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Tuesday, March 18, 2014

$SPY March Put Options

1/29/2014

sold (to open) 2 March 2014 $171 put options at $2.10

cash received:  $420.00
probability of success:  70%
reasons for placing trade:  SPY was "oversold"


3/18/2014

buy (to close) both put options at $0.02

NET PROFIT:  $404.40  (ROC 6.51% using margin)

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Learn to sell put options.
One-on-one training with Lilia (moneyandlilia888@gmail.com).
Sample videos at www.youtube.com/user/moneyandlilia