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Wednesday, February 24, 2016

Spiders (SPY) Feb Call Options

Thursday, 2/18/2016 (8:33:40 am, PT)

sold (open) -10 Feb 26, 2016 (wk 4)  $197.50 calls at $0.27

Why did I place this trade?
  • stochastics in overbought region


Wednesday, 2/24/2016 (7:09:48 am, PT)

bought back all 10 calls at $0.02

PROFIT:  $250 (in 5 trading days)


SUCCESS!