Archives for September 2010

Closing Trade – JNJ bull put spread

Stock Symbol: JNJ Price at time of Trade: $57.60 Current Price: $58.64 Option Strategy: bull put spread – generates a credit trade Risk: low Reward: limited Reasoning: When the market was up big this morning, [Read More …]

Closing Trade – AAPL call spread

Stock Symbol: APPL Option Strategy: Call Spread Reasoning: Looking like AAPL doesn’t want to move much higher from here and is in risk of pulling back next week. If we close our position here, we [Read More …]

New Trade-Call Spread

Stock Symbol: [private_monthly]GT[/private_monthly] Price at time of Trade: $10.07 Target Price: $11 Option Strategy: Call Spread Reasoning [private_monthly]Goodyear Tire & Rubber CoT[/private_monthly]  has lost 2/3 of it’s market cap this year. It is best of [Read More …]