101.02 (-1.58)
06/04/2010 – ThetaOptions Margin Portfolio – DIA PUT Protection Initiated
Well, what an interesting turn of events today. The so called “expert” economists predicted that the US economy would add 1/2 million jobs, however we came up short this morning. Worse yet, 90% of the jobs created were from temporary government Census workers. While many economic indicators continue to point upward, it’s hard to believe the US economy will experience a “V” shape recovery without some serious conviction of adding some new jobs. It’s really hard not to laugh at these jokers reporting the news, while Capt. Cramer tells us to buy now, buy, buy, buy!
Ok, enough said. The (mp) is adding some portfolio protection for the end of the year; just in case this market heads south for the winter 
Earlier this morning we sent out a trade alert to our members which outlines the strikes involve on our DIA protection play. Read the rest of this entry »
76.85 (+0.92)
06/03/2010 – ThetaOptions Margin Portfolio – Bidu Back/Ratio Strangle Initiated
The (mp) has initiated a new position on Bidu earlier today for the month of July. A trade alert was sent out to our members shortly after the position filled. This particular option trade is an unusual Back/Ratio Strangle Read the rest of this entry »
101.83 (-0.88)
05/28/2010 - ThetaOptions Margin Portfolio – DIA June Back/Ratio
The (mp) is adding a June DIA Back/Ratio for protection. We already have several bullish plays running, so this back/ratio will provide some downside protection for our portfolio. Read the rest of this entry »
11.63 (+0.37)
05/27/2010 – ThetaOptions IRA Portfolio – Alcoa Diagonal
The IRA is going to take a small bullish diagonal on Alcoa. Hopefully the stock finishes below our June Strike & then we can continue to sell more options against our LEAPs. Read the rest of this entry »
23.05 (+0.65)
06/03/2010 – ThetaOptions Margin Portfolio – Macy’s Short Call Protection
The (mp) has decided to add some protection to our June naked Calls by.. Read the rest of this entry »
113.13 (+2.78)
05/27/2010 – ThetaOptions Margin Portfolio – FSLR JUN 2010 Strangle Initiated
The Margin Portfolio has issued a JUNE Strangle on First Solar again. This trade consumes about $1400 in margin & is capable of making 15% in 3 weeks.
Read the rest of this entry »
108.83 (+1.01)
05/26/2010 – ThetaOptions Margin Portfolio – SPY Bullish Spread
In order to ensure that our (mp) portfolio beats the S&P this year, we decided to place a few DEC spreads on the SPY just in case this market finishes the year on a positive note. Earlier this afternoon we sent a trade alert to our members; detailing the trade. Essentially, we entered into DEC Three-Legged Option spread on the SPY. The trade is capable of producing 70% return on investment, and the best part is that we’re not on the hook unless the index falls another 15% or so Read the rest of this entry »
65.23 (+0.90)
05/26/2010 – ThetaOptions IRA Portfolio – IWM Bullish DEC Hedge
The IRA is opening a bullish year end hedge on the Russell Small Cap IWM ETF. We’re placing a DEC Bull Call spread & selling a wide Bull PUT spread to help fund this position. We’re committed to buying the IWM at $50 per shares, that’s about 22% discount from today’s current price of $65. Our actual price would be about $52 per share. Read the rest of this entry »