3/6/2012
sell to open 10 April 2012 $65 puts @ $0.31
Credit: $310
(IWM is the Russell 2000 ETF)
Maintenance required: $6706.54 (10.32%)
3/20/2012
buy to close @ $0.05
Net gain after fees: $252.25 (3.76% in two weeks)
Initial investment amount: ZERO!!!!!
This options trader teaches at Lilia's Investing Academy (Albany).
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