sold to open 2 January 2015 $186 puts at $1.15
maintenance required: $5371.60
Why did I place this trade?
- oversold region of stochastics (see chart)
- touching 50 EMA (possible support)
1/8/2015 (9:48:55 am, PT)
bought back both puts at $0.04
Why? TO TAKE PROFITS!
TOTAL NET PROFIT: $212.44 (ROC 3.95% in 4 weeks)
Success!
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