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Tuesday, October 22, 2013

Russell 2000 ETF (IWM) Put Options

9/3/2013
sold 1 Oct. 2013 $97 put option at $1.75
received $175


10/9/2013
bought back 1 Oct. 2013 $97 put option at $0.18
sold to open 3 Nov. 2013 $99 put options at $1.42
received $408


10/22/2013
bought back all 3 Nov. 2013 $99 put options to close the position


TOTAL NET PROFIT:  $541.02 (in approx. 2 months)

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