4/20/2012
sell to open four May 2012 $495 put options @ $4.70
credit collected: $1880
Notes:
- probability ITM: 15%
- maint. req.: $21,684 (using margin as collateral)
- earnings on 4/24 p.m.
5/18/2012
AAPL closed at $530.38, so my put options expired "worthless."
This means that I got to keep the entire $1880 (i.e., profit is $1880).
Net gain: $1880 (8.67% in four weeks)
Initial investment amount: ZERO!!
-----------
Learn to sell put options like me!
New classes at Lilia's Investing Academy start in July.
Click here for more details.
