Friday, 3/1/2013
sell to open 2 March week 2 2013 $151 put options @ $0.73
Friday, 3/8/2013 (expiration Friday)
at 6:30 am, my "buy to close" order at $0.01 filled!
Total net gain: $135.41 (one week)
Initial investment amount: ZERO!!
Note: SPY closed at $155.44 at 1:00 pm today, so my short put option would have been fine. However, I do try to be a disciplined trader by actively closing my profitable positions, even on Expiration Friday.
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