Stock / Symbol: S&P500 Index / SPX Option Strategy: bull put spread Trade entry date / price: 29 Jun / $2079 Price at trade post: $2124 Reasoning: With over 80% of the trades potential profit realized (if filled at current mid), I’m going to enter in the a closing order for the bull put spread. […]
Stock / Symbol: Apple Inc / AAPL Option Strategy: [private_monthly]diagonal call spread + calendar put spread[/private_monthly] Trade entry date / price: 27 Apr / $131.55 Price at this adjustment: $126.73 Current Position:[private_monthly] Long 1 AAPL Jan17 130 call Short -1 AAPL Jul 135 call Long 1 AAPL Jul 120 put for an effective cost of […]
Stock Symbol: FaceBook / FB; Option Strategy: [private_monthly]call spread + put spread[/private_monthly]; Trade entry date / price: 7 Jul / $85.67 Price at this post: $90.43; Reasoning: Up just over 13% on the trade already, locking in the gain. Current greeks are: 16.53 delta, -1.76 theta, and 4.10 vega Closing Trade Details:[private_monthly] STC 1 FB […]
Stock / Symbol: Russell 2000 / RUT; Option Strategy: [private_monthly]bull put spread[/private_monthly]; Price at trade post: $1272; Reasoning: I’m putting on a [private_monthly]bull put spread[/private_monthly] on RUT for August expiration. With a standard deviation of +/- 61 for RUT by Aug 21, I’m going a bit conservative and selling the [private_monthly]1160 puts (covering with the […]
Stock / Symbol: Tesla Motors / TSLA Option Strategy: [private_monthly]double calendar[/private_monthly] Price at trade post: $265.50 Reasoning: For TSLA’s earnings announcement scheduled for Aug 5th, I’m putting on a [private_monthly]double calendar[/private_monthly] with strikes about 15 – 20 points OTM. The Greeks currently show a delta of 0.01, a positive theta of 6.5 and a vega […]
Stock Symbol: FaceBook / FB; Option Strategy: [private_monthly]call spread + put spread[/private_monthly]; Price at this post: $85.67; Reasoning: Putting a trade on FB here to attempt to benefit from increasing volatility as Facebook’s earnings day approaches. Current greeks are: 5.2 delta, -4.6 theta, and 7.0 vega Trade Details:[private_monthly] BTO 1 FB Aug16 90 call STO […]
Stock / Symbol: S&P500 Index / SPX Option Strategy: [private_monthly]bull put spread[/private_monthly] Price at trade post: $2079 Reasoning: Going to take advantage of the increased volatility, due to the concerns over Greece, and open up a [private_monthly]bull put spread[/private_monthly] here on SPX for August option expiration. If the market returns to its recent highs, I’ll […]
Stock / Symbol: S&P500 Index / SPX Option Strategy: bear call spread Trade entry date / price: May 11 / $2108 Price at trade exit: $2110 Analysis: With SPX closing at 2110 by June expiration, the 2200 call expired worthless, enabling us to retain the full premium. Max Risk: $940 Max Reward: $60 or 6.3% […]
Stock / Symbol: Apple Inc / AAPL Option Strategy: [private_monthly]diagonal call spread + calendar put spread[/private_monthly] Trade entry date / price: 27 Apr / $131.55 Price at this adjustment: $128.74 Adjustment: Rolling up the short call on AAPL to a 135 expiring in July. With AAPL over $120 by next Friday’s expiration, going to allow […]
Stock / Symbol: Russell 2000 / RUT; Option Strategy: iron condor; Trade entry date / price: Jun 2 / $1252 Price at trade close: $1267; Reasoning: With this trade up over 5.5% already, going to close the trade here and take off the risk. Closing Trade Details: BTC -1 RUT Jun15 1300 call STC 1 […]