Archives for October 2011

Trade Adjustment : calendar call spread

Stock / Symbol: [private_monthly]Broadcom / BRCM [/private_monthly] Original Option Strategy: diagonal call spread Trade entry date: Feb 24 Price at trade entry: $40.56 Price at this adjustment: $36.40 Current Position: [private_monthly] Long 2 BRCM Jan12 [Read More …]

Trade Adjustment : calendar call spread

Stock / Symbol: [private_monthly]Johnson & Johnson / JNJ[/private_monthly] Price at trade entry: $62.40 Option Strategy: calendar call spread Current Position: [private_monthly] Long 4 JNJ Apr12 62.5 Calls Short 4 JNJ Oct11 62.5 Calls at a [Read More …]

Closing Trade Update

Stock / Symbol: Comcast / CMCSA Option Strategy: diagonal call spread Trade entry date: Sep 9 Price at trade entry: $20.83 Update: Closing for a CREDIT of $1.65 per contract Trade Details: STC 5 CMCSA [Read More …]

Closing Trade Update : CMCSA diagonal call spread

Stock / Symbol: Comcast / CMCSA Option Strategy: diagonal call spread Trade entry date: Sep 9 Price at trade entry: $20.83 Update: Closing for a CREDIT of $1.65 per contract Trade Details: STC 5 CMCSA [Read More …]

Trade Adjustment : diagonal call spread

Stock / Symbol: [private_monthly]United States Oil Fund / USO[/private_monthly] Option Strategy: diagonal call spread Price at trade entry: $31.24 Price at this adjustment: $32.07 Adjustment: With our short 31 strike calls ITM, we’re going to [Read More …]

New Trade : calendar call spread

Stock / Symbol: [private_monthly]Johnson & Johnson / JNJ[/private_monthly] Price at trade post: $62.40 Option Strategy: calendar call spread Reasoning: [private_monthly]JNJ[/private_monthly] does not historically have drastic moves, and has shown strong resilience in this schizophrenic market, [Read More …]