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Wednesday, April 11, 2018

SPX short call option

Wed. 4/11/2018 (9:10:19 am, PT)

sell -1 April 11, 2018  2665 call at $4.10

  • FOMC minutes at 11 am (PT)
  • expiration at 1 pm (PT)
  • probability of success:  64%


Wed. 4/11/2018 (10:45:29 am, PT)

buy back call at $1.00

PROFIT:  $310 (in 95 minutes)


Comment:  
SPX closed at 2642.19.  If I had held my call option until expiration, I would have made $410.  However, I'm fine with closing my trade when I did and making $310 in only 95 minutes.

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