 17th Option Strategy: bull put spread Max Risk: $764 Max Reward: $236 or 30% by Jan 2011 expiration Profit Range: $64.41 [Read More …]
Trade Analysis – WAG bull put spread
Stock / Symbol: Walgreen / WAG Option Strategy: bull put spread Trade entered on: Nov 30th Price at trade post: 34.73 Realized Profit: $92 Max Risk: $308 Realized Return: 29% (before commissions) Profit Range: $33.77 [Read More …]
Trade Analysis – SPX iron condor
Stock / Symbol: S&P 500 / SPX Option Strategy: iron condor Date entered: Nov 30th Trade adjusted on: Dec 7th Price at trade entry: $1184.64 Max Profit: $320 Max Risk: $1680 Max Return: 19% Profit [Read More …]
Trade Adjustment – calendar spread
Stock / Symbol: [private_monthly]Baidu / BIDU [/private_monthly] Option Strategy: diagonal call spread adjusting to bull put spread Entry date: Oct 26th; Price at trade entry: $113.09 1st Adjustment: Nov 24th with stock at $109.18 2nd [Read More …]
New Trade – call spread
Stock / Symbol: [private_monthly]Whole Foods Market / WFMI [/private_monthly] Price at trade post: $50.99 Option Strategy: call spread Max Risk: $723 Max Reward: $177 or 24% by Jan 2011 expiration Profit Range: $49.41 Max Reward [Read More …]
Closing Trade – NFLX bull put spread
Stock / Symbol: Netflix/ NFLX Option Strategy: bull put spread Trade entry date: Dec 15th Price at trade post: $178.15 Max Profit: $300 Max Risk: $700 Max Return: 42.86% Profit Range: $163.50 + Max Profit [Read More …]
Trade Adjustment – calendar call spread
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 this adjustment: $47.39 Adjustment: The Dec 52.5 call we sold expired worthless, bringing [Read More …]
Trade Adjustment – diagonal call spread
Stock / Symbol: Verifone / PAY Price at trade opening: $34.77 Price at this adjustment: $40.21 Update: We didn’t get filled on closing the spread so we just bought back the short Dec 37 strike [Read More …]