sold -3 January 2016 $194 puts for $2.95
Why did I place this trade?
- stochastics in oversold condition
- 70% probability of success
Tuesday 12/15/2015 (11:03:43 am, PT)
buy back all 3 puts for $1.55
Why did I close my trade?
- take profits!
- FOMC meeting on 12/16/2015
GROSS PROFIT: $420 (in 3 trading days!!)
Success!
Earn some extra income by SELLING PUT OPTIONS.
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