New Trade : MSFT

Stock / Symbol: Microsoft / MSFT Price at trade post: $25.97 Option Strategy: [private_monthly]calendar call spread[/private_monthly] Reasoning: MSFT continues to be a solid performer for [private_monthly]diagonal and calendar spreads because it doesn’t move all that [Read More …]

Trade Adjustment : MO calendar spread

Stock / Symbol: Altria Group / MO Option Strategy: calendar call spread Price at trade entry: $28.39 Price at this post: $29.05 Adjustment: [private_monthly] We’re going to close out our original calendar trade here at [Read More …]

Post Correction : FCX trade

[private_monthly]Correction: Accidentally said to STC the Nov11 40 calls when it should have read the DecWk2 40 calls. Closing Trade Details (for Sep 14 entry date): STC 2 FCX Feb12 40 Calls BTC -2 FCX [Read More …]

Closing Trade / Trade Adjustment : FCX position

Stock / Symbol: [private_monthly]Freeport-McMoran / FCX [/private_monthly] Option Strategy: calendar call spread w/ protective call Trade entry dates: Apr 19th & Sep 14 Prices at entry points: $51.68 & $41.53 Price at this post: $39.60 [Read More …]

Trade Adjustment : MO calendar spread

Stock / Symbol: [private_monthly]Altria Group / MO [/private_monthly] Option Strategy: calendar call spread Price at trade entry: $28.39 Price at this post: $28.75 Reasoning: With MO trading right at our upside breakeven point, we’re going [Read More …]

Position Update : FCX

Stock / Symbol: Freeport-McMoran / FCX Option Strategy: calendar call spread w/ protective call Update:[private_monthly] Our short DecWk2 40 calls expire tomorrow. If FCX is at or above $40 by the end of the day [Read More …]

New Trade : calendar call spread

Stock / Symbol: [private_monthly]Altria Group / MO [/private_monthly] Price at trade post: $28.41 Option Strategy: calendar call spread Reasoning: This company is another good candidate for a butterfly or calendar trade as it just doesn’t [Read More …]

Trade Adjustment : calendar call spread w/ protective call

Stock / Symbol: [private_monthly]Freeport-McMoran / FCX [/private_monthly] Option Strategy: calendar call spread w/ protective call Trade entry dates: Apr 19th & Sep 14 Prices at entry points: $51.68 & $41.53 Price at this post: $39.10 [Read More …]

Closing Trade : KO calendar call spread

Stock / Symbol: Coca-Cola Company / KO Option Strategy: calendar call spread Trade entry date: Nov 14 Price at trade entry: $67.46 Price at this post: $67.67 Reasoning: This trade on KO couldn’t have worked [Read More …]

New Trade : calendar call spread

Stock / Symbol: [private_monthly]Coca-Cola Company / KO [/private_monthly] Price at trade post: $67.45 Option Strategy: calendar call spread Reasoning: Fundamentally, [private_monthly]KO [/private_monthly] is worth about $65 a share and is technically range bound between 66 [Read More …]