Follow me on Twitter!

Friday, September 6, 2013

Spiders (SPY) Ratio Put Spread

8/23/2013

buy to open 1 Sept. 2013 week 1 $166 put option
sell to open 2 Sept. 2013 week 1 $165 put options
net credit:  $0.70 x 1 x 100 =  $70.00 (received)


9/6/2013 (expiration)

SPY closed at $166.04!!!!  Wow!


Net profit:  $70.00 (in 2 weeks)

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

A ratio put spread, such as this one, has the highest probability of success.

Learn to trade options.

I provide customized, one-on-one training via live video-conference so you can start anytime and learn at your own pace.

www.moneyandlilia.com
moneyandlilia888@gmail.com