2/23/2012
Sell to open 10 April 2012 $30 puts at $1.00
probability of expiring ITM: 20%
earnings announcement: 2/29 before Opening Bell
Market Maker expected move: plus or minus $6.02
2/28/2012
Buy to close at $.60
Net gain: $400 in 3 trading days
Initial investment amount: ZERO!!
-------
This options trader teaches at Lilia's Investing Academy in Albany.
To register for upcoming classes via email, please click here .
To register for upcoming classes via email, please click here .