sell -10 Apr 1, 2016 (wk 1) $123 calls at $0.29
credit received: $290
Why did I place this trade?
- stochastics in overbought region
- 85% probability of success
3/23/2016 (11:58:37 pm, PT)
buy back all 10 calls at $0.12
Why did I place this trade?
- GLD down $2.29
- take profits!
PROFIT: $170 (in ONE day)
SUCCESS!
