sell -2 June 24, 2016 $127 calls at $1.18
Why did I place this trade?
- stochastics in overbought region
- 80% probability of success
- 43 days 'til expiration (DTE)
5/18/2016 (7:08:49 am, PT)
buy back both calls at $0.60
NET PROFIT: $116
Return on capital: 3.15% in 6 days
SUCCESS!
