pacman > Trade Notes

User Avatar
Brokerage Account
5 Day -17.76%
15 Day -25.00%
1 Month -30.63%
3 Month -39.63%
6 Month -45.88%
As of: 10/11/08

Member since: Nov 07

Bought to Open V IP at 7.75

V IP Loading... []

Users Bought (30 Days) 18 (100%)
Users Sold (30 Days) 0 (0%)
Market Cap Loading...
52-Week High Loading...
52-Week Low Loading...
10 Day Volume Loading...
PE Loading...
EPS (Trailing 12 Mos.) Loading...
Transaction: Bought to Open
Symbol: V IP
Quantity: Not Shared
Price: $7.75
Value: $Not Shared.
Stop Order: No @ $N/A
Target Price: $0.00
This is the other part of my first ever calendar call spread.  I bought this September $80 and sold the May $80.  Rationale?  Beyond being an earnings play, I easily sold nearly half the value of the long call.  If things turn out well at expiration, I will either roll for a credit, or sell again to further reduce my basis on my long call. 

Add to del.icio.us Digg on Digg.com Submit to reddit.com
Bookmark It!

User Avatar
User Avatar TradeKing Staff Member

TK All-star

Member since: Feb 08

Trades Not Shared
Trade Notes 0
Blog Posts 122

Age: 30's
TK All-star

Pacman,

Your trade has been featured in the All-Star Trades blog. Click here to read more!

--Nicole Wachs

TradeKing Staff

All-Star Commentator

 

For a list of previous All-Star Trades, please click here.

Would you like your Trade Note to be chosen? Read more.

 

Options involve risk and are not suitable for all investors.

Please read Characteristics and Risks of Standardized Options.

The content and stock or option symbols on this page are for educational and informational purposes only and should not be considered a recommendation or solicitation to invest in a particular security or type of security. Your use of the TradeKing Community is conditioned to your acceptance of all TradeKing Disclosures and of the TradeKing Community Terms of Service. © 2008 TradeKing.
Testimonials may not be representative of the experience of other clients and are not indicative of future performance or success.