Stock / Symbol: [private_monthly]Visa / V [/private_monthly] Price at trade post: $67.91 Option Strategy: bull put spread Max Risk: $764 Max Reward: $236 or 30% by Jan 2011 expiration Profit Range: $64.41 + Max Reward [Read More …]
Closing Trade – PAY diagonal call spread
December 17, 2010 By Leave a Comment
Stock / Symbol: Verifone / PAY Option Strategy: diagonal call spread We need to close out this trade today as the 37 strike call will close in the money. Closing Details: STC 1 PAY Apr11 [Read More …]
Closing Trade – RIMM butterfly call spread
December 17, 2010 By Leave a Comment
Stock / Symbol: Research in Motion / RIMM Price at trade post: $59.60 Option Strategy: butterfly call spread Max Risk: $418 Max Reward: $100 or 25% by Dec 17th Profit Range: $0 – $58 & [Read More …]
Trade Adjustment – calendar spread
December 16, 2010 By Leave a Comment
Stock / Symbol: [private_monthly]Zions Bancorp / ZION [/private_monthly] Option Strategy: calendar spread, adjusting to diagonal call spread Entry date: Oct 6th; Price at trade entry: $21.94 Price at Nov 24 adjustment: $19.47 Price at Dec [Read More …]
Closing Trade – GE combo
December 16, 2010 By Leave a Comment
Stock / Symbol: General Electric / GE Price at trade opening: $16.58 Option Strategy: combo (short put / long call) Max Risk: $1,575 Max Reward: unlimited Profit Range: $16.76+ Reasoning: This trade has performed nicely [Read More …]
New Trade – bull put spread
December 16, 2010 By Leave a Comment
Stock / Symbol: [private_monthly]Aixtron / AIXG [/private_monthly] Price at trade post: $34.30 Option Strategy: bull put spread Max Risk: $520 Max Reward: $80 or 15.38% by Jan 2011 expiration Profit Range: $30.60 + Max Reward [Read More …]
New Trade – butterfly call spread
December 16, 2010 By Leave a Comment
Stock / Symbol: [private_monthly]Research in Motion / RIMM [/private_monthly] Price at trade post: $59.60 Option Strategy: butterfly call spread Max Risk: $418 Max Reward: $100 or 25% by Dec 17th Profit Range: $0 – $58 [Read More …]
New Trade – bull put spread
December 15, 2010 By Leave a Comment
Stock / Symbol: [private_monthly]Netflix/ NFLX[/private_monthly] Option Strategy: bull put spread Price at trade post: $178.15 Max Profit: $300 Max Risk: $700 Max Return: 42.86% Profit Range: $163.50 + Max Profit at: $165 + Reasoning: We’re [Read More …]
Closing Trade – WSM call spread
December 14, 2010 By Leave a Comment
Stock / Symbol: Williams-Sonoma / WSM Option Strategy: call spread Price at trade opening on Nov 24th: $33.67 Price at trade closing: $35.01 Reasoning: We’re up nicely on this trade and don’t want to risk [Read More …]
Closed Trade – GT call spread
December 14, 2010 By Leave a Comment
Stock / Symbol: GoodYear Tire / GT Option Strategy: call spread Price at Trade open on Sep 2nd: $10.05 Price at Trade close: $11.65 Trade: BTC -5 GT Jan11 11 Calls @ $1.04 STC 5 [Read More …]
