Archives for June 2011

Trade Adjustment – calendar call spread

Stock / Symbol: [private_monthly]Walmart / WMT [/private_monthly] Option Strategy: calendar call spread Price at trade entry: $54.61 Price at this post: $53.04 Adjustment: As [private_monthly]WMT[/private_monthly] closed under $55 by June expiration, our short June calls [Read More …]

Trade Adjustment – DIS

Stock / Symbol: [private_monthly]Walt Disney Co / DIS[/private_monthly] Option Strategy: diagonal call spread Trade entry date: Jun 7 Price at trade entry: $39.82 Price at this post: $38 Adjustment: [private_monthly]DIS[/private_monthly] is not looking as strong [Read More …]

Trade Adjustment – calendar call spread

Stock / Symbol: [private_monthly]Walgreen Co/ WAG[/private_monthly] Option Strategy: calendar call spread Trade entry date: Jun 7 Price at trade entry: $43.29 Price at this post: $44.77 Current position: [private_monthly] Long 3 WAG Oct11 44 Calls [Read More …]

Correction

Stock / Symbol: [private_monthly]Microsoft / MSFT[/private_monthly] Option Strategy: calendar call spread Correction: We intended to roll our short Jun 26 calls into Aug 26 calls but the trade details said to[private_monthly] “STO 6 MSFT Oct11 [Read More …]

Trade Adjustment – calendar call spread

Stock / Symbol: [private_monthly]Microsoft / MSFT[/private_monthly] Option Strategy: calendar call spread Price at trade entry: $25.31 Price at this post: $24 Adjustment: We’re going to roll our short Jun 26 calls into Aug 26 calls [Read More …]

Trade Adjustment – market hedge

Stock / Symbol: [private_monthly]iPath S&) 500 VIX Short-Term Futures / VXX[/private_monthly] Entering Option Strategy: diagonal call spread Price at trade entry: $30.66 Price at this post: $26.55 Current Position: [private_monthly] Long 1 VXX Jan12 30 [Read More …]

Closing Trade – PAAS put spread

Stock / Symbol: Pan American Silver / PAAS Adjustment Strategy: put spread Price at trade entry: $32.52 Price at this post: $28.75 Reasoning: Silver did pull back as anticipated, so we’re happy that we had [Read More …]

Closing Trade – FXE put spread

Stock / Symbol: CurrencyShares Euro Trust / FXE Option Strategy: put spread Price at trade entry: $144.56 Price at this post: $141.73 Reasoning: We got our anticipated pullback in the EURO and we’re going to [Read More …]

Trade Adjustment

Stock / Symbol: [private_monthly]Apache / APA [/private_monthly] Original Option Strategy: diagonal call spread Entry date: Jan 14th Price at time of trade entry: $124.57 Price at this adjustment: $118.75 Current Position:[private_monthly] Long 1 APA Jul [Read More …]

New Trade – put spread

Stock / Symbol: [private_monthly]CurrencyShares Euro Trust / FXE[/private_monthly] Price at trade post: $144.58 Option Strategy: put spread Reasoning: We think the EURO is set to pull back over the next week. Our price target by [Read More …]