Monthly Archives: April 2011

LVS

Posted on April 19, 2011 by admin

LVS was moving lower earlier today.  I entered a bull debit spread of long 43 and short 44, cost $.85/pair.  Potential profit $0.15.  Expiration in 2 days.  LVS’s chart is bullish.  Even when the market was dropping 1% yesterday, LVS … Continue reading →

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Today’s trade

Posted on April 18, 2011 by admin

The market went down today, but it is still within a trading range.  Here are my trades today: Bidu spread: bullish bull debit spread call, 135/140, weekly expiring in 4 days.  Cost: $4.5/pair, if Bidu stays above $140 by the … Continue reading →

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Case study of covered call & roll up.

Posted on April 15, 2011 by admin

The following example shows how to profit by using covered call + roll up (call spread).  The following case generated 15% return in 3 weeks, while FFIV’s price changed from 95.67 to 94.69, only about $1.  If you bought and … Continue reading →

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