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BookingAlpha Option Trading Advisory

Sunday, October 28, 2012

Weekend Portfolio Analysis (2012-10-28)

The S&P500 started the week at 1433.21 and closed at 1403.28 for a loss of -2.09%. Pretty much in line with my analysis last weekend. I took advantage of the weakness on Tuesday and  opened a Bull put spread with RUT 750/745 using November options.

Tuesday, October 23, 2012

November RUT Bull Put Spread

As per my tweet today at 10:53 am.

SELL 3 RUT November 750 Put (@3.80)
BUY 3 RUT November 740 Put (@2.95)

Sunday, October 21, 2012

Weekend Portfolio Analysis (10-21-2012)

Options expiration was on Friday and along with it the October cycle in the portfolio was closed with the RUT 910/915 Bear Call spread expiring for full profit of 16.28% return on margin. The October expiration cycle closed with only two trades, a $454 return before commissions, $334 after commissions which represents +2.57% growth on a total portfolio of $12977. You can check out all the details here. Overall, 11 months of trading activity have yielded 26 winners, 5 losers and a +33.11% performance after commissions.

Saturday, October 13, 2012

Weekend Portfolio Analysis (10-13-2012)

We saw mostly weakness this week with the S&P500 going from 1460.93 to a close on Friday at 1428.59, for a total loss of  2.21%. A new position was traded this week, but first let's talk about the October expiration cycle which comes to an end on Friday the 19th, that's 6 days from today.

Wednesday, October 10, 2012

November SPY Bull Put Spread

As per my tweet today a  few minutes before market close.

SELL 15 SPY November 137 Put (@0.97)
BUY 15 SPY November 135 Put (@0.71)

Sunday, October 7, 2012

Weekend Portfolio Analysis (10-07-2012)

The SP500 started the week at 1440.90 and closed at 1460.93 on Friday. A gain of 1.39% for the week. Supposedly 114000 new jobs were created and the unemployment rate went down to 7.8%, first time below 8% in almost four years. Of course this figure is to be taken lightly as revisions might ensue as it has happened in the past. But anyways, the market kept slowly inching higher.