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Friday, March 7, 2014

$XRT Retail ETF Put Options

1/10/2014 (RD's acct)


sell (to open) 4 Feb 2014 $84 puts
credit: $0.96


2/3/2014 (roll)

buy (to close) 4 Feb 2014 $84 puts and 
sell (to open) 4 June 2014 $84 puts 
Net credit:  $1.44


3/7/2014

buy (to close) 4 June 2014 $84 puts
debit:  $2.00


TOTAL NET PROFIT:  $123.68


Lessons learned:  
  • 2/3 was a very bad time to roll out to June
  • this trade did not go as planned, so I decided to close the position and take my profits

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