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Wednesday, March 1, 2017

SPX Index Put Options

Fri. 2/24/2017 (9:59:18 am, PT)

sell short -1 April 7, 2017  2260 put at $9.80

Comments:
  • probability of success: 82.30%
  • credit received:  $980


Wed. 3/1/2017 (9:04:14 am, PT)

buy back put at $5.40

PROFIT:  $440


SUCCESS!

Comments:
  • President Donald Trump gave speech to Congress the previous evening