Short Term Trades

Credit Suisse Suggests a Butterfly Option Trade

Butterfly Option Trade: The following is from a Barrons article by STEVEN M. SEARS Butterfly Option Trade on Sprint IF THE FEDERAL RESERVE can print money, so can you. All you need is a little cash, and a ton of nerve. Consider Sprint Nextel (ticker: S). The $4 stock is a dog; it has declined…

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Stock Options Trading From Goldman Sachs

The following is from a Barrons article by STEVEN M. SEARS A STRADDLE FOR GE SHARES OF GENERAL ELECTRIC (ticker: GE) have been a disappointment for much of the 21st century. The stock has lost half of its value in the past five years, and it’s gone nowhere in the past three months. But there…

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GLD Calendar Option Spread Update 9/29/10

GLD Calendar Option Spread Here’s an update on GLD calendar option spread. Ok so GLD has continued to drift higher. It hit the upside breakeven of the calendar today and then pulled back a few cents. Time to add the adjustment. I added the 128 Oct/Nov Calendar in the same amount of contracts as the…

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GLD Calendar Spread Option Update

Calendar spread option update: It’s been a few days and GLD continues moving up slowly. The weekly calendar needed to be adjusted but since it expires today I am not posting the picture here. The Oct/Nov Calendar is still within the breakevens. It is trading right now at $126.72 and the upside breakeven is $127.95.…

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Iron Condor Option: Sample Iron Condor Trade

Iron Condor Option: Sample Iron Condor Trade Here is an iron condor option trade I am looking at today. Iron Condor in YUM: Sell 6 Sept 46 Calls,   Buy 6 Sept 48 Calls Sell 6 Sept 42 Puts, Buy 6 Sept 40 Puts Thinkorswim is showing the mid price to be .18 cents. So…

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Option Return: 17.39% in Just One Day

Would you like a 17% one day option return? That’s what one of my members got today. He actually did much better than I did. I am still in this trade. He was able to get in at a much better price than I did yesterday and already exited the trade today. Butterfly option trade…

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Options Trading: Google (GOOG) Going to $600

A little over a year ago I went to one of those free options trading seminars provided by companies that want you to sign up for their coaching or options training training. The concept they were teaching was day trading and so it did not interest me very much, but a couple things the speaker…

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Gold Trading: Should You Be Buying Gold?

Gold Trading: Is Gold a bubble or the trade of a lifetime? Maybe both. I have not been in the gold trade myself. But several of my members are, and doing very well so far. Here is a chart provide by one such member. It shows that the stock of gold companies, miners, etc continue…

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