Trade Adjustment – diagonal call spread

tock / Symbol: [private_monthly]United States Oil Fund / USO[/private_monthly] Option Strategy: diagonal call spread Price at trade opening: $37.40 Price at Jan 26 adjustment: $36.25 Price at Jan 31 adjustment: $38.30 Price at this adjustment: [Read More …]

Closing Trade – diagonal put spread

Stock Symbol: FCX Option Strategy: diagonal put spread Max Profit: $332 Max Risk: $405 Max Return: 82% Profit Range: $0 – $96.33 Max Profit at: $90 Reasoning: Well, the beauty of a diagonal spread is [Read More …]