Stock Symbol: [private_monthly]CSTR[/private_monthly] Price at Time of Trade: $41.50 Option Strategy: Calendar Spread Risk: medium Reward: limited Reasoning:Expect that [private_monthly]Coinstar – CSTR[/private_monthly] will move up to at least $50 the end of this year. This [Read More …]
New Trade – bull put spread
Stock Symbol: [private_monthly]CSTR[/private_monthly] Price at Time of Trade: $41.70 Option Strategy: bull put spread – generates a credit trade Risk: low Reward: limited Reasoning:Expect that [private_monthly]Coinstar – CSTR[/private_monthly] will move up to at least $43 [Read More …]
Trade Adjustment – Iron Condor
Stock Symbol: [private_monthly]SPX[/private_monthly] Price at time of Trade Open: $1100.34 Target Date: September 17th – September options expiration Target Price: 1040 to 1115 Current Price: $1125 Option Strategy: Iron Condor with September expiration options Reasoning: [Read More …]
Closed Trade – JDSU
Stock Symbol: JDSU Entry date: 8/18/10 Exit date: 9/09/10 Price at time of Trade: $10.53 Price at time of Exit: $10.87 Option Strategy: Call Spread Trade Breakdown: Trade Date | Action | Symbol/Desc. | Qty [Read More …]
Trade Update – SPX
Our Iron Condor on the SPX filled today at a credit of $0.65, or a total credit of $130. This sets us up for a nice 14.94% gain by options expiration next Friday.
Trade Update – Iron Condor
Symbol: [private_monthly]SPX[/private_monthly] Looks like we’re not going to get filled at our set Limit/Credit of $0.80. so we’re lowering the limit to $0.65. Setting as a Good Till Canceled Order.
New Trade – Iron Condor
Stock Symbol: [private_monthly]SPX[/private_monthly] Price at time of Trade: [private_monthly]$1100.34[/private_monthly] Target Date: September 17th – September options expiration Target Price: [private_monthly]1040 to 1115[/private_monthly] Option Strategy: Iron Condor with September expiration options Risk: low Max Risk: $846 [Read More …]
New Trade – put spread
Stock Symbol: [private_monthly]T[/private_monthly] Option Strategy: Put Spread Price at time of Trade: $27.44 Target Price: $25 Option Strategy: Put Spread Risk Level: moderate Max Risk: $645 Max Reward: $855 Reasoning: We expect this stock to [Read More …]
Report Card
theOptionWiz position summary for the period covering Aug 8 – Sep 3, 2010: closed trades Stock Symbol Option Strategy entry date exit date Gain / loss (pre-commission) GOOG put spread 08/10/10 08/20/10 100.64% SPY iron [Read More …]
Closing Trade – JNJ bull put spread
Stock Symbol: JNJ Price at time of Trade: $57.60 Current Price: $58.64 Option Strategy: bull put spread – generates a credit trade Risk: low Reward: limited Reasoning: When the market was up big this morning, [Read More …]