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Wednesday, May 16, 2012

Priceline May $560 Put Option

5/9/2012

Sell (to open) 5 May 2012 $560 put options @ $1.10

Notes:
  • earnings on 5/9, 1:05 pm
  • Market Maker's expected move:  plus or minus $42.058
  • Maintenance required:  $28,463.42  (using margin)

5/16/2012

Buy (to close) all 5 put options @ $0.05

Net gain:  $525
Initial investment amount:  ZERO!!!

That's right!  I spent NO money to put on this trade and I made $525 in just 6 trading days!

Yes, folks.... making $$$ really IS that simple, but you must LEARN how to trade options first.

Come to one of my options classes and I'll teach you everything you need to know to become a successful options trader.

Click here for more details.