8/21/2013
sold (to open) 1 Oct. 2013 $98 put option at $1.71
Probability of success: 67%
10/18/2013 (exp. Friday)
IWM = $110.69
Put option expired perfectly.
Net profit: $160.22
Using margin (free line of credit), the ROI is 15% in 8 weeks.
Question: Are you earning 15% in 8 weeks?
Learn to trade options.
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