Stock / Symbol: SPDR S&P 500 ETF / SPY; Option Strategy: [private_monthly]bear call spread[/private_monthly]; Trade Entry date / price: 20 Nov / $209.40 Price at trade exit: $209.60; Reasoning: Up 13% on the trade in just over a week. Closing out here to take off the risk on an upside move in the market. Trade […]

Stock / Symbol: SPDR S&P 500 ETF / SPY; Option Strategy: [private_monthly]bear call spread[/private_monthly]; Price at trade post: $209.40; Reasoning: Putting on a [private_monthly]bear call spread with Dec Week1 options[/private_monthly] on SPY. This trade’s greeks are: -20.8 Delta, 3.7 Theta, and -8.2 Vega. We’ll look to adjust / close the trade at our stop level. Trade Details:[private_monthly] […]

Stock / Symbol: S&P500 Index / SPX Option Strategy: bear call spread Trade entry date / price: May 11 / $2108 Price at trade exit: $2110 Analysis: With SPX closing at 2110 by June expiration, the 2200 call expired worthless, enabling us to retain the full premium. Max Risk: $940 Max Reward: $60 or 6.3% […]

Stock / Symbol: S&P500 Index / SPX Option Strategy: [private_monthly]bear call spread[/private_monthly] Price at trade post: $2108 Reasoning: Opening up a [private_monthly]bear call spread[/private_monthly] here on SPX for June option expiration. If we get a quick move down in the market, I’ll look to add [private_monthly]bull put spread, and thus turning the trade to an […]

Update: Our day order for the new RUT [private_monthly]bear call spread[/private_monthly] was not filled on Friday. Looking for a revised trade on RUT to put into play sometime this week.

Stock / Symbol: Russell 2000 / RUT; Option Strategy: [private_monthly]bear call spread[/private_monthly]; Price at trade post: $1236.36 Reasoning: Never did get filled on the iron condor we attempted this week on RUT. With this market upswing, I’m now going with a [private_monthly]bear call spread[/private_monthly] on RUT. With an expected deviation of[private_monthly] +/- 52 points between […]

Stock / Symbol: S&P500 Index / SPX Option Strategy: bear call spread Original trade entry date / price: Jan 23 / $1822 Price at this post: $1873 Update: I was filled today on the suggested adjustment at a debit of $0.35 per contract. Trade Adjustment Details: [private_monthly] BTC -2 SPX Mar14 1915 calls STC 2 […]

Stock / Symbol: S&P500 Index / SPX Option Strategy: bear call spread Original trade entry date / price: Jan 23 / $1822 Price at this post: $1857 Current Position:[private_monthly] Short -2 SPX Mar14 1915 calls Long 2 SPX Mar14 1925 calls at a net credit of $0.55 per contract [/private_monthly] Adjustment: With our upside stop […]

Please note that we’re selling the [private_monthly]1925 calls and not the 1920 calls. Trade Details: STO -2 SPX Mar14 1915 calls BTO 2 SPX Mar14 1925 calls for a min net credit of $0.45. I was filled at $0.50 [private_monthly]