Archives for February 2012

Bernanke Live On Capital Hill

While there is low volatility and the market continues to drift higher, much of the work Bernanke and company has done appears to be working. It seems like a love-fest! A larger factor is that [Read More …]

Trade Update : CAT

Stock / Symbol: Caterpillar / CAT Price at trade post: $116.10 Option Strategy: [private_monthly]calendar put spread[/private_monthly] Update:[private_monthly] For those of you who entered a calendar call spread on CAT, that trade is fine too and [Read More …]

Correction : CAT

Stock / Symbol: Caterpillar / CAT Price at trade post: $116.10 Option Strategy: [private_monthly]calendar put spread[/private_monthly] Correction:[private_monthly] We did a put spread, not a call spread. See revised order. [/private_monthly] Trade Details : [private_monthly] BTO [Read More …]

New Trade : CAT

Stock / Symbol: Caterpillar / CAT Price at trade post: $116.10 Option Strategy: [private_monthly]calendar put spread[/private_monthly] Reasoning:[private_monthly] We’re thinking that by March expiration, CAT won’t move too much from it’s current price, but with a [Read More …]

Dividend Paying Stocks

Dividend Paying Stocks The new Normal is to grab yield where you can, and for many investors, dividend-paying stocks are a solution. For those of us who started our investing careers in the late 1980’s, [Read More …]

Trade Adjustment / Closing Order : EGO

Stock / Symbol: Eldorado Gold Corp / EGO Option Strategy: [private_monthly]diagonal call spread[/private_monthly] Trade entry date: Feb 17 Price at trade entry: $13.43 Price at this post: $15.25 Adjustment: Our closing order wasn’t filled last [Read More …]

Closing Trade : EGO

Stock / Symbol: Eldorado Gold Corp / EGO Option Strategy: [private_monthly]diagonal call spread[/private_monthly] Trade entry date: Feb 17 Price at trade entry: $13.43 Price at this post: $14.90 Reasoning: We entered this trade expecting a [Read More …]

New Trade : MCP

Stock / Symbol: MolyCorp / MCP Price at trade post: $28.86 Option Strategy: [private_monthly]combo (short put/long call), AKA synthetic long stock[/private_monthly] Reasoning: MCP operates the Mountain Pass mine, a non-Chinese rare earth deposit located in [Read More …]

Closing Trade : HAL

Stock / Symbol: Halliburton / HAL Option Strategy: diagonal call spread (originally) Trade entry date: Nov 8, 2011 Trade exit date: Feb 22, 2012 @ 11:13am EST Price at trade entry: $38.26 Price at trade [Read More …]

Closing Trade : CHK

Stock / Symbol: Chesapeake Energy / CHK Strategy: [private_monthly]bull put spread[/private_monthly] Trade entry date: Nov 4 Price at trade entry: $27.02 Price at this post: $24.74 Current Position: [private_monthly] Short -3 Apr12 23 Puts Long [Read More …]