-1 February 2015 $201 put at $3.10
Why did I place this trade?
- stochastics in oversold region (see chart)
- probability of success: 60%
2/18/2015 (11:42:21 am, PT)
buy to close put at $0.03
Why did I close my position?
- stochastics in overbought region (see chart)
- three days left until expiration (anything can happen)
- TAKE PROFITS!
NET PROFIT: $299.18
SELL PUT OPTIONS and GET PAID immediately!
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