Follow me on Twitter!

Follow me on Twitter!

Friday, May 24, 2013

Spiders $165 Put Option

5/20/2013 (Monday)

Sell 4 May 24, 2013 $165 put options @ $0.44

Probability of expiring ITM:  27%


5/24/2013 (exp. Friday)

SPY closed at $165.308 (that was close!)

Net gain:  $164.97  (in 5 days)

---------------------

Learn to trade OPTIONS at Lilia's Investing Academy.

I offer options classes only upon request.  E-mail the instructor (me) today for a free consultation.