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Wednesday, February 11, 2015

Spiders (SPY) Feb Put Options

1/9/2015 (12:50:02 pm, PT)  FP

-3 February 2015 $190 puts at $1.17

Why did I place this trade?

  • Slow stochastics heading back up (see chart)
  • Probability of success = 83%


2/11/2015 (1:00:38 pm, PT)

buy to close all 3 puts at $0.04

NET PROFIT:  $328.63
 



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