Updates to the "Last 10 trades" section of the blog will be made shortly.
- Stock Options Ideas and Strategies
Wednesday, March 7, 2012
Position 53 Closed
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Updates to the "Last 10 trades" section of the blog will be made shortly.
Tuesday, March 6, 2012
Alert 53 : SPY Diagonal Spread
SPY Butterfly at $1.36
(+ MAR 09 '12 133 Call
- MAR 09 '12 136 Call
- MAR 09 '12 136 Call
+ MAR 09 '12 139 Call)
Comments: SPY has a support at 134.30. The trade will be profitable if SPY closes between 134.36 and 137.64 by closing on March 09, 2012.
Updates to the "Last 10 trades" section of the blog will be made shortly.
Monday, March 5, 2012
Alert 52 : TEX Calls
+ TEX APR20 '12 22 Call at $2.50
Comments: Speculative trade for a market rebound. Given the market conditions, I will trade it with a 20% stop loss, which will hit just below the support at $22.50.
Updates to the "Last 10 trades" section of the blog will be made shortly.
Sunday, March 4, 2012
600% Gains as of March 1st, 2012
Market always present several stocks on the long and short sides. Nasdaq has been rallying on the strength of Apple. Apple ipad news may drive the market on Wednesday specially the semiconductor and WiFi data providers. For Monday, I look forward to trading either of SPY, QQQ, Sears, Wynn, Russell 2000 Index fund. It may a smart idea to open a long-term GLD position. 1700/1650 is the strong support for the gold. A specific stock pick depends upon the market action.
I'd either close or rollover open QQQ positions this week. Note that a dividend on March 16 is favoring the put spreads. It is likely that GILD will return about 50% gains if market doesn't retreat balancing the losses on the open QQQ positions. This is the primary reason for not closing GILD position so far.
Overall, the portfolio is in the great shape. Over 600% gains are booked so far, and the portfolio is up 80%.
Enjoy reading this great educational resource.
Thursday, March 1, 2012
Closed position 50 at 28% Gain
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Updates to the "Last 10 trades" section of the blog will be made shortly.
Closed Position 51 for 15% Gains in 1-Day
Closed Position 51 for 15% Gains in 1-Day
Comments: It may fall further, but I do want to book gains at target price.
Updates to the "Last 10 trades" section of the blog will be made shortly.
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