SeanM 29 Report post Posted July 22, 2015 (edited) I entered a 3 week double calendar using the $56 and $56.5 calls (long August monthly, short July wk5) at $0.75 and $0.73, respectively. Earnings are 7/29 AC Previously, we paid: $0.80–$0.85 per spread for a 2 week calendar in October 2014 (exited for 27% gain) $1.15–$1.20 per spread for a 4 week calendar in February 2015 (broke even) In each instance, stock price was nearly identical to what it is at present. Edited July 22, 2015 by SeanM Share this post Link to post Share on other sites
Kim 8,042 Report post Posted July 23, 2015 Yes, I considered this trade. But we already have too many calendars, and BIDU looked very cheap as well. But I would be interested to see the outcome. Share this post Link to post Share on other sites
bam1960 53 Report post Posted July 24, 2015 Entered 55/52.5 calendars @.73&.75 Share this post Link to post Share on other sites
SeanM 29 Report post Posted July 27, 2015 Exited both legs today @ $0.86 and $0.90. 19% gain before commissions, 14% after. Share this post Link to post Share on other sites
Marau 4 Report post Posted July 27, 2015 Exited both legs today @ $0.86 and $0.90. 19% gain before commissions, 14% after. It is being a nice winner so far. Good call Sean. Share this post Link to post Share on other sites
Yowster 9,849 Report post Posted July 27, 2015 I have the 55 call calendar, in at 0.75, The mid got above 0.95 in the last hour today. I've got a GTC in for 1.00, see how it goes from here. Share this post Link to post Share on other sites
Yowster 9,849 Report post Posted July 28, 2015 I have the 55 call calendar, in at 0.75, The mid got above 0.95 in the last hour today. I've got a GTC in for 1.00, see how it goes from here. Just closed the SCTY 55 call calendar for 0.99. After some of the losing calendars this cycle, nice to get a 32% gain (28% after commissions). Share this post Link to post Share on other sites
bam1960 53 Report post Posted July 28, 2015 Exited 55 @1.00 credit and 52.5 @.92 for 25% gain Share this post Link to post Share on other sites
ivylanthier 1 Report post Posted July 28, 2015 Thanks for the trade, yowster. Out today at 24% gain. Share this post Link to post Share on other sites
SeanM 29 Report post Posted July 28, 2015 Just closed the SCTY 55 call calendar for 0.99. After some of the losing calendars this cycle, nice to get a 32% gain (28% after commissions). Exited 55 @1.00 credit and 52.5 @.92 for 25% gain Nice! After a few of our calendars lost value in the final days, I was certainly a bit too quick to cut the rope on this one. Share this post Link to post Share on other sites
bam1960 53 Report post Posted July 28, 2015 Nice! After a few of our calendars lost value in the final days, I was certainly a bit too quick to cut the rope on this one. Thx for the headsup on the trade! Share this post Link to post Share on other sites
