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: $207.20 Reasoning: Putting on a [Content protected for Monthly members only] on SPY. This [Read More …]

Trade Adjustment : USO

screwdriver + wrench for adjustment

Stock / Symbol: United States Oil Fund / USO Option Strategy: [Content protected for Monthly members only] Trade Entry Date / Price: Feb 12th / $18.95; Price at this Adjustment: $17.80; Current Position:[Content protected for [Read More …]

New Trade : RUT

Green On Button for new trade

Stock / Symbol: Russell 2000 / RUT; Option Strategy: butterfly call spread; Price at trade post: $1265 Reasoning: I wanted to put on a bear call spread on RUT but with some protection, so I’m [Read More …]

Closing Trade : FB

green_sell_button_110x110

Stock Symbol: FaceBook / FB; Option Strategy: diagonal call spread; Trade entry date / price: Feb 26th / $80.65; Price at trade exit: $84.35 Current Position: Long 1 FB Jan16 80 call Short -1 FB [Read More …]

Cancelling Order : SPX

cell tower with signal

Stock / Symbol: S&P500 Index / SPX Option Strategy: [Content protected for Monthly members only] Price at trade post: $2077 Reasoning: With not much of a chance of getting the trade filled at the desired [Read More …]

Correction : SPX trade

cell tower with signal

Correction: I had the wrong expiration date for the 1840 puts. Here is the corrected order: [Content protected for Monthly members only]

New Trade : SPX

Green On Button for new trade

Stock / Symbol: S&P500 Index / SPX Option Strategy: [Content protected for Monthly members only] Price at trade post: $2077 Reasoning: Opening up an Iron Condor here with SPX for April option expiration. Working with [Read More …]

Closing Trade : QQQ

green_sell_button_110x110

Stock / Symbol: PowerShares QQQ / QQQ; Option Strategy: Double Calendar; Trade entry date / price: 20 Jan / $100.82; Price at trade exit: $104.91; Reasoning: With the market down again today, and with us [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: $106.40; Current position:[Content protected for Monthly members [Read More …]

New Trade : VXX

Green On Button for new trade

Stock / Symbol: IPATH S&P 500 VIX SHORT TERM / VXX Option Strategy: [Content protected for Monthly members only] Price at trade post: $27.00 Reasoning: With market volatility relatively low, I’m putting on a [Content [Read More …]