March 26th, 2010. Posted by ThetaTrader
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 »
January 6th, 2010. Posted by ThetaTrader
01/29/2010 – ThetatOptions Margin Portfolio – Position Closed – Profit $130
This morning our order to buy back the (2) FEB short callers filled. Read the rest of this entry »
December 15th, 2009. Posted by ThetaTrader
12/15/2009 – ThetatOptions Margin Portfolio – Position CLOSED – Profit $75
No sense waiting around for OpEx on these guys after the recent upgrade. I still think the MM’s will pin the stock to 20 by Friday, but we’re taking our money and running after yesterday 5% run up (scare).
Risk/Reward: $75/$1900 (original Margin) = 4% return on Margin Risk in (11) days…
Order:
Buy To Close: (5) RSH DEC 20 Call – 0.25 debit
Position: None
December 4th, 2009. Posted by ThetaTrader
Follow Trade>>
12/04/2009 – ThetatOptions Margin Portfolio – DEC Short Radio Shack
We’ve been watching & waiting for another chance to “short” Radio Shack. With (2) weeks left to go until OpEx, we feel it’s fairly safe to short Radio Shack now. Our cost basis will be 20.40, that gives us a 5% cushion from the current stock price of 19.45.
Order:
Sell To Open: (5) RSH DEC 20 Call – 0.40 Credit
Position: $1900 Margin for two weeks to make $200; that’s 10% risk/reward for (10) trading days.
