sell to open 10 Feb 7 2014 $175 puts at $0.28
Reasons for the trade:
- earnings announcement right after closing bell on 2/6
- implied volatility is sky high (i.e., high premiums!)
- probability of success: 96.36%
- expected market maker move: plus or minus $22
2/7/2014 (Fri)
LNKD closed at $209.40 SUCCESS!!
Net profit: $272.25 (in 1 day)
The great thing about SELLING PUT OPTIONS is that I made $$$ even though the stock DROPPED on 2/7!
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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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