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: 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: PowerShares QQQ / QQQ Option Strategy: [private_monthly]put spread[/private_monthly] Price at trade post: $64.20 Reasoning: I’m adding this position to smooth out the greeks on our open positions + give us a bit more protection in the event of a market drop if/when we fly off the fiscal cliff. Our current greeks are: […]