Closing Trade – LULU put spread

Stock / Symbol: LuLuLemon Athlettica / LULU Option Strategy: put spread Price at trade entry: $87.75 Price at this post: $82.95 Reasoning: This put play has performed nicely but we do want to get out [Read More …]

New Trade – put spread

Stock / Symbol: [private_monthly]Amex SPDR Energy Select Index / XLE[/private_monthly] Price at trade post: $75.49 Option Strategy: put spread Reasoning: We’re going to hedge our long energy positions with a put spread on [private_monthly]XLE[/private_monthly] Max [Read More …]

Closing Trade – LMT put spread

Stock / Symbol: Lockheed Martin / LMT Option Strategy: put spread Price at trade entry: $79.53 Price at this post: $75.89 Reasoning: We had a great call on LMT and with it trading near it’s [Read More …]

Order Adjustment

Stock / Symbol: [private_monthly] Pan American Silver / PAAS [/private_monthly] Price at trade post: $32.50 Current Option Strategy: diagonal call spread Adjustment Strategy: put spread Adjustment: We go filled at $0.85 per contract. If you [Read More …]

Trade Adjustment

Stock / Symbol: [private_monthly] Pan American Silver / PAAS [/private_monthly] Price at trade post: $32.50 Current Option Strategy: diagonal call spread Adjustment Strategy: put spread Reasoning: It looks like silver wants to pull back here, [Read More …]

New Trade – put spread

Stock / Symbol: [private_monthly]LuLuLemon Athlettica / LULU[/private_monthly] Price at trade post: $86.93 Option Strategy: put spread Reasoning: The company has been one of the hottest retail stocks in the market. Over the past week, there [Read More …]

New Trade – put spread

Stock / Symbol: [private_monthly]Lockheed Martin / LMT[/private_monthly] Price at trade post: $79.36 Option Strategy: put spread Reasoning: [private_monthly]LMT[/private_monthly] is having difficulty breaking through it’s 50 day moving average, and it looks like it wants to [Read More …]

Closing Trade – GOOG put spread

Stock / Symbol: Google / GOOG Option Strategy: put spread Trade entry date: May 12 Price at trade entry: $534.97 Price at closing post: $522.70 Reasoning: Today GOOG hit our price target of $520 so [Read More …]

New Trade – put spread

Stock / Symbol: [private_monthly]Google / GOOG Price at trade post: $535[/private_monthly] Option Strategy: put spread Reasoning: We think that [private_monthly]GOOG[/private_monthly] is shaky here and can easily pull back to its recent lows. In addition to [Read More …]

New Trade – put spread

Stock / Symbol: [private_monthly]Tesla / TSLA[/private_monthly] Price at trade post: $26.85 Option Strategy: put spread Max Risk: $640 Max Reward: $560 or 87.50% by Feb 2011 expiration Profit Range: $0 – $26.40 Max Reward Price: [Read More …]