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Thursday, March 26, 2015

SPY Put Options

3/24/2015 (9:10:20 am, PT)

buy (to open) 2 May 2015  $207 puts at $2.87 (debit)

Reason for placing this trade:  overbought region of stochastics

3/26/2015 (9:42:05 am, PT)

sell (to close) both puts at $5.08 (credit)

Reason for closing this trade:  TAKE PROFITS

NET PROFIT:  $431.88 (in TWO days)


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