Archives for April 2011

Trade Adjustment – diagonal call spread

Stock / Symbol: [private_monthly]Pan American Silver / PAAS [/private_monthly] Option Strategy: diagonal call spread Trade entry date: March 18th Price at trade entry: $34.81 Price at this adjustment: $41.63 Adjustment: [private_monthly] PAAS[/private_monthly] has performed very [Read More …]

New Trade – calendar put spread

Stock / Symbol: [private_monthly]Tesla Motors / TSLA [/private_monthly] Price at trade post: $27 Option Strategy: calendar put spread Max Risk: $125 Max Reward: $74 or 67% by Apr 2011 expiration Profit Range: $24.70 – 27.50 [Read More …]

Correction

Stock / Symbol: [private_monthly]Pepsi / PEP [/private_monthly] Correction: Today’s adjustment was for a net credit, not a debit as previously posted. Trade Details: [private_monthly] BTC -6 PEP Apr11 67.5 Calls STO 6 PEP May11 67.5 [Read More …]

Trade Adjustment – calendar call spread

Stock / Symbol: [private_monthly]Pepsi / PEP [/private_monthly] Option Strategy: calendar call spread Price at trade post: $64.62 Price at this adjustment: $65.70 Adjustment: Seeing as how it’s not looking like [private_monthly]PEP[/private_monthly] will reach 67.50 by [Read More …]

Closing Trade – F diagonal call spread

Stock / Symbol: Ford / F Option Strategy: diagonal call spread Price at trade entry: $15.03 Price at this post: $15.65 Reasoning: Ford looks like its going to pull back a bit here so we’re [Read More …]

New Trade – calendar call spread

Stock / Symbol: [private_monthly]Walmart / WMT [/private_monthly] Price at trade post: $53.05 Option Strategy: calendar call spread Max Risk: $468 Max Reward: $698 or 147% by May 2011 expiration Profit Range: $52.10 – $58.60 Max [Read More …]

Trade Adjustment – call spread risk reversal

Stock / Symbol: [private_monthly]Crocs / CROX [/private_monthly] Option Strategy: call spread risk reversal Date of trade entry: Mar 2 Price at trade entry: $17.31 Reasoning: Just in case [private_monthly]CROX[/private_monthly] is peaking here, we’re closing the [Read More …]

New Trade – diagonal call spread

Stock / Symbol: [private_monthly]Fifth Third Bancorp / FITB[/private_monthly] Price at trade post: $14.04 Option Strategy: diagonal call spread Max Risk: $744 Max Reward: $260 or 35% by May 2011 expiration Profit Range: $14.13 + Max [Read More …]

Trade Adjustment – iron condor

Stock / Symbol: Russell 2000 / RUT Option Strategy: iron condor Price at trade entry: $780.48 Trade entered on: March 15th Reasoning: Although we think it’s unlikely that RUT will close over 890 by April [Read More …]

New Trade – bull put spread

Stock / Symbol: [private_monthly]JDS Uniphase / JDSU [/private_monthly] Price at trade post: $19.40 Option Strategy: bull put spread Reasoning: The telecom equipment group is under significant pressure this morning, with [private_monthly]JDSU[/private_monthly] taking it on the [Read More …]