New Trade : QQQ

Green On Button for new trade

Stock / Symbol: PowerShares QQQ / QQQ Option Strategy: [Content protected for Monthly members only] Price at trade post: $64.20 Reasoning: I’m adding this position to smooth out the greeks on our open positions + [Read More …]

Closing Trade : BAC

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Stock / Symbol: Bank of America / BAC Option Strategy: [Content protected for Monthly members only] Trade entry date: Dec 13 Price at trade entry: $10.55 Price at trade exit: $11.43 Current Position: Long 5 [Read More …]

Closing Trade : RUT

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Stock / Symbol: Russell 2000 / RUT Option Strategy: bear call spread Trade entry date: Dec 19 Price at trade entry: $850.50 Price at this post: $838.80 Current Position: Short -3 RUT Jan13 885 calls [Read More …]

Trade Adjustment : BAC

Stock / Symbol: Bank of America / BAC Option Strategy: [Content protected for Monthly members only] Price at trade entry: $10.55 Price at this adjustment: $11.27 Adjustment: Buying back one of the short calls to [Read More …]

New Trade : DIA

Green On Button for new trade

Stock / Symbol: SPDR Dow Jones Industrial Average / DIA Option Strategy: [Content protected for Monthly members only] Price at trade post: $132.90 Reasoning: Between now and January expiration, the standard deviation calculation for DIA [Read More …]

Order Adjustment : RUT

cell tower with signal

Stock / Symbol: Russell 2000 / RUT Option Strategy: [Content protected for Monthly members only] Adjustment: didn’t get filled on the 890/900 call spread, so I switched to a 885/895 spread and a 900 protective [Read More …]

New Trade : RUT

Green On Button for new trade

Stock / Symbol: Russell 2000 / RUT Option Strategy: [Content protected for Monthly members only] Price at trade post: $850.50 Reasoning: With 30 days till January expiration, I’m putting on a [Content protected for Monthly [Read More …]

New Trade : SPY

Green On Button for new trade

Stock / Symbol: SPDR S&P 500 ETF / SPY Option Strategy: [Content protected for Monthly members only] Price at trade post: $144.90 Reasoning: With 31 days left till January expiration, we’re putting on an[Content protected [Read More …]

Trade Adjustment: AAPL

screwdriver + wrench for adjustment

Stock / Symbol: Apple Inc / AAPL Option Strategy: [Content protected for Monthly members only] Price at trade entry: $543 Price at this post: $515 Reasoning: Stop level hit, closing current position to prevent further [Read More …]

New Trade : BAC

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Stock / Symbol: Bank of America / BAC Option Strategy: [Content protected for Monthly members only] Price at trade post: $10.55 Reasoning: BAC has had a real nice run and it’s up nearly 50% since [Read More …]