Archives for July 2011

Today’s 2nd Trade Adjustment / Trade Entry Opp : Calendar Call Spread

Stock / Symbol: [private_monthly]Walt Disney Co / DIS[/private_monthly] Option Strategy: calendar call spread Trade entry date: Jun 7 Price at trade entry: $39.82 Price at this post: $39.23 Adjustment: We’re going to roll the short [Read More …]

Closing Trade : Calendar Call spread

Stock / Symbol: Peabody Energy / BTU Option Strategy: calendar call spread Trade entry date: May 19 Price at trade entry: $59.54 Reasoning: With earnings approaching next Tuesday, we’re going to take a shot at [Read More …]

Trade Adjustment / Closing Trade : Diagonal Call Spread

Stock / Symbol: [private_monthly]Freeport-McMoran / FCX [/private_monthly] Price at original trade entry: $51.68 Price at May 25 adjustment / new entry point: $49.77 Price at this post: $55.25 Original Trade entry date: Apr 19 Option [Read More …]

Closing Trade – YUM butterfly call spread

Stock / Symbol: [private_monthly]Yum Brands / YUM [/private_monthly] Price at trade entry: $55. Option Strategy: butterfly call spread Reasoning: We were assigned on the short 50 call so we’re going to close the trade out [Read More …]

New Trade – butterfly call spread

Stock / Symbol: [private_monthly]Yum Brands / YUM [/private_monthly] Price at trade post: $55.50 Option Strategy: butterfly call spread Reasoning: With earnings due out tomorrow afternoon, we are anticipating that [private_monthly]YUM [/private_monthly] will have at least [Read More …]

New Trade – Put Spread

Stock / Symbol: [private_monthly]Disney / DIS [/private_monthly] Price at trade post: $39.20 Option Strategy: put spread Reasoning: While we do have a long position in this stock, we technically do not see this stock rising [Read More …]

Closing Trade – calendar put spread

Stock / Symbol: [private_monthly]Las Vegas Sands / LVS [/private_monthly] Option Strategy: calendar put spread Date trade entered: Jun 21 Price at trade entry: $38.65 Price at this adjustment: $45.86 Reasoning: We added this position at [Read More …]

New Trade – bear call spread

Stock / Symbol: [private_monthly]Russell 2000 / RUT [/private_monthly] Price at trade post: $846.27 Option Strategy: bear call spread Reasoning: With it looking like the market is topping here, were putting on bear call spread on [Read More …]

Fill / Trade Report

Stock / Symbol: [private_monthly]Sotheby’s / BID [/private_monthly] Cancel the following order: [private_monthly] STO -2 BID Jul11 55 Puts BTO 2 BID Jul11 60 Puts [/private_monthly] —- Closed Trade Stock / Symbol: Intel / INTC Option [Read More …]

Trade Adjustment

Stock / Symbol: [private_monthly]Sotheby’s / BID [/private_monthly] Adjustment: Increasing bid to $4.50 per contract Trade Details: [private_monthly] Modify current order as follows: STO -2 BID Jul11 55 Puts BTO 2 BID Jul11 60 Puts for [Read More …]