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| MCM APRIL 2008 WATCH list 4-8-08
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Steve Gail 4/8/2008 5:40:32 PM
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| KLAC put spread filled
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Steve Gail 4/8/2008 9:49:01 AM
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KLAC put spread filled
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| MCM APRIL 2008 WATCH list 4-7-08
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Steve Gail 4/7/2008 10:12:33 PM
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| CRDN put spread filled....
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Steve Gail 4/7/2008 10:04:52 AM
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CRDN put spread filled
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| MCM APRIL 2008 WATCH LIST 04-04-08
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Steve Gail 4/4/2008 8:54:58 PM
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| MCM APRIL 2008 Adding KLAC put spread 4-4-08
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Steve Gail 4/4/2008 1:34:29 PM
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We are recommending the selling of the KLAC put credit spread to slightly hedge our KLAC call position. When this position is put on we will in essence have a short straddle on the KLAC 40 strike price. ( we will be short the APRIL KLAC 40 put and call
We are recommending the following specific put spread for KLAC
KLAC $40.17
SELL KCQ-PH KLAC APR $40.00 PUT CREDIT= $0.80
BUY KCQ-PU KLAC APR $37.50 PUT DEBIT $0.30
NET CREDIT = $0.50 |
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INITIAL "NET- CREDIT TARGET= $0.50 or $50.00
POTENTIAL PROFIT (x 10 CONTRACTS @ $0.50 = $500.00
MARGIN REQUIRE. (x 10 CONTRACTS $2,000.00
RETURN ON INVESTMENT= 25.00%
EXIT STRATEGY = 1. WATCH LIST 2. MAXIMUM LOSS SPREAD PRICE DIFFERENCE $2.50
1. STOCK WILL BE PLACED ON WATCH LIST IF STOCK PRICE DROPS TO $40.00
2. ON SPREADS WITH 2.50 or less difference in STRIKE PRICES the Difference
IN THE STRIKE PRICE WILL BE OUR MAXIMUM EXPOSURE - WE WILL NOT USE STOPS ON THOSE POSITIONS. THEY WILL GO ON THE WATCH LIST AND BE FOLLOWED WITH INSTRUCTIONS AS TO HOW TO PROCEED OR/WHAT EXIT POINT NEEDS TO BE ESTABLISHED
Orders to purchase or sell securities through your account with optionsXpress, Inc., an independent registered broker-dealer ("optionsXpress"), shall be accepted and executed solely by optionsXpress, subject to the terms and conditions of your individual account agreement with optionsXpress. optionsXpress makes no investment recommendations and does not provide financial, tax or legal advice. All inquiries regarding your optionsXpress account, including any disputes or trading errors, should be directed to optionsXpress. Option Investor, LLC is not a registered broker-dealer and is not in the business of transacting trades. Furthermore, Option Investor, LLC is not a registered investment adviser, does not provide financial, tax or legal advice, and is not recommending that you buy or sell any particular security. optionsXpress has made its services available to you via Option Investor, LLC as a courtesy. optionsXpress and Option Investor, LLC are separate and unrelated entities. optionsXpress is not affiliated with and does not endorse or warrant the products or services of Option Investor, LLC.
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| We are adding the CRDN put credit spread 4-4-08
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Steve Gail 4/4/2008 1:17:03 PM
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We are putting on a slight hedge to our CRDN position by selling a put spread on CRDN. What we will have created is in essence a straddle on the CRDN APRIl 32.5 strike. We will be short on both the put and the call on the CRDN APRIL 32.5 strike when filled
We are recommending the following credit spread on the put side for CRDN.
With the the right broker, there should be no additional margin requirement.
CRDN $34.45
SELL AUE-PV CRDN APR $32.50 PUT CREDIT= $0.55
BUY AUE-PF CRDN APR $30.00 PUT DEBIT $0.25
NET CREDIT = $0.30 |
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INITIAL "NET- CREDIT TARGET= $0.30 or $30.00
POTENTIAL PROFIT (x 10 CONTRACTS @ $0.30 = $300.00
MARGIN REQUIRE. (x 10 CONTRACTS $2,200.00
RETURN ON INVESTMENT= 21.95%
EXIT STRATEGY = 1. WATCH LIST 2. MAXIMUM LOSS SPREAD PRICE DIFFERENCE $2.50
1. STOCK WILL BE PLACED ON WATCH LIST IF STOCK PRICE DROPS TO: $32.50
2. ON SPREADS WITH 2.50 or less difference in STRIKE PRICES the Difference
IN THE STRIKE PRICE WILL BE OUR MAXIMUM EXPOSURE - WE WILL NOT USE STOPS ON THOSE POSITIONS. THEY WILL GO ON THE WATCH LIST AND BE FOLLOWED WITH INSTRUCTIONS AS TO HOW TO PROCEED OR/WHAT EXIT POINT NEEDS TO BE ESTABLISHED
Orders to purchase or sell securities through your account with optionsXpress, Inc., an independent registered broker-dealer ("optionsXpress"), shall be accepted and executed solely by optionsXpress, subject to the terms and conditions of your individual account agreement with optionsXpress. optionsXpress makes no investment recommendations and does not provide financial, tax or legal advice. All inquiries regarding your optionsXpress account, including any disputes or trading errors, should be directed to optionsXpress. Option Investor, LLC is not a registered broker-dealer and is not in the business of transacting trades. Furthermore, Option Investor, LLC is not a registered investment adviser, does not provide financial, tax or legal advice, and is not recommending that you buy or sell any particular security. optionsXpress has made its services available to you via Option Investor, LLC as a courtesy. optionsXpress and Option Investor, LLC are separate and unrelated entities. optionsXpress is not affiliated with and does not endorse or warrant the products or services of Option Investor, LLC.
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| MCM APRIL 2008 WATCH list 4-03-08
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Steve Gail 4/3/2008 5:39:05 PM
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| MCM APRIL 2008 WATCH list 34-02-08
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Steve Gail 4/2/2008 6:30:56 PM
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| MCM APRIL 2008 OPEN & CLOSED Positions 4-1-08
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Steve Gail 4/1/2008 7:02:36 PM
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