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Wednesday, February 18, 2015

Spiders (SPY) Feb Put Options

1/12/2015 (12:59:25 pm, PT)

-1 February 2015 $200 put at $3.49

Why did I place this trade?
  • stochastics in oversold region [see chart]
  • probability of success:  57%

2/18/2015 (12:03:15 pm, PT)

buy to close put at $0.02

NET PROFIT:  $345.43

SELL PUT OPTIONS and GET PAID immediately!
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