Intel JAN/APR Diagonal

IRA – Intel JAN/APR Diagonal

December 18th, 2009. Posted by ThetaTrader

20.75 (-0.09)

02/19/2010 – ThetaOptions IRA Portfolio – Intel FEB adjustments

We just can’t seem to get this trade right….Therefore, the IRA has decided to adjust the entire position to APR.  If INTC finishes over 21 by APR, then we’ll be happy! Read the rest of this entry »

Intel – July Position

December 16th, 2009. Posted by ThetaTrader

12/16/2009 – ThetaOptions Margin Portfolio – Intel July Position Initiated

We’ve been waiting for Intel to cross 19.50 these past few weeks in-order to open a new position on them.  This morning we’ve decided to take a fairly safe bet with them & give them 7 months to cross our line. However we’re not buying the stock today; we’re using an option spread to go long on them at 1/5 the cost. In addition, we’re stepping into this trade slowly  with commitment to add more contracts later on. Read the rest of this entry »