New Trade : WLT

Stock / Symbol: Walter Energy / WLT Option Strategy: [private_monthly]butterfly call spread[/private_monthly] Price at this post: $63.30 Reasoning: If there’s one thing you can say about WLT, it’s that [private_monthly] it’s a very volatile stock. [Read More …]

Trade Adjustment : JNJ

Stock / Symbol: Johnson & Johnson / JNJ Option Strategy: [private_monthly] calendar call spread + long calls[/private_monthly] Trade entry date: Mar 19 Price at trade entry: $65.17 Price at this adjustment: $64.90 Current Position:[private_monthly] long [Read More …]

Closing Trade : WMT

Stock / Symbol:Walmart / WMT Option Strategy: [private_monthly]calendar call spread[/private_monthly] Trade entry date: Mar 9 Price at trade entry: $60.18 Price at this adjustment: $58.95 Current Position:[private_monthly] Long 5 WMT Jun12 60 Calls Short -5 [Read More …]

New Trade : AAPL

Stock / Symbol: Apple / AAPL Price at trade post: $584.60 Option Strategy: [private_monthly]iron condor[/private_monthly] Reasoning: The probability of success on this iron condor on AAPL is over 80%. If AAPL hits our upside or [Read More …]

Trade Adjustment : MCD

Stock / Symbol: McDonalds / MCD Option Strategy: [private_monthly]calendar spread[/private_monthly] Trade entry date: Apr 25 Price at trade entry: $94.95 Price at this adjustment: $97.85 Current Position: [private_monthly] Long 5 MCD Jun12 95 calls Short [Read More …]

Stocks Lead The Way, Followed by Data: Covered Strangle

Don’t let the headlines dictate your decision-making. Last week, the S&P Case-Shiller home price index report for February came out, indicating that U.S. home prices stumbled again, hitting new lows among its 10 and 20 [Read More …]

Trade Adjustment : JNJ

Stock / Symbol: Johnson & Johnson / JNJ Option Strategy: [private_monthly] calendar call spread + long calls[/private_monthly] Trade entry date: Mar 19 Price at trade entry: $65.17 Price at this adjustment: $64.85 Current Position:[private_monthly] long [Read More …]

Trade Adjustment : WMT

Stock / Symbol:Walmart / WMT Option Strategy: [private_monthly]calendar call spread[/private_monthly] Trade entry date: Mar 9 Price at trade entry: $60.18 Price at this adjustment: $59.04 Current Position:[private_monthly] Long 5 WMT Jun12 60 Calls Short -5 [Read More …]

Trade Adjustment : X

Stock / Symbol: US Steel / X Option Strategy: [private_monthly]diagonal call spread[/private_monthly] Trade entry date: Mar 26 Price at trade entry: $29.66 Price at this adjustment: $28.32 Current Position: Long 1 X Jan13 22.5 Call [Read More …]

Closing Trade : SPX

Stock / Symbol: S&P 500 INDEX / SPX Option Strategy: [private_monthly]bull put spread[/private_monthly] Trade entry date: Apr 10 Price at trade entry: $1363.50 Price at this post: $1388.90 Reasoning: With the market up, it’s a [Read More …]