Trade Adjustment – market hedge

Stock / Symbol: [private_monthly]iPath S&) 500 VIX Short-Term Futures / VXX[/private_monthly] Entering Option Strategy: diagonal call spread Trade entry date: Mar 24 Price at trade entry: $30.66 Price at this post: $20.32 Current Position: [private_monthly] [Read More …]

Closing Trade – TBT iron condor

Stock / Symbol: ProShares UltraShort 20+ Year Treasury / TBT Option Strategy: iron condor Trade entry date: Jun 24 Price at trade entry: $32.07 Price at this post: $34.33 Reasoning: With TBT looking like it’ll [Read More …]

Closing Trade – WAG calendar call spread

Stock / Symbol: Walgreen Co/ WAG Option Strategy: calendar call spread Trade entry date: Jun 7 Price at trade entry: $43.29 Price at this post: $41.70 Current position: Long 3 WAG Oct11 44 Calls Short [Read More …]

Fill / Trade Report

Stock / Symbol: S&P 500 Index / SPX Report: With the S&P closing at 1268.45, the 1235 strike puts we sold easily expired worthless giving us the full 5.26% yield from the one day trade. —- [Read More …]

Resubmitting Trade

Stock / Symbol: [private_monthly]ProShares UltraShort 20+ Year Treasury / TBT [/private_monthly] Trade Details: [private_monthly] Buy 5 TBT JulWk1 30 Puts Sell -5 TBT JulWk1 31 Puts Sell -5 TBT JulWk1 34 Calls Buy 5 TBT [Read More …]

Fill Report

Stock / Symbol: [private_monthly]S&P 500 Index / SPX[/private_monthly] Report: We received a 100% fill on our position today. Given current futures prices, we should have no problem expiring our position well out of the money for [Read More …]

Trade Adjustment – calendar call spread

Stock / Symbol: [private_monthly]ProShares UltraShort 20+ Year Treasury / TBT [/private_monthly] Option Strategy: calendar call spread Trade entry date: Mar 30 Price at trade entry: $37.89 Price at this post: $32.30 Current Position:[private_monthly] Long 4 [Read More …]

Trade Adjustment – calendar call spread

Stock / Symbol: [private_monthly]Walgreen Co/ WAG[/private_monthly] Option Strategy: calendar call spread Trade entry date: Jun 7 Price at trade entry: $43.29 Price at this post: $44.77 Current position: [private_monthly] Long 3 WAG Oct11 44 Calls [Read More …]

Trade Adjustment – diagonal call spread

Stock / Symbol: [private_monthly]Peabody Energy / BTU[/private_monthly] Original Option Strategy: diagonal call spread New Option Strategy: calendar call spread Price at trade entry: $59.54 Price at this adjustment: $55.70 Adjustment: This trade has gone a [Read More …]

Order Updates

We’re slightly increasing our entry prices for our 2 new spread trades as follows: [private_monthly] BTO 3 WAG Oct11 44 Calls STO -3 WAG Jun11 44 Calls for a net debit of $1.85 per contract [Read More …]