sold -1 Aug 2016 $72 put at $0.99
credit received: $99
Why did I place this trade?
- stochastics near the middle but dropping
- down day
- earnings announcement on 8/18 (before market open)
- 4 days 'til expiration (DTE)
Thur. 8/18/2016 (6:30:15 am, PT)
my preset closing order at $0.05 filled at the Opening Bell (earnings were released at 4 am, PT)
PROFIT: $94 (in 3 days)
SUCCESS!
