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Boston Scientific Group
Option Trade Blog





Boston Scientific Group Option Trade Blog

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Boston Scientific Group Option Trade Blog
Title: Trade: Boston Scientific Group

Stock: Boston Scientific

Symbol: BSX

Option Symbol: BSXTE

Reason for Initiation: Downtrending, down by about 15-20%in 1 year. Below 28 Days Moving Average. Fractal Sell.

Action: Long Put (equivalent to short underlying)

Details: Put: Strike @25, expiration Aug, Sold on 2nd Mar 06. Bought on 8 Mar 06.

Result: Slight +ve

Reason for Closing: Price did not move substantially right after position initiation.

Comment: Still have short call position (another position) remains open. Trade executed before fractal but turn out well. Stock moves down in line with broader market.

Boston Scientific Corporation Option Trade Blog - Short Call initiated on 3 Apr 06

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

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