buy to open 6 Jan 2014 $107 put options at $1.73
sell to open 12 Jan 2014 $106 put options at $1.44
Facts:
- breakeven price: $103.85
- max credit: $690
- max potential profit: $1290
1/17/2014 (expiration)
IWM closed at $115.93, so all options expired perfectly!
NET PROFIT: $669.02 (one month)
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Learn to trade OPTIONS!
For online, one-on-one training, contact Lilia at moneyandlilia888@gmail.com.
www.moneyandlilia.com
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