12/11/2013
sell (to open) 2 Jan 2014 $85 puts at $1.49
probability of success: 56%
1/8/2014 (roll)
buy (to close) 2 Jan 2014 $85 puts and
sell (to open) 2 Feb 2014 $85 puts
net credit: $0.80
2/3/2014 (roll)
buy (to close) 2 Feb 2014 $85 puts and
sell (to open) 2 Jun 2014 $85 puts
net credit: $1.30
3/5/2014
buy (to close) 2 Jun 2014 $2.54
TOTAL NET PROFIT: $193.65
Comments: This trade didn't go as planned, so I closed it for a small profit on 3/5/2014 to free up the capital (I went ahead and sold some SPY Apr 2014 puts instead).
-----------------------------------------
Learn to trade options!
See some sample lessons by Lilia at www.youtube.com/user/moneyandlilia
