bam1960 53 Report post Posted June 27, 2014 I entered IBM calendar 1/2 position 185 Aug./July call @.80 debit seemed cheap and I have a little upward bias but just opened 1/2 position for now. They report earnings July 17th. Any thoughts Kim? Thanks Bret Share this post Link to post Share on other sites
Kim 7,943 Report post Posted June 27, 2014 The call calendar is cheap because there is a dividend between July and August. The put calendar is around 1.60. Share this post Link to post Share on other sites
Kim 7,943 Report post Posted June 27, 2014 It might still be cheap, but definitely not screaming cheap. I think it can should make money if the stock doesn't move more than ~10 points. Share this post Link to post Share on other sites
bam1960 53 Report post Posted June 27, 2014 Thanks for the input but this will help to remind me to look at all aspects of the trades before I jump into them. Also I believe the dividend is @1.10 so it is not so good. Puts were a better buy all things considered. Share this post Link to post Share on other sites
bam1960 53 Report post Posted July 2, 2014 Exited 185 call calendar @.90 for a 12.5% gain will consider maybe entering put calendar next week when it settles down Share this post Link to post Share on other sites
Kim 7,943 Report post Posted July 17, 2014 Bret, did you re-enter it? The stock moved since your post, so depending on timing, I'm curious how well did it hold value. Share this post Link to post Share on other sites
bam1960 53 Report post Posted July 17, 2014 No I didn't re enter I am on vacation but have a few other open trades that I am watching. Don't have good internet service here. Bret Share this post Link to post Share on other sites
