Follow me on Twitter!

Follow me on Twitter!

Friday, January 29, 2016

Visa Earnings Play

1/28/2016 (12:52:10 pm, PT)

sell -1 Jan 29, 2016 (week 5)  $67.50 put at $1.05

Why did I place this trade?
  • earnings announcement after market close today
  • expected move:  $4.00
  • probability of success:  65%


1/29/2016 (6:39:12 am, PT)

buy back put at $0.04

PROFIT:  $101 (in 1 day)


SUCCESS!
 

It's EARNINGS SEASON!  
SELL PUTS (and/or calls) to take advantage of inflated premiums.
Learn on your own for FREE by watching MY VIDEOS HERE or
PAY for one-on-one training (details HERE).