Stock Symbol: [private_monthly]BG[private_monthly] Option Strategy: bull put spread Max Profit: $350 Max Return: 53.85% Profit Range: $58.25 + Max Profit at: $60 Reasoning: [private_monthly]BG[private_monthly] is a Pro17 Sure Trade. We’re going with this strategy to [Read More …]
Trade Adjustment – call back spread
Stock Symbol: [private_monthly]ADBE[/private_monthly] Option Strategy: Call Back Spread Max Risk (Adjusted): $15 Max Gain: Unlimited Profit Range: $28 + Break Even at Expiration: $28.30 Reasoning: [private_monthly]Adobe – ADBE[/private_monthly] has moved up high enough that we [Read More …]
Closing Trade – CTXS
Stock Symbol: [private_monthly]CTXS[/private_monthly] Option Strategy: bear call spread Max Risk: $590 Max Reward: $410 / 69% Profit Range: $0 – $62 Max Reward at: $0 – $60 Max Risk at: $65 + Reasoning: Citrix – [Read More …]
New Trade – bear call spread
Stock Symbol: [private_monthly]CTXS[/private_monthly] Option Strategy: bear call spread Max Risk: $590 Max Reward: $410 / 69% Profit Range: $0 – $62 Max Reward at: $0 – $60 Max Risk at: $65 + Reasoning: [private_monthly]Citrix – [Read More …]
Closed Trade – CSTR bull put spread
Per our sell alert yesterday, we closed out our CSTR bull put spread. Our reasoning was that, although we are still very bullish on the stock, CSTR looked like it was set to pull back [Read More …]
Closed Trade – SSO bear call spread
Per our sell alert yesterday, we closed out our SSO bear call spread. Our reasoning was that when we entered the trade on 9/22, we felt the market was ready for a pullback. However, Tuesday’s [Read More …]
Closing Trade Alert
We’re closing the CSTR put spread and SSO call spread here. Details to follow.
New Trade – Diagonal Call Spread
Stock Symbol: [private_monthly]ZION[/private_monthly] Option Strategy: diagonal call spread Max Risk: $706 Called Return: 51% ($363) Uncalled Return: 27% Profit Range: $19.17 + Reasoning: [private_monthly]Zions Bancorporation – ZION[/private_monthly] has very strong fundamentals and has found solid [Read More …]
Report Card
Since our official launch on August 9th, our portfolio is up 12.48%. Compare this to the S&P, which is only up 2% in the same time. Start Date: 08/09/10 End Date: 10/01/10 SPX DOW Opening [Read More …]
New Trade – diagonal call spread
Stock Symbol: [private_monthly]DIS[/private_monthly] Option Strategy: diagonal call spread Max Risk: $1164 Called Return: 20% ($233) Uncalled Return: 9% Profit Range: $33.42 – $43.13 Reasoning: [private_monthly]Disney – DIS[/private_monthly] has very strong fundamentals and is currently trading [Read More …]