Vodafone Group Plc Option Trade Blog

Chart courtesy of StockCharts.com
Vodafone Group Plc Option Trade Blog
Title: Trade: Vodafone Group Plc
Stock: Vodafone Group Plc
Symbol: VOD
Option Symbol: VODDD
Reason for Initiation: Downtrending. 2nd red bar (increasing downward momemtum) below 28 days Moving Average.
Action: Sold Put
Details: Put: Strike @35, expiration Apr, Sold @ 1.30 on 23rd Feb 06 and @ 0.80 on 27th Feb 06. Bought @ 1.75 on 3 Mar 06.
Result: -ve
Reason for Closing: Price moves up substantially from low.
Comment: Stop-limit buy to close @ 0.95 did not get initiated. Decision - set stop order instead of stop-limit orders from now on. Also, abandon averaging up for all option trades.
Please Read Disclaimer

|