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Wednesday, June 6, 2012

Mastercard June $380 Put Option

5/22/2012

sell (open) 2 June 2012 $380 put options @ $3.25

Notes:

- Ben Bernanke speech on 6/7
- earnings on 7/30


6/6/2012  (2 weeks later)

buy (close) both put options @ $0.53  (Bernanke's speech may cause the stock market to drop tomorrow)

Net gain after fees:  $520.93

Initial investment amount:  ZERO!!!!

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