Trade Update

Stock Symbol: [Content protected for Monthly members only] Entry date: 8/18/10 Price at time of Trade: $10.53 Target Price: $13 Option Strategy: Call Spread Trade Update: [Content protected for Monthly members only] Reasoning:Expect that stock [Read More …]

New Trade – bull put spread

Stock Symbol: [Content protected for Monthly members only] Price at time of Trade: $57.60 Target Price: $60 by Sep expiration Option Strategy: bull put spread – generates a credit trade Risk: low Reward: limited Reasoning:Expect [Read More …]

New Trade – combo (short put / long call)

Stock Symbol: [Content protected for Monthly members only] Price at time of Trade: $7.68 Target Price: $9.00 by Oct expiration Option Strategy: combo (short put / long call) Risk: low / medium Reward: unlimited Reasoning:Expect [Read More …]

Closed Trade

Stock Symbol: SPY Trade initiated: Aug 23rd Price at time of trade: $107.61 Target price: 102 to 111 range Price at trade close: $106.86 Price change: 0.70% Our return: +2.62% Strategy: Iron Condor using weekly [Read More …]

Trade Update

For our combo (short put / long call) trade on [Content protected for Monthly members only] we’re going to add a calendar spread  to help bring our trade to profitability more quickly. Original Strategy: Combo [Read More …]

New Trade – Iron Condor

Stock Symbol: [Content protected for Monthly members only] Price at time of Trade: [Content protected for Monthly members only] Target Price: [Content protected for Monthly members only] Strategy: Iron Condor using weekly options which expire [Read More …]

Closing Trade – GOOG put spread

Today we closed our put spread trade on Google: STC – 1 – GOOG Sep 480 put for $23.70 BTC – 1 – GOOG Sep 460 put for $12.70 for a net credit of $11.00. [Read More …]

New Trade – call spread

Stock Symbol: [Content protected for Monthly members only] Price at time of Trade: $10.53 Target Price: $13 Strategy: Call Spread Reasoning:Expect that stock has bottomed here and see it heading back up to 13 within [Read More …]

New Trade – covered call

Stock Symbol: [Content protected for Monthly members only] Price at time of Trade: $25.75 Target Price: $29 Strategy: Covered Call Reasoning:Expect that stock has bottomed here at $25.55 and see it heading back up to [Read More …]

New Trade – call spread

Stock Symbol: [Content protected for Monthly members only] Strategy: Call Spread Reasoning: expect stock to stay in [Content protected for Monthly members only] range for next few months. Risk is $12.80 per share to make [Read More …]