IRA - Boston Scientific May/August Spread

IRA – Boston Scientific May/August Spread

April 9th, 2010. Posted by ThetaTrader

6.95 (-0.03)

04/09/2010 – ThetaOptions IRA Portfolio – Bullish Spread Init

The IRA has initiated a bullish position on Boston Scientific this afternoon after we noticed some unusual option activity on May & August strikes. In addition to purchasing the stock, we also purchased equal amounts of calendar spreads. Read the rest of this entry »

Boston Scientific May/August Spread

April 9th, 2010. Posted by ThetaTrader

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 »