sold -5 December 2015 $190 puts for $1.02
Why did I place this trade?
- stochastics in oversold region
- probability of success = 85%
11/18/2015 (1:10:40 pm, PT)
bought back all 5 puts for $0.51
Why did I close my position?
- I made 50% of the maximum profit in ONE DAY
- take profits!
GROSS PROFIT: $255
SELL put options for income.
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