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Vodafone Group Plc Option Trade Blog





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.

Option Income Picture: One-Pound Option Income Picture: One-Pound

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