Follow me on Twitter!

Friday, March 8, 2013

Russell 2000 ETF (IWM) Put Option

2/27/2013

sell to open 4 March 2013  $88 put options at $0.60

reasons for trade:  slow stochastics below 20 + daily candlestick touching 50 EMA (possible support)


3/8/2013

My "buy to close" order at $0.04 filled at 6:30 am today!  I was so thankful the "ask" had reached $0.05 an entire week before expiration!

Total net gain:  $213.85  (9 days)

Initial investment amount:  ZERO!!

---------------------


Learn to trade options at Lilia's Investing Academy.  I offer customized, one-on-one training as well as private group lessons.  Click here for details.
E-mail me today to schedule your free consultation.