June 4th, 2010. Posted by ThetaTrader
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 »
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May 28th, 2010. Posted by ThetaTrader
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 »
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April 6th, 2010. Posted by ThetaTrader
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.
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February 25th, 2010. Posted by ThetaTrader
107.34 (-0.61)
03/19/2010 – ThetaOptions Margin Portfolio - DIA PUT Spread Expires Worthless
Our FREE Bear PUT spread will expire worthless today. It turns out we should have bought the 105′s for .25 or so when we had the chance….we honestly didn’t think the market would rise 5% this month…..but I guess anything is possible when Goldman Sachs is in total control of the market. You just can’t bet against their trading engines why they’re programmed to BUY,BUY,BUY or at least told NOT to SELL, SELL, SELL….at least not yet GS needs to pump this market up while they buy the PUT protection in-order to assign stocks to all those suckers!
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November 25th, 2009. Posted by ThetaTrader
<<Initial Trade
01/15/2010 – ThetaOptions IRA Portfolio - DIA JAN10 Spread CLOSED – Profit $204
We’ll we finally made it to JAN10 OpEx & it turned out those 92/101 Bull Call Spreads we had were worth the FULL $9. We existed that portion of trade (8) weeks ago for $8 credit and kept pressing our DIA PUTs up in hopes of a market correction by JAN10; obviously that never happened. However, this trade illustrates how we were able to keep the entire trade profitable while taking a bearish stance on the market’s nonsense. Overall, we’re happy with the results on this one.
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