tag:blogger.com,1999:blog-973587304515257848.post8752396295870324902..comments2024-02-11T00:12:56.047-08:00Comments on IN THE MONEY TRADES: New Trade - Short VALE Dec 21 PUTSAnonymoushttp://www.blogger.com/profile/02083421527404780093noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-973587304515257848.post-77364641634278106332011-11-30T13:14:07.632-08:002011-11-30T13:14:07.632-08:00End of month update: Have not done anything with t...End of month update: Have not done anything with this position. Currently showing a profit of $208 with probability of expiring 81%.sandeephttps://www.blogger.com/profile/07426169312219436752noreply@blogger.comtag:blogger.com,1999:blog-973587304515257848.post-18824449498526459962011-11-24T20:24:22.567-08:002011-11-24T20:24:22.567-08:00Nice trade.Nice trade.Anonymoushttps://www.blogger.com/profile/08866703912695506883noreply@blogger.comtag:blogger.com,1999:blog-973587304515257848.post-87715398674662647352011-11-24T07:22:33.313-08:002011-11-24T07:22:33.313-08:00Trade Update: VALE has come down quite a bit since...Trade Update: VALE has come down quite a bit since this position was initiated, stock price now $22.66 down from $24.80 just a week ago. Position currently showing a loss of $1500 and probability of expiring has dropped from 84% to 69%. Still comfortable with the position but will need monitor and possibly adjust if the markets continue to slide.sandeephttps://www.blogger.com/profile/07426169312219436752noreply@blogger.comtag:blogger.com,1999:blog-973587304515257848.post-25151793489761669972011-11-18T15:48:11.881-08:002011-11-18T15:48:11.881-08:00Trade Update: Added to this position today - sold ...Trade Update: Added to this position today - sold 20 puts for $0.30 and 20 more for $0.32 to try to take advantage of yesterday's move down which was still present in this stock this morning. The total position then is short 60 Dec 21 puts - buying power effect as of now is about $18,800 and the goal will be to collect $1680 if these expire worthless. Current probability that they expire worthless is 84%. That works out to about a 9% return on a 1 month trade that has a high probability of success, hopefully it works out.sandeephttps://www.blogger.com/profile/07426169312219436752noreply@blogger.com