Closing Trade – AMZN

Closed out AMZN trade: Option Strategy: bear call spread 10/15/2010 O BTC AMZN Oct10 165 Call 1 @ $0.17 10/15/2010 O STC AMZN Oct10 170 Call 1 @ $0.02 for a net debit of $0.15 [Read More …]

Closing Trade – CTXS

Stock Symbol: [private_monthly]CTXS[/private_monthly] Option Strategy: bear call spread Max Risk: $590 Max Reward: $410 / 69% Profit Range: $0 – $62 Max Reward at: $0 – $60 Max Risk at: $65 + Reasoning: Citrix – [Read More …]

New Trade – bear call spread

Stock Symbol: [private_monthly]CTXS[/private_monthly] Option Strategy: bear call spread Max Risk: $590 Max Reward: $410 / 69% Profit Range: $0 – $62 Max Reward at: $0 – $60 Max Risk at: $65 + Reasoning: [private_monthly]Citrix – [Read More …]

Closed Trade – SSO bear call spread

Per our sell alert yesterday, we closed out our SSO bear call spread. Our reasoning was that when we entered the trade on 9/22, we felt the market was ready for a pullback. However, Tuesday’s [Read More …]

New Trade – bear call spread

Stock Symbol: [private_monthly]AMZN[/private_monthly] Option Strategy: bear call spread Max Profit:$88 Max Risk: $412 Max Return: 18% (accounts for commissions) Profit Range: $0 – $165 Reasoning: Although it’s been a strong performer, [private_monthly]AMZN[/private_monthly] is technically near [Read More …]

New Trade – Bear Call Spread

Stock Symbol: [private_monthly]SSO[/private_monthly] Option Strategy: Bear Call Spread Risk Level: low Max Risk: $448 Max Gain: $352 = 78% return Price for Max Gain at expiration: $39 Break Even at Expiration: $39.88 (2.39% higher than [Read More …]