Monday, February 24, 2014

Initiated Bear Call Spread in $IWM for $55

BOTAPR 04 '14 122 Call Option 1IWM0.48Credit
SLDAPR 04 '14 120 Call Option 1IWM1.03-0.55

Smoothprofit: A Glimpse of option strategies of Karen, the super trader who made over 100M profits

Smoothprofit: A Glimpse of option strategies of Karen, the super trader who made over 100M profits:



'via Blog this'

Trading Business Group


I would like to form a small group of "independent" traders who:

  1. Believe that no one can manage their money better than they can!
  2. Believe that most Financial Planners put you in an investment and forget about you (Plop-and-Drop)
  3. Where group members have other jobs and interests which mandate that only 1-2 hours per day can be allocated to it.  This form of trading must permit worldwide travel and group members will be geographically dispersed. 
  4. Are willing to communicate with the other members of the group (6-7 people) online, the cloud, a Blog and Skype.
  5. Can understand Probability theory and spreads (e.g. Sell at $10 and buy it back at $9 equals a profit) while selecting trades with limited risk and small steady profits
  6. Are willing to Risk $3000 to make $600 or an APR of 20% or better. 
  7. Are capable of thinking of trading as a Business.  
  8. Are young enough to put this Trading Business to work for the long term






Sunday, February 23, 2014

Loaded for Bear

I have a bearish opinion for this week!!!

My Trades
ActLegs SpreadsWin Lose
-NDX 14MAR14 3725.0 CBear Call
+NDX 14MAR14 3775.0 CBear CallWinning
-NDX 22MAR14 3825.0 CBear Call
+NDX 22MAR14 3850.0 CBear CallWinning
-NDX 22MAR14 3875.0 CBear Call
+NDX 22MAR14 3900.0 CBear CallWinning
-NDX 28MAR14 3850.0 CBear Call
+NDX 28MAR14 3875.0 CBear CallWinning
+NDX 19APR14 3175.0 PBull Put
-NDX 19APR14 3225.0 PBull PutWinning
-NDX 19APR14 3850.0 CBear Call
+NDX 19APR14 3900.0 CBear CallWinning
-NDX 19APR14 3925.0 CBear Call
+NDX 19APR14 3950.0 CBear CallWinning
-RUT 22MAR14 1210.0 CBear Call
+RUT 22MAR14 1225.0 CBear CallWinning
-RUT 19APR14 1230.0 CBear Call
+RUT 19APR14 1250.0 CBear CallWinning
-SPX 28MAR14 1915.0 CBear Call
+SPX 28MAR14 1925.0 CBear CallWinning
-SPX 04APR14 1915.0 CBear Call
+SPX 04APR14 1925.0 CBear CallWinning
-SPX 04APR14 1930.0 CBear Call
+SPX 04APR14 1950.0 CBear CallWinning
-SPX 19APR14 1950.0 CBear Call
+SPX 19APR14 1960.0 CBear CallWinning

A Winning Option Strategy Combo - MoneyShow.com

A Winning Option Strategy Combo - MoneyShow.com:



'via Blog this'

Thursday, February 20, 2014

Initiated Bear Call Spread in $SPX for $90



SPXBear Call Spread
Start Date2/18/2014Sell to Open
TickerSPXStrike Price1915Price3.38
DTE43Strike PricePrice0.00
Today's Date20-Feb-14Buy to Open
Expiration Date4/4/2014Strike Price1925Price2.52
Strike PricePrice0.00
See http://stockplanner.blogspot.com/ for results of all trades.Credit Received$0.87[*net MAXIMUM gain for the trade…]
Received Per Contract$86.98

Tuesday, February 18, 2014

Initiated Bear Call Spread $SPX


BOTAPR 04 '14 1950 Call Option (SPXW) 1SPX1.48Credit
SLDAPR 04 '14 1930 Call Option (SPXW) 1SPX2.58-1.1

Sunday, February 16, 2014

S&P 500 Weekly Guess $SPY $SPX


Weekly Chart:  Who know - possible down.




Daily - Approaching support/resistance levels.   I'm going to play this that the SPY will end up down for the week.  



My Trade for 2/16/14

My Trades
ActLegs SpreadsWin Lose
-NDX 14MAR14 3725.0 CBear Call
+NDX 14MAR14 3775.0 CBear CallWinning
+NDX 22MAR14 3280.0 PBull PutWinning
-NDX 22MAR14 3290.0 PBull Put
-NDX 22MAR14 3825.0 CBear Call
+NDX 22MAR14 3850.0 CBear CallWinning
-NDX 22MAR14 3875.0 CBear Call
+NDX 22MAR14 3900.0 CBear CallWinning
-NDX 28MAR14 3850.0 CBear Call
+NDX 28MAR14 3875.0 CBear CallWinning
+NDX 19APR14 3175.0 PBull Put
-NDX 19APR14 3225.0 PBull PutWinning
-NDX 19APR14 3850.0 CBear Call
+NDX 19APR14 3900.0 CBear CallWinning
-NDX 19APR14 3925.0 CBear Call
+NDX 19APR14 3950.0 CBear CallWinning
+RUT 28FEB14 1120.0 PBull Put
-RUT 28FEB14 1140.0 PBull PutWinning
-RUT 22MAR14 1210.0 CBear Call
+RUT 22MAR14 1225.0 CBear CallWinning
-RUT 19APR14 1230.0 CBear Call
+RUT 19APR14 1250.0 CBear CallWinning
-SPX 28MAR14 1915.0 CBear Call
+SPX 28MAR14 1925.0 CBear CallWinning
-SPX 04APR14 1915.0 CBear Call
+SPX 04APR14 1925.0 CBear CallWinning

Friday, February 14, 2014

Initiated Bear Call Spread in $SPX for $80 Credit

BOTMAR 28 '14 1925 Call Option (SPXW) 1SPX2.2Credit
SLDMAR 28 '14 1915 Call Option (SPXW) 1SPX3-0.8

SPXBear Call Spread
Start Date2/14/2014Sell to Open
TickerSPXStrike Price1915Price2.98
DTE41Strike PricePrice0.00
Today's Date15-Feb-14Buy to Open
Expiration Date3/28/2014Strike Price1925Price2.22
Strike PricePrice0.00
See http://stockplanner.blogspot.com/ for results of all trades.Credit Received$0.77[*net MAXIMUM gain for the trade…]
Received Per Contract$76.98



Bear Call Spread in $NDX for $180


NDXBear Call Spread
Start Date2/13/2014Sell to Open
TickerNDXStrike Price3850Price6.22
DTE42Strike PricePrice0.00
Today's Date14-Feb-14Buy to Open
Expiration Date3/28/2014Strike Price3875Price4.44
Strike PricePrice0.00
See http://stockplanner.blogspot.com/ for results of all trades.Credit Received$1.78[*net MAXIMUM gain for the trade…]
Received Per Contract$177.86