Monday, November 9, 2009

Calendar trades by Ted

This has been a break-out day for calendar trades. Here are my trades today with fill price:

ADBE 36.21 April 36 LC Dec 38 SC 2.55

FCX 83.57 May 85 LC Dec 85 SC 6.85

CAT 60 May 60 LC Dec 65 SC 5.7

WLT 67.46 Mar 65 LC Dec 70 SC 6.9

MEE 34.32 Apr 34 LC Dec 36 SC 3.5

PE for each of these is 25% ROI. Check the charts on these.
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2 comments:

  1. InnovestorNovember 9, 2009 at 11:41 AM

    Ted,

    You are very bullish indeed.

    I am bullish at least for the next 2-3 weeks and thus the trades are OK.

    As for me, I may wait for 1-2 days to see any minor pullback before submitting these trades.

    I am more conservative but I may miss the boat.

    ReplyDelete
  2. InnovestorDecember 21, 2009 at 9:21 AM

    All the trades were closed with 25% ROI except for ADBE and CAT.

    ADBE were closed with a slight profit.

    CAT is currently BE now. The Dec 65 SC expired. So another sold another Jan 60 SC.

    ReplyDelete

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About Me

An engineer by training graduated with B.Sc (hons) and MBA from Strathclyde university in Glasgow, Scotland. Started as an engineer in R&D for 3 years with Philips. Then, worked with DuPont for 13 years. Last job was VP, Marketing for Asia Pacific. Left to start a number of companies in various segments which include a large electronic distribution, a VoIP provider, an internet trading portal in Australia,and an executive training consultancy firm. Have listed companies in NYSE, Australia Stock Exchange, Singapore Stock Exchange Main Board. I was on the Board of Directors for 1 company listed in Thailand, 1 in Singapore and 1 in Australia. Was in the senior management of a company listed in NYSE. Still holding major share positions in the VoIP and Executive training companies. Both are private companies.

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