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Dec/Jan- What to play?

November 19, 2006

Traditionally December and January are tough period for premium sellers. There are holidays, travel plans and time to enjoy new year bashes. Before we delve into trading plans, let’s review the big picture where we are now: Stock markets : DOW all time high, S&P high and higher, Nasdaq though…

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November 19, 2006

RUT BPS (Closed 9.6% profit)

November 18, 2006

I started this trade with the intentions of opening an Iron Condor. My first priority was to have Bull Put leg to be filled followed by Bear Call (as we are in bullish environment currently and also IV was higher on Puts then on calls). I sold 720/710 Dec bull…

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November 18, 2006

RUT Iron Condor (Closed-profit 25.8%)

November 11, 2006

This is to update that I got filled for my another leg of RUT IC i.e. 720/710 and 810/820. I bot it back for $0.25 while I sold it for $2.15. Here is the attachment of transaction: This completes my overall transaction for Nov iron condor. This trade resulted in…

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November 11, 2006

RUT Iron Condor (update-profit 27.6%)

November 9, 2006

This is to update that I have closed one of the Iron condors on RUT earning $2.10 credit on $7.60 risk. That gives me kool 27.6% for 1 month holding. Attached below is my transaction details. I still have another IC that is 720/710/810/820 that I had sold for $2.15….

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November 9, 2006

SPY Dec/Jan DD

November 4, 2006

Risk $2200/Reward $954 with upside potential I am reviewing few trades for the next month play..following is one of those. It is a double diagonal for SPY. Short Dec call (141) and Put (133), Long Jan call (143) and Put (131) for debit of $0.20/contract. It is quite market neutral…

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November 4, 2006

Phelps Dodge BCS Nov 06

November 2, 2006

Phelps Dodge. After roughly 6th attempt to cross 52wks high $102-103, PD slipped back. Based on my opinion it is forming a double repo. If true, the imminent fall is there. Just to recap, few days back PD had announced earnings as well where it had missed the expectation. The…

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November 2, 2006
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