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Friday, May 18, 2012

Priceline May $595 put option

5/9/2012

sell to open one May 2012 $595 put option @ $2.60

credit collected:  $260

Notes:
  • earnings release at 1:05 pm on 5/9
  • market maker's expected move:  plus or minus $42.058

5/18/2012

buy to close at $0.05

Net gain:  $255 in 8 days

Initial investment amount:  ZERO!!!

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You, too, can make money without spending any money up front.  It's accomplished by SELLING PUT OPTIONS.

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