Opened Trade : bull put spread
Stock / Symbol: [private_monthly]S&P 500 Index / SPX [/private_monthly]
Report:[private_monthly] Sold To Open a AugWk1 1220/1215 put spread on Tuesday. We were filled on 8/2 @ 11:26:56 AM EST for a net credit of $0.30 per contract.
Update: If the S&P does not come back to the 1245 range by today's close, we may very well close the trade out for a loss later today to avoid worrying about the S&P closing under 1220 on Friday.
Auto-Trading Brokers Report:
* OptionsXpress full fill @ $0.60
* eOption reported: full fill @ $0.30
* TradeMonster reported: full fill
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Opened Trade : butterfly spread
Stock / Symbol: [private_monthly]Priceline.com / PCLN [/private_monthly]
Report: [private_monthly]Opened PCLN AugWk1 515/520/525 butterfly spread. We placed the order on Wednesday (8/3) @ 3:10:00 PM EST and were filled at 3:45:02 PM EST for a net credit of $0.40 per contract.
[/private_monthly]
Auto-Trading Brokers Report:
* OptionsXpress reported: full fill @ $0.40
* eOption reported: full fill @ $0.40
* TradeMonster reported: full fill
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Closed Trade : bear call spread
Stock / Symbol: Sina Corp / SINA
Report: Last Friday, our SINA JulWk5 125/130 bear call spread expired worthless, yielding us the full 7.99% potential return from the trade.
Max Risk: $926
Max Reward: $74 or 7.99% by July 29th
Profit Range: $0 - $125.00
Realized Profit / Loss: $74 or 7.99% (pre-commission)
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