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Wednesday, August 24, 2016

Whole Foods (WFM) Put Options

Friday, 8/5/2016 (11:05:12 am, PT) RD

sold -1 Sept 2016  $30 put at $0.79

credit received:  $79

Why did I place this trade?
  • stochastics in oversold region
  • 42 days 'til expiration (DTE)
  • 54% probability of success

Wednesday, 8/24/2016 (9:20:08 am, PT)

bought back puts at $0.26

PROFIT:  $53


SUCCESS!