ADBE Trade Results

On Monday AM we opened the following trade on ADBE:

We put together a strangle in anticipation of the Tuesday earnings report.  Just thought we would share the good news; we closed the trade today (two day trade) for a net gain of 17%.  If you are a subscriber to the web site you saw everything in real time (click here).

Looking for some profit on CAT

We placed a new trade for CAT at the open of the market today.  For SOS subscribers, it was on the web site last night so you could follow along in real time.  For non-subscribers, we will post the trade later today or tomorrow so you can still learn from the strategy and the adjustments.  http://www.safeoptionstrategies.com/subscribers/member_home.html

DE Call Back Ratio Spread

On Monday we opened a Bear Call spread with a disproportionate amount of long to short calls.  We got a total credit of $0.76 per share.  On the drop in today's price of DE (what we predicted would happen) we can close part the trade now with $0.50 of the total credit.  We are however going to leave half of our long calls open.  We think today is a temporary dip, and the the earnings and guidance announced this morning for DE will get the stock moving back up soon.

Here's what the trade looked like:

Our Net ROI on this trade is just under 12% and it has been open for barely two days.  If the long calls we are leaving in place gain any value at all before we close them, we make even more.  But here this the best news: the remaining long calls are on total autopilot.  We could lose the remaining value on them and it does not change the profit in our trade at all.  It's "SAFE" to call this one a winner!

After a bit of a hiatus we are back and better than ever.  Check out the new website at www.safeoptionstrategies.com and keep coming back for commentary and updates on our latest trades.

AAPL One Week Bull Put Spread

Our trade opened today at a credit of $0.47/share.  We got a credit of $1.17 on the $335 short puts were debited $0.70 on the $330 long puts.  We can get a max ROR of 10.3% at the end of the week with both options expiring worthless.  The move up this morning is encouraging.  We will update later in the day or the week if we see an opportunity to get out with 5-7% ROR in a day or two.