Stock / Symbol: S&P500 Index / SPX Option Strategy: bear call spread (originally: bull put spread) Original trade entry date / price: Jan 23 / $1822 Price at this post: $1840 Reasoning: Shitfting over to the Mar expiration options. For those new to this trade, this is a good entry point. We’re going to put […]
Stock / Symbol:Nasdaq 100 / NDX Option Strategy: bear call spread ; Trade entry date / price: Oct 18 / $3350 ; Price at trade post: $3392 ; Reasoning: Upside stop surpassed today. As we’ve done well with our other trades this month, I see no point in attempting to adjust this trade / continue […]
Stock / Symbol:Nasdaq 100 / NDX Option Strategy: [private_monthly]bear call spread[/private_monthly] ; Price at trade post: $3350 ; Reasoning: I’m putting on a [private_monthly] bear call spread[/private_monthly] on NDX for November options expiration. The trade’s greeks are: -2.44 delta, 6.5 theta, and -35 vega. If we get a pullback in the markets, I’ll look to […]
Stock / Symbol: Amarin Corp / AMRN Option Strategy: [private_monthly]bear call spread[/private_monthly]; Price at trade post: $5.40 Reasoning: Last week, AMRN got hit with some negative findings from the FDA regarding its Triglyceride lowering drug. It seems that the Street is betting that the stock’s hit was an overreaction but I do think it’s unlikely […]
Stock / Symbol: JC Penney / JCP Option Strategy: [private_monthly]bear call spread[/private_monthly]; Price at trade post: $14.47 Reasoning: With it’s fundamental challenges, and expecting JCP to hit resistance at its 50 day average, I’m putting on a[private_monthly]bear call spread[/private_monthly]. This trade’s Greeks are: -91 delta, 3.4 theta, and -3.6 vega. The probability of success on […]
Stock / Symbol: S&P500 Index / SPX Option Strategy: [private_monthly]bear call spread to iron condor[/private_monthly] Trade entry date / price: May 14 / $1647 Price at this post: $1646 Current Position: [private_monthly] short -2 SPX Jun13 1735 calls long 2 SPX Jun13 1745 calls at an effective debit of -0.02 per contract. Adjustment: Going to […]
Stock / Symbol: S&P500 Index / SPX Option Strategy: [private_monthly]bear call spread to iron condor[/private_monthly] Trade entry date / price: May 14 / $1647 Price at this adjustment: $1645 Current Position: [private_monthly] short -2 SPX Jun13 1735 calls long 2 SPX Jun13 1745 calls at an effective debit of -0.02 per contract. Reasoning: Looking to […]
Stock / Symbol:Nasdaq 100 / NDX Option Strategy: [private_monthly]bear call spread to iron condor[/private_monthly] Trade entry date / price: May 16 / $3014.50 Price at trade post: $2979 Current Position:[private_monthly] short -1 NDX Jun13 3175 call long 1 NDX JUn13 3200 call at a net credit of $1.28 per contract[/private_monthly] Reasoning: We’re upon on the […]
Stock / Symbol: S&P500 Index / SPX Option Strategy: [private_monthly]bear call spread[/private_monthly] Trade entry date / price: May 14 / $1647 Price at this adjustment: $1668 Reasoning: Upside stop triggered. Rolling up the call spread. The revised greeks will be: -4.7 delta, 6.5 theta, and -30 vega. Setting a new upside stop at [private_monthly]1691[/private_monthly]. While […]
Stock / Symbol:Nasdaq 100 / NDX Option Strategy: [private_monthly]bear call spread[/private_monthly] Price at trade post: $3014.50 Reasoning: With 34 days till Jun expiration, I’m putting on an [private_monthly] bear call spread[/private_monthly] on NDX. We’ve got an expected deviation of[private_monthly] +/- 122 points between now and May expiration; but with how strong this market has been, […]