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Tuesday, January 17, 2012

Monster (MNST) March 2012 credit put spread

1/5/2012

buy to open 10 March 2012 $50 put @ $0.20 (3.56% probability)
sell to open 10 March 2012 $75 put @ $1.20 (16.20% probability)

net credit: $1.00


"maintenance" required: $25,000


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1/17/2012

close out spread at 40 cents


I made $549.50 (after fees) in 8 trading days!


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This options trader teaches at LILIA's INVESTING ACADEMY in Albany.

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