Tag: Double Diagonal
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How to Play Google (GOOG) Earnings
How to play Google (GOOG) earnings and how to benefit from Implied volatility crush post google earnings is on the minds on almost every option traders I have met or spoken to. But before I proceed further let me share that earnings are usually 50/50 at best i.e. in-spite of complete detailed research you may still end-up being wrong.…
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OPNewsletter Jul 2010 Up +8.3%
We are on track for our 28th positive month of OPNewsletter phase-2, as of last Friday close OPNewsletter Jul 2010 portfolio is up +8.3% on the maximum investment of almost 60% of portfolio capital. We have started opening Aug 2010 portfolios and our first portfolio is already positive. Let’s talk consistency first, especially on trades…
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OPNewsletter May +18%, June +5.3% (Open)
Another turbulent and volatile period! Last week started with a huge gap up rally after EU announced a $1trillion bailout package but by weekend it was a different story. Now there are questions on how solid it was. The confidence barometer, Euro, is now 4 years low and maybe even headed for $ parity as…
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OPNewsletter April +9.7% (closed); May +12% (Open)
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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A Straddle Strangle Swap on Berkshire
This post will explain what’s a Straddle Strangle Swaps option trading strategy? And also share a trade idea on how to use this strategy on Berkshire Hathaway (BRK.B) to make some money while learning it as well. A Straddle Strangle Swaps (SSS) is the sale of a front-month Straddle and the purchase of a back-month…
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RIMM- A Speculative Play
RIMM is going to announce earnings Thursday after market close. It will be followed by Options Expiration on Friday. The IVs will drop significantly post earning announcements. What to expect from earnings; Here is from briefing.com- RIMM Research In Motion: Expect strong Q1, with gross margin bounce and follow-on catalysts for Q2 outlook – Caris…
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A Record Month OPN (Jun’09) up +14.7%
June 2009 was a record month (2009) for OPNewsletter! Overall June’09 OPN is closed up +14.7% (x- brokerage commissions) and +12.1% (including commissions). We invested almost 60% of 10K assumed capital across various sectors and diversified strategies. All the portfolios were closed positively. Overall an excellent performance that was almost double the OPNewsletter objective of…
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OPNewsletter – May’09 (+9.48%), Jun’09 (Open)
OPNewsletter closed May’09 for +9.48% x-commissions and +6.76% inclusive of commissions. As I stated earlier, after many months of waiting, we crossed our 60% portfolio investment target. It’s always an advantage if the capital was preserved. Yes we did have a few months of low returns, but that preserved capital is an out performance (vs…
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OPNewsletter : May’09 (+11.2%), Jun’09 (Opening Shortly)
It feels great when a single covered call option spread (done only @ 7.3% of 10K portfolio) can deliver OPNewsletter monthly subscription fee, cover commissions and still deliver profits, without making adjustments throughout the holding period. And what if the newsletter doesn’t get a single cent if doesn’t deliver profits? Welcome to OPNewsletter (A “No…
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OPN Apr’09 +12.5%, 15th Positive Month (Out of last 16)
Get ready for an action filled week that has lot of economic data flowing in, traders returning from holidays and banks announcing earnings. Of course, Banks have to have positive impact due to “relaxation” in Mark-to-market accounting rules. This week is also flooded with other earnings and option expiration schedule, an excellent environment for exceptional…