Archives for November 2010

Closing Trade – BG bull put spread

Stock Symbol: BG Option Strategy: bull put spread Update: We’re going to take advantage of today’s big market up move and close our our BG trade here buy buying back the postion between $0.15 to [Read More …]

New Trade – call back spread

Stock / Symbol: [private_monthly]Salesforce.Com / CRM[/private_monthly] Price at trade opening: $110.07 Option Strategy: call back spread Max Risk: $1,380 (at Jan expiration) Max Reward: unlimited Profit Range: $0 – $110 + $141.35 (at Jan expiration) [Read More …]

Trade Update – ANF butterfly call spread

Stock / Symbol: [private_monthly]Abercrombie & Fitch / ANF[/private_monthly] Option Strategy: butterfly call spread Update: Our limit order at a $0.40 net credit was not filled yesterday. No Trade. Non-members, click here for access

New Trade – butterfly call spread

Stock / Symbol: [private_monthly]Abercrombie & Fitch / ANF[/private_monthly] Price at trade opening: $45.14 Option Strategy: butterfly call spread Max Risk: $460 Max Reward: $40 Profit Range: $0 – 44.08 & 45.92 + Max Profit at: [Read More …]

Trade Update – bull put spread

Stock Symbol: BG Option Strategy: bull put spread Date Entered: Oct 12th Price at Trade Open: $60.82 Current Gain / Loss: +22.73% Max Profit: $340 Max Return: 51.52% Max Risk: $660 Profit Range: $58.30 + [Read More …]

Trade Adjustment – calendar spread

Stock / Symbol: [private_monthly]Baidu / BIDU[/private_monthly] Price at trade entry: $113.09 Price at trade adjustment: $114.80 Option Strategy: calendar call spread Max Risk: $520 Max Reward: $318 (at Nov expiration) Max Called Return: 61% Uncalled [Read More …]

New Trade – call back spread

New Trade – diagonal call spread

Stock / Symbol: [private_monthly]Best Buy / BBY[/private_monthly] Price at trade opening: $45.18 Option Strategy: diagonal call spread Max Risk: $778 Max Reward: $687 or 88% by December expiration Profit Range: $44.57 + Max Reward Price: [Read More …]

New Trade – combo (short put / long call)

Stock / Symbol: [private_monthly]General Electric / GE[/private_monthly] Price at trade opening: $16.58 Option Strategy: combo (short put / long call) Max Risk: $1,575 Max Reward: unlimited Profit Range: $16.76+ Reasoning:Expect that [private_monthly]GE[/private_monthly] will move up [Read More …]

Closing Trade – diagonal call spread

Stock Symbol: DIS Option Strategy: diagonal call spread Price at Trade entry: $33.23 Amt Risked: $1,164 Current Value: 1,250 Return: 7.22% Reasoning: [private_monthly]Disney – DIS[/private_monthly] has moved up faster than we expected. We’ll close this [Read More …]