sell -3 Sept 2015 $205 puts at $2.37
probability of success: 68%
8/24/2015 (8:51:01 am, PT)
The Dow dropped 1000 points this morning.
roll Sept 2015 $205 puts to Nov 2015 $205 puts
net credit: $1.75
10/23/2015 (12:00:13 pm, PT)
buy back all 3 Nov 2015 $205 puts at $1.98
GROSS PROFIT: $642
Success!
Learn to SELL OPTIONS.
If your trade goes against you, you can make adjustments so you'll be profitable in the end.
If your trade goes against you, you can make adjustments so you'll be profitable in the end.
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