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 »

6.05 (-0.06)

06/03/2010 – ThetaOptions Margin Portfolio – June PUTs Rolled

The (mp) rolled the June 7 short Puts to the August. It’s hard to say how much farther BSX might fall, but hopefully they find their legs soon. Read the rest of this entry »

108.56 (-1.15)

04/07/2010 – ThetaOptions Margin Portfolio – Short PUTs SOLD – FREE BEAR PUT Spread in-place

We’ll that didn’t happen as planned, but we’ll take it.  We sold (3) 107’s for the same price we bought the 108’s for yesterday. We now have (3) FREE $1 BEAR PUT Spreads for next week’s OpEx.

Read the rest of this entry »

22.59 (-1.05)

03/29/2010 – ThetaOptions MarginPortfolio – RSH APR10 Calls Closed – Profit $105

The (MP) has closed down our Radio Shack Short position from last Friday….We sold (3) calls naked for 0.60 each during the morning run-up & bought them back ONE day later for $105 profit. Read the rest of this entry »

601.47 (+21.75)

03/23/2010 – ThetaOptions Margin Portfolio – BIDU MAY Position Initiated

Well we dodge the bullet last month by getting out of our MAR 550 Caller before BIDU blasted past it…..this morning GS raised it’s guidance on BIDU to $675, so we felt the time is fairly safe for the (MP) sell another naked caller during the initial excitement today.  Hopefully they don’t raise their price target to GooglePlex (a large number) before MAY 21st Read the rest of this entry »