Trade Adjustment : QQQ

Stock / Symbol: PowerShares QQQ / QQQ Option Strategy: [Content protected for Monthly members only] Trade entry date / price: 20 Jan / $100.82 Price at this adjustment: $108.79 Current position:[Content protected for Monthly members [Read More …]

Order Update : BAC

cell tower with signal

Update: I incorrectly said to “STO” the short calls, I should have said “BTC”. The corrected order is: Trade Adjustment Details: STC 2 BAC Jan16 10 calls BTC -2 BAC MarWk1 16 calls for a [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: $1236.36 Reasoning: Never did get filled on the iron condor we attempted this week on RUT. [Read More …]

Closing Trade : BAC

green_sell_button_110x110

Stock / Symbol: Bank of America / BAC Option Strategy: [Content protected for Monthly members only] Trade entry date / price: 22 Jan / $15.82 Price at trade close : $15.80 Reasoning: Downside stop triggered. [Read More …]

Order Update : RUT

cell tower with signal

Update: re-submitted the day order at a credit of $1.25. Current mid is $1.27.

New Trade : FB

Facebook

Stock Symbol: FaceBook / FB; Option Strategy: [Content protected for Monthly members only]; Price at this post: $80.65; Reasoning: Putting on a slightly long delta trade on FB here with the idea of generating weekly [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: $1233.27; Reasoning: With an expected deviation of[Content protected for Monthly members only] on RUT. I’m selling [Read More …]

Trade Adjustment : QQQ

screwdriver + wrench for adjustment

Stock / Symbol: PowerShares QQQ / QQQ Option Strategy: [Content protected for Monthly members only] Trade entry date / price: 20 Jan / $100.82 Price at this adjustment: $108.32 Current position:[Content protected for Monthly members [Read More …]

Trade Adjustment : BAC

screwdriver + wrench for adjustment

Stock / Symbol: Bank of America / BAC Option Strategy: [Content protected for Monthly members only] Trade entry date / price: 22 Jan / $15.82 Price at this adjustment: $16.07 Reasoning: We were able to [Read More …]

Closing Trade : SCTY

green_sell_button_110x110

Stock / Symbol: Solar City Corp / SCTY Option Strategy: calendar call spread; Trade entry date / price: 7 Nov / $51.30; Price at this post: $58.65; Reasoning: With SCTY reporting earnings this afternoon, and [Read More …]