Our Gap Fade Strategy has signaled a trade for the following: Buy to open (SPYDX) SPY Apr06 128 Calls at $1.30 Andrew Crowder Chief Options Strategist Crowder Investment Research, LLC
April 13, 2006 Trade Alert â Gap Fade Strategy Our Gap Fade Strategy has signaled a trade for the following: Sell to close (SPYDX) SPY Apr06 128 Calls at $1.45 Andrew Crowder Chief Options Strategist Crowder Investment Research, LLC
April 13, 2006 â Gap Fade Trade Summary A trade was signaled in our Gap Fade strategy today. SPY opened at $129.59, down a fractional $.02 from Wednesdayâs low of $129.61. As a result we purchased the SPY Apr06 128 calls (SPYDX) for $1.30 just after the open. We decided to sell our calls early for $1.45, allowing us to lock in profits of 11.5% (not including commissions) on the trade. In our sample portfolio we purchased 10 SPY Apr06 128 calls (SPYDX) for $1.30 just after the open for $1,315 (including commissions). As we mentioned above we sold the 10 SPY Apr06 128 calls (SPYDX) for $1.45, or $1,435 (including commissions), allowing us to lock in profits of $120, or 9.2%. The sample portfolio is currently worth $6,480, up 29.6% since the beginning of 2006. I hope everyone has a wonderful extended weekend! Andrew Crowder
Yesterday this alert came but it never filled from Optionsmart Day Limit Order Open Credit Put Spread Buy to Open QQQQL QQQQ May 38 Put (AT) Sell to Open QQQQO QQQQ May 41 Put Credit 0.50
This came later on yesterday after the first alert NEW ENTRY PRICES Day Limit Order Open Credit Put Spread Buy to Open QQQQL QQQQ May 38 Put (AT) Sell to Open QQQQO QQQQ May 41 Put Credit 0.45
Today (Thursday) Day Limit Order Open Credit Put Spread Buy to Open QQQQK QQQQ May 37 Put (AT) Sell to Open QQQQO QQQQ May 41 Put Credit 0.45
Day Limit Order Open Credit Put Spread Buy to Open QQQPM Apr 39 Put (AT) Sell to Open QQQPP Apr 42 Put Credit 0.40
then this Day Limit Order Open Credit Put Spread Buy to Open QQQPM Apr 39 Put (AT) Sell to Open QQQPP Apr 42 Put Credit 0.40