OptionPundit

Priceline- How Did We Make Triple Digit Gains

by OptionPundit on August 5, 2010

Backspread Option Trading Strategy is one of my favorite strategies when it comes to playing large move and when I am not so sure of the direction. I like to play it especially when I am biased about the direction but I don’t want to take unnecessary risk. I first introduced this spread to OP […]

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OPNewsletter April +9.7% (closed); May +12% (Open)

by OptionPundit on April 30, 2010

While markets are struggling to make any meaningful advance, for OPNewsletter, we are having another excellent month. We closed April’10 portfolios for +9.7% gains, and for May income portfolios, we are up +12% with 3 weeks to go. These results don’t include gains on speculative trades. Another point to note, these were also two months […]

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OPNewsletter (Oct’09) Up +9.5%

by OptionPundit on October 11, 2009

88.7% capital invested, no major adjustment needed, all but one portfolios made money and closed, 1 portfolio still open (down -2.9%), OPNewsletter delivered +9.58% x -commissions and +7.8% including commissions. As good as it gets. We are starting to look out and analyze opportunities for November 2009 income portfolio. If you are not an OPNewsletter […]

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OPNewsletter (Jul’09) +5.2% (Open)

by OptionPundit on July 12, 2009

4th down week for the markets. It’s interesting to evaluate how underlyings have moved since we started our portfolios. X moved +1% to -23% and moved wildly. GDX moved from +3% to -11%, and all major market indices including S&P 500, DOW and Russell 2000 ended down, ranging from -5.5% to -6.5% (Ref point June […]

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OPNewsletter (Jul’09) + 2.64% (Open)

by OptionPundit on June 28, 2009

Overall an interesting week that it was, but I think there is more to come. On a weekly basis, it appears as if MACD and RSI are about to register sell signals. Mr. Market can go whichever direction it wants to, but hey, at the end of the day, this is all about probability. And […]

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