Help

pacman > Trade Notes

User Avatar
Brokerage Account
5 Day -3.66%
15 Day -20.60%
1 Month -27.85%
3 Month -0.63%
6 Month -4.24%
1 Year -50.79%
As of: 11/06/09
How is this calculated?

Member since: Nov 07
pacman: Trade Notes

View All pacman's Trade Notes | View All Trade Notes

Trade

Bought to Open V IP at 7.75

pacman posted on 05/12/08 at 04:55 AM (Note posted 13 days after the trade)

Trades | Notes | Blogs

V IP 0.05 0.00 [0.0%]

Trades | Notes | Blogs
Users Bought (30 Days) 10 (100%)
Users Sold (30 Days) 0 (0%)
Market Cap 37.44B
52-Week High 79.75
52-Week Low 41.78
10 Day Volume 7.24M
P/E 25.59
EPS (Trailing 12 Mos.) 3.23
1Day 5Day 1Mo 3Mo 6Mo 1Yr

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. 
Share This! Report

Posted by pacman on 05/12/08 at 04:55 AM

Tag It | 1 user tagged it: V IP, option, buyopen, calendar, spread

Comments

User Avatar
User Avatar TradeKing All Stars

TK All-star

Member since: Feb 08
Trades Not Shared
Trade Notes 0
Blog Posts 305

Age: 30's
TK All-star
Posted May 20, 2008 (06:54AM)

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.

Quote Report
The above content is provided for educational and informational purposes only, does not constitute a recommendation to enter in any of the securities transactions or to engage in any of the investment strategies presented in such content, and does not represent the opinions of TradeKing or its employees. TradeKing provides self-directed investors with discount brokerage services, and does not make recommendations or offer investment advice. You alone are responsible for evaluating the merits and risks associated with the use of our systems, services or products. All investments involve risk, losses may exceed the principal invested, and the past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. Your use of the TradeKing Trader Network is conditioned to your acceptance of all TradeKing Disclosures and of the TradeKing Trader Network Terms of Service. 2007-2009 TradeKing.