Thursday, November 1, 2012

SBUX PCLN LNKD earnings trade, Nov/01/2012

Trade update (Nov/02/2012):
Trade-1 SBUX: Closed for 15c for 42% loss
Trade-2 PCLN: Expired worthless for  100% profit
Trade-3 PCLN: Closed for 5c for almost 100% loss
Trade-2 LNKD: Expired worthless for  100% profit
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There's high volatility in all these stocks and we want to eat premiums from atleast the weeklies. Here are some trades we are taking today.

Starbucks Corporation (SBUX) Trade for debit: 
Buy 1X $48 Monthly call 
Sell 1X $48 Weekly call
(Paid 26c)

Priceline.com Inc (PCLN) Iron Condor for credit: 
Buy 1X $655 Weekly call 
Sell 1X $650 Weekly call
Sell 1X $500 Weekly put
Buy 1X $495 Weekly put
(Got 80c) 

Priceline.com Inc (PCLN) Butterfly for debit: 
Buy 1X $590 Weekly call
Sell 2X $600 Weekly call
Buy 1X $605 Weekly call 
(Paid 75c) 
I like the risk reward in this, trying to make 9.25, risking 0.75. 

Linkedin (LNKD) Iron Condor for Credit: 
Buy 1X $120 Weekly call 
Sell 1X $115 Weekly call
Sell 1X $95 Weekly put
Buy 1X $90 Weekly put
(Got a credit of $1.75) 

*Please do your own research before buying any stock listed here. Disclaimer.
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