Stock Symbol: [private_monthly]CTXS[/private_monthly] Option Strategy: bear call spread Max Risk: $590 Max Reward: $410 / 69% Profit Range: $0 – $62 Max Reward at: $0 – $60 Max Risk at: $65 + Reasoning: [private_monthly]Citrix – [Read More …]
Archives for October 2010
Closed Trade – CSTR bull put spread
October 7, 2010 By Leave a Comment
Per our sell alert yesterday, we closed out our CSTR bull put spread. Our reasoning was that, although we are still very bullish on the stock, CSTR looked like it was set to pull back [Read More …]
Closed Trade – SSO bear call spread
October 7, 2010 By Leave a Comment
Per our sell alert yesterday, we closed out our SSO bear call spread. Our reasoning was that when we entered the trade on 9/22, we felt the market was ready for a pullback. However, Tuesday’s [Read More …]
Closing Trade Alert
October 6, 2010 By Leave a Comment
We’re closing the CSTR put spread and SSO call spread here. Details to follow.
New Trade – Diagonal Call Spread
October 6, 2010 By Leave a Comment
Stock Symbol: [private_monthly]ZION[/private_monthly] Option Strategy: diagonal call spread Max Risk: $706 Called Return: 51% ($363) Uncalled Return: 27% Profit Range: $19.17 + Reasoning: [private_monthly]Zions Bancorporation – ZION[/private_monthly] has very strong fundamentals and has found solid [Read More …]
Report Card
October 3, 2010 By Leave a Comment
Since our official launch on August 9th, our portfolio is up 12.48%. Compare this to the S&P, which is only up 2% in the same time. Start Date: 08/09/10 End Date: 10/01/10 SPX DOW Opening [Read More …]
