sell -10 Apr 1, 2016 (wk 1) $121.50 calls at $0.51
Credit received: $510
Why did I place this trade?
- stochastics in overbought region
- 75% probability of success
3/23/2016 (12:45:14 pm, PT)
buy back all 10 calls at $0.17
Why did I place this trade?
- GLD down $2.61
- take PROFITS!
PROFIT: $340 (in ONE day!)
SUCCESS!