Archives for November 2010

Trade Adjustment – calendar call spread

Stock / Symbol: [private_monthly]Las Vegas Sands / LVS[/private_monthly] Price at time of trade entry: $41 Option Strategy: calendar call spread Reasoning: Our premise that [private_monthly]LVS[/private_monthly] would move higher was right but we were wrong on [Read More …]

New Trade – diagonal call spread

Stock / Symbol: [private_monthly]Verifone / PAY[/private_monthly] Price at trade opening: $34.77 Option Strategy: diagonal call spread Max Risk: $465 Max Reward: $147 (at Nov expiration) Profit Range: $34.74 – 42.88 (at Nov expiration) Max Profit [Read More …]

Report Card – as of October 29th, 2010

Since our official launch on August 9th, our portfolio is up 15.36%. Compare this to the S&P, which is up just 5.37% in the same time. Start Date: 08/09/10 End Date: 10/29/10 SPX DOW Opening [Read More …]