Stock / Symbol: [private_monthly]Las Vegas Sands / LVS[/private_monthly] Price at time of trade entry: $41 Option Strategy: calendar call spread Reasoning: Our premise that [private_monthly]LVS[/private_monthly] would move higher was right but we were wrong on [Read More …]
New Trade – diagonal call spread
November 2, 2010 By Leave a Comment
Stock / Symbol: [private_monthly]Verifone / PAY[/private_monthly] Price at trade opening: $34.77 Option Strategy: diagonal call spread Max Risk: $465 Max Reward: $147 (at Nov expiration) Profit Range: $34.74 – 42.88 (at Nov expiration) Max Profit [Read More …]
Report Card – as of October 29th, 2010
November 2, 2010 By 1 Comment
Since our official launch on August 9th, our portfolio is up 15.36%. Compare this to the S&P, which is up just 5.37% in the same time. Start Date: 08/09/10 End Date: 10/29/10 SPX DOW Opening [Read More …]
Closing Trade – ADBE call back spread
October 29, 2010 By Leave a Comment
Stock Symbol: ADBE Original Option Strategy: Call Back Spread Max Risk (Adjusted): $15 Gain on remaining long call: 30% Overall Gain on Trade: 83% Reasoning: On Oct 12, we closed out the 4 short calls [Read More …]
New Trade – covered call
October 28, 2010 By Leave a Comment
Stock Symbol: [private_monthly]EGO[/private_monthly] Price at time of Trade: $16.95 Target Price: $18 Max Risk: $1,546 Uncalled Return: 3.82% Called Return: 3.82% Strategy: Covered Call Reasoning:This stock has strong fundamentals and is currently trading in the [Read More …]
New Trade – another Calendar Call Spread
October 26, 2010 By Leave a Comment
Stock / Symbol: [private_monthly]Las Vegas Sands / LVS[/private_monthly] Price at time of post: $41 Option Strategy: calendar call spread Max Risk: $652 Max Reward: $295 (at Nov expiration) Max Called Return: 45% Uncalled Return: 40% [Read More …]
New Trade – Calendar Call Spread
October 26, 2010 By Leave a Comment
Stock / Symbol: [private_monthly]Baidu / BIDU[/private_monthly] Price at time of post: $113.09 Option Strategy: calendar call spread Max Risk: $520 Max Reward: $318 (at Nov expiration) Max Called Return: 61% Uncalled Return: 43% Profit Range: [Read More …]
New Trade – ratio put spread
October 25, 2010 By Leave a Comment
Stock / Symbol: [private_monthly]ProShares Ultra S&P500 ETF / SSO[/private_monthly] Price at time of post: $42.48 Option Strategy: ratio put spread Max Risk: $3,689 Max Reward: $311 (at Dec expiration) Profit Range: $33.89 + Max Profit [Read More …]
Trade Analysis – BIDU
October 25, 2010 By Leave a Comment
Stock Symbol: BIDU Option Strategy: iron condor Date Entered: 10/21/10 Date Closed: 10/22/10 (Oct weekly options expired worthless) Profit: $92 Return before commissions: 22.55% Return after commissions: 19.38% Trade Details: Buy 1 BIDU OCT10 85 [Read More …]
New Trade – diagonal call spread
October 21, 2010 By Leave a Comment
Stock Symbol: [private_monthly]CSTR[/private_monthly] Option Strategy: diagonal call spread Max Risk: $580 Max Reward: $361 (at Nov expiration) Profit Range: $44.32 + (at Nov expiration) Max Profit at: $50 Reasoning:Expect that [private_monthly]Coinstar – CSTR[/private_monthly] will move [Read More …]
