Follow me on Twitter!

Follow me on Twitter!

Wednesday, November 18, 2015

Spiders (SPY) Dec Put Options

11/17/2015 (12:21:26 pm, PT)  FP

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


Success!


SELL put options for income.
Learn on your own for FREE by watching my videos HERE or
Pay for one-on-one training (details HERE).