GLD new Dec month trade, Dec/20/2012

Trade closed at expiry
Sold for 80c for 220% profit
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GLD slipped in the last few days. I won't buy any puts in here for weekly nor I am expecting a big bounce. With slightly higher vol one thing that comes to my mind is a butterfly to pin 160 with high open int at 160 strikes.

GLD high open int for $160 strikes

GLD daily

SPDR Gold Trust ETF (GLD) Butterfly:  
Buy 1X $159 Dec call
Sell 2X $160 Dec call
Buy 1X $161 Dec call
(Paid 25c) 

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CMG new Dec month trade, Dec/142012

Waiting for CMG to drop by $10 or so. I think the surprise move here may be to the upside so do not want to to risk a lot of money. I thought butterfly was a cheaper way to play the downside here. Trying to make a double or more if CMG slips.

CMG Daily chart

Chipotle Mexican Grill, Inc. (CMG) Butterfly:  
Buy 1X $270 Dec put
Sell 2X $260 Dec put
Buy 1X $250 Dec put
(Paid 90c) 

*Please do your own research before buying any stock listed here. Disclaimer.
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ANF new Dec month trade, Nov/29/2012

It's tough to short a stock that is overbought but I think ANF is almost approaching a point where it is finding hard to go any higher. One can see dissipating upward pressure in daily and weekly charts. I do not see ANF going under $40 so if it goes in my direction in the next few days, I will try to convert this into some logical spread.

Daily chart

Weekly chart

Abercrombie & Fitch Co. (ANF) Puts:  
Buy $45 Dec put
(Paid $1.3) 

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SPX analysis, no new trades, Nov/20/2012

Watching for the SPX to start rolling down again after VIX expiry on Wednesday. One can see how TLT is down 1% for the day which might bring a little rally tomorrow and possibly on friday. I will be looking to enter some short positions tomorrow and friday to see if we hold these higher levels. VIX is at good levels right now and I am ready to buy dips here under $15 level. Looking to get in SPX put spreads and VIX call spread, while I play my other short term positions.

SPX daily chart

SPX daily chart showing a possible down-trend to continue

TLT daily chart supporting SPX

VIX daily chart

 
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GLD new Dec month trade, Nov/16/2012

Expired worthless for 100% profit
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Actually took this trade 2/3 days back when GLD volatility was slightly higher.

SPDR Gold Trust ETF (GLD) Iron Condor:  
Buy 1X $155 Dec put
Sell 1X $157 Dec put
Sell 1X $174 Dec call
Buy 1X $176 Dec call

(Got 53c) 

*Please do your own research before buying any stock listed here. Disclaimer.
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VMW entire trade closed, Nov/16/2012

Trade update (Nov/16/2012):
Sold the remaining half for $1.75 for approx 550% profit
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Original post details here

VMW trade closed

Trade update (Nov/13/2012):
Sold half for 65c for 140% profit
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details here

AAPL new Weekly trade, Nov/08/2012

Trade update (Nov/09/2012):
Expired worthless for 100% profit
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For Apple, 525 range is almost like a 2 standard deviation move for the weekly. I wanted to take this opportunity to sell some naked puts. It does take a lot of margin and is extremely risky, but I like the odds here. My stop at $2 in case this goes sharply against.

Apple inc (AAPL) Naked sell:  
Sell 1X $530 Weekly put
(Got $1.25) 

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