FDX closed

Closed for $0.40 ($0.40 profit) .
Got 0.80 credit for the spread on March/21
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Entry link: FDX at support? Mar/21/2013

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GS momentum to downside? Mar/28/2013

April/08/2013: Closed for $4.30 ($1.65 profit) .
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Been waiting for banks to slow down from the last many weeks. GS made some decent push lower and I am looking for continued weakness going towards it's earnings. Earnings is scheduled for May expiry, so this is not a trade for earnings. My trade below:

GS Daily chart

GS Weekly chart

Goldman Sachs Group, Inc. (NYSE:GS) butterfly:   
Buy 1X $150 April monthly put
Sell 2X $140 April monthly put
Buy 1X $130 April monthly put
(Debit $2.65)  

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SLB trend to continue? Mar/27/2013

Update April/15: closed all 100% profit link
Update March/28:
Added another half at $0.60 as planned. My average is now $0.69
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Looking for continued weakness in SLB, and increase in Volatility towards it's earnings. Earnings is scheduled for April/19, so April expiry catches the earnings. Added half today and will add remaining tomorrow if it goes higher. My trade below:

SLB Daily showing decreasing Volatility

SLB weekly

Schlumberger Limited. (NYSE:SLB) buy puts:   
Buy $72.5 monthly put
(Debit $0.78)  

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FDX at support? Mar/21/2013

FDX, FedEx Corporation got hammered after the earnings. This trade below can be tricky to handle trying to go against the momentum. Looking at 2 year chart, we are in the range of previous highs. April two standard deviation move also brings us to the same range. Looking at those two things, I initiated the trade given below.

I also like 92.5 or 90 put calender (monthlies) in this scenario, where we know the momentum is to the downside but we might chop around this range for a few days/weeks before possibly heading down more in the coming months. This way you give yourself some time to decide what to do with the may put while you eat the April premium. I got the 90 put calender.

FDX Weekly

FedEx Corporation (NYSE:FDX) sell put vertical:  
Sell 1X $95 monthy put 
Buy 1X $92.5 monthly put
(Credit $0.8) 


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DWA upswing, Mar/13/2013

DWA, Dreamworks Animation Skg Inc(NASDAQ:DWA), is trying to move out higher of the long term consolidation range. To me it looks more of a long term signal to get long at any dips. I had a 20 call calender from the earnings play I did, which is now almost 4X. I am now ready to buy any dips in the coming days or weeks, and looking for continued strength in DWA.

DWA weekly chart

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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)  

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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)  

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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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