10/24/2012
-20 November 2012 $510 put options at $1.53 (6.18% prob. ITM)
+20 November 2012 $490 put options at $0.96 (4.03% prob. ITM)
Notes:
- earnings on 10/25
- presidential election on 11/6
11/12/2012
AAPL between $546.54 and $547.02
expiration day: 11/16
buy back entire put spread at $0.44
Total net gain: $198.53
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Monday, November 12, 2012
Tuesday, November 6, 2012
Spiders Nov Put Spread (options)
10/11/2012
sell 10 Nov. 2012 $133 put options at $0.42 (10% prob. ITM)
buy 10 Nov. 2012 $123 put options at $0.11 (3.09% prob. ITM)
credit: $0.31
11/6/2012 (Election Day)
close entire put spread at $0.09
Net gain: $179.28 (1.79% return on capital in 3.5 weeks)
--------------------------------------
Learn to trade OPTIONS at Lilia's Investing Academy.
New OPTIONS classes start soon. Click here for details.
sell 10 Nov. 2012 $133 put options at $0.42 (10% prob. ITM)
buy 10 Nov. 2012 $123 put options at $0.11 (3.09% prob. ITM)
credit: $0.31
11/6/2012 (Election Day)
close entire put spread at $0.09
Net gain: $179.28 (1.79% return on capital in 3.5 weeks)
--------------------------------------
Learn to trade OPTIONS at Lilia's Investing Academy.
New OPTIONS classes start soon. Click here for details.
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