Tuesday, February 5, 2013

VHC new calender, Mar/12/2013


Wanted to take advatage of high volatility in VHC for this expiry. The difference in march and april volatility makes it good for a calender. Here's my trade.

VHC daily chart

VHC daily chart showing a consolidation pattern






























VirnetX Holding Corporation (VHC) put calender:  
Sell 1X $34 March month call 
Buy 1X $34 April month call
(Paid $1.6)   

VirnetX Holding Corporation (VHC) call calender:  
Sell 1X $37 March month call 
Buy 1X $37 April month call
(Paid $1.35)  

*Please do your own research before buying any stock listed here. Disclaimer.
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SPY new weekly trade, Feb/05/2013

Update: Breakeven on this trade or minimal loss.
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Don't like the correlations for this week and wanted to fade SPY move today. Here's my trade.


TLT weekly

VIX weekly

SPY weekly

















































SPY double vertical:  
Buy 1X $152 weekly put
Sell 1X $151 weekly put 
Sell 1X $151.5 weekly call
Buy 1X $152.5 weekly call
(Paid 6c)  

*Please do your own research before buying any stock listed here. Disclaimer.
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BBRY new weekly trade, Feb/05/2013

Update: Breakeven on this trade at expiry.
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BBRY daily chart shows a slowdown in the speed. I wanted to fade the move and here's my trade:


BBRY daily chart




Research In Motion Ltd (NASDAQ:BBRY) Sell vertical:  
Sell 1X $16 weekly call
Buy 1X $17.5 weekly call
(Credit 50c)  

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Tuesday, January 8, 2013

GOOG new weekly trade, Jan/08/2012

Sold double vertical at expiry for $5 (paid $1) for 400% profit
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GOOG bullish.

GOOG daily




Google Inc (NASDAQ:GOOG) double vertical:  
Sell 1X $730 weekly put
Buy 1X $725 weekly put
Buy 1X $730 weekly call
Sell 1X $735 weekly call
(Paid $1)  

*Please do your own research before buying any stock listed here. Disclaimer.
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SPX trade modified, Jan/08/2012

Expired worthless for 100% profit
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Closed my weekly position on friday for $1.2 (20% loss) as soon as the markets started to break the highs but sill wanted to fade new highs going into next week and sold a credit spread in SPX. just wanted to give a little time to markets to break this new high at these levels.


















SPX sell vertical:  
Sell 1X $1480 weekly call
Buy 1X $1485 weekly call
(Got a credit of $1)  

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Friday, January 4, 2013

SPX new weekly trade, Jan/04/2012

Trade closed for $1.2 for 20% loss
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Sold a couple of SPX vertical spreads for intra day. My stop at double the loss. I think it will be hard to break higher today.


















SPX sell vertical:  
Sell 1X $1465 weekly call
Buy 1X $1470 weekly call
(Got a credit of $1)  

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Thursday, January 3, 2013

TLT new weekly trade, Jan/03/2012

Expired worthless for 100% profit
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TLT made a strong move in the last few days. The fiscal cliff talks made a huge impact in the market and TLT with a downward momentum is now almost 2 standard deviation away for the weekly expiry. It can also be seen at a horizontal support from august . I wanted to play the bounce or a stall in TLT for tomorrow and here's my trade below.

TLT weekly

















TLT daily chart with standard deviation extremes

















iShares Barclays 20+ Yr Treas.Bond (TLT) sell vertical:  
Sell 1X $118 weekly put
Buy 1X $116 weekly put
(Got a credit of 54c)



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WYNN new bullish trade, Jan/03/2012

I like the upside for WYNN but am also skeptical that it can chop in this range for a while so went for a skewed covered call in this case. Trade below.

















Wynn Resorts, Limited (WYNN) covered call skewed:  
Buy 100X stock (at $119.7) 
Sell 1X $120 jan12 weekly call (credit $1.6) 
Sell 1X $125 Jan month call (credit $0.6)




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