Stock / Symbol: Apple Inc / AAPL Option Strategy: [private_monthly]diagonal call spread[/private_monthly] Trade entry date / price: Jan 23 / $555 Price at trade post: $527 Current Position: [private_monthly] Long 2 AAPL 10(Mini) Jan15 525 calls Short -1 AAPL 10(Mini) Feb14 530 call at a net cost of $48.65 per mini contract [/private_monthly] Adjustment: Rolling […]

Stock / Symbol: Google / GOOG Option Strategy: diagonal call spread Trade entry date / price: Jan 30 / $1140 Price at this post: $1203 Reasoning: For those who didn’t close this trade out 2 weeks ago, we’ve be rewarded with additional gains. However, with our short call ITM, I’m going to book the win […]

Stock / Symbol: Google / GOOG Option Strategy: diagonal call spread Trade entry date / price: Jan 30 / $1140 Price at this post: $1170 Reasoning: With GOOG up 3.5% this morning (post earnings) our trade is up just over 23% at the moment. For those of you who’d like to book a 20 to […]

Adjust max debit up to $96.50. I was filled at $95.45.

Stock / Symbol: Google / GOOG Price at trade post: $1140 Option Strategy: diagonal call spread Reasoning: With earnings due out this evening, I’m putting on slightly positive delta trade on GOOG in an effort to catch a positive earnings report. If I’m wrong, the trade structure does afford some downside protection (to about 1120). […]

Stock / Symbol: Apple Inc / AAPL Option Strategy: [private_monthly]diagonal call spread[/private_monthly] Trade entry date / price: Jan 23 / $555 Price at trade post: $502 Current Position: [private_monthly] BTO 1 AAPL 10(Mini) Jan15 525 call STO -1 AAPL 10(Mini) JanWk5 575 call at a net debit of $63.48 per contract Adjustment: I’m going to […]

Stock / Symbol: Apple Inc / AAPL Option Strategy: [private_monthly]diagonal call spread[/private_monthly] Price at trade post: $555 Reasoning: I’m bullish on AAPL and am looking for a pop on their Jan 27 earnings announcement. Not risking much here (using minis) in case we get a negative earnings announcement. If things go bad, we can simply […]

Stock / Symbol: SPDR DOW Jones Industrial Avg ETF / DIA Option Strategy: [private_monthly]diagonal put spread[/private_monthly] Price at trade post: $147.90 Reasoning: Playing a further pullback in the market / increase in volatility. This diagonal spread also incorporates the characteristics of a ratio spread as it’s long more options than it is short. The Greeks […]

Stock / Symbol: Bank of America / BAC Option Strategy: [private_monthly] diagonal call spread[/private_monthly] Trade entry date: Dec 13 Price at trade entry: $10.55 Price at trade exit: $11.43 Current Position: Long 5 BAC JanWk1 11 calls Short -4 BAC DecWk4 10 calls Reasoning: Well, I was wrong about this one. Although it looked like […]