May 27th, 2010. Posted by ThetaTrader
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.
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February 24th, 2010. Posted by ThetaTrader
115.45 (+1.76)
03/12/2010 – ThetaOptions Margin Portfolio – Closing Positions – Profit $450
We let this trade run until the PUTs were basically worthless before buying them back. It turns out, the day we sold those second rounds of PUTs was the last time the stock ventured below $100. We booked 10% profit off the margin consumed to make this trade happen. Read the rest of this entry »
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January 5th, 2010. Posted by ThetaTrader
125.44 (+1.22)
02/18/2010 – ThetaOptions Margin Portfolio – FEB FSLR Strangle Closed
There no sense waiting for the earnings report tonight, so the (MP) decided to buy back the short PUTs now. Although we seriously doubt the stock will drop below $90 tomorrow
We original opened this wide strangle for $300 credit & made one adjustment a few weeks ago. Read the rest of this entry »
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December 8th, 2009. Posted by ThetaTrader
01/06/2010 – ThetaOptions Margin Portfolio - Trade CLOSED – Profit $235
Once again with only $20 left to collect after we deduct the assignment fees; we’ve deciced to free up the margin & close down this trade now for $235 profit.
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