sold -2 May 2016 $115 puts at $1.83 (credit)
Why did I place this trade?
- stochastics in oversold region (check out my impeccable timing HERE)
- 60.13% probability of success
Tue. 4/12/2016 (10:21:04 am, PT)
bought back both puts at $0.84 (debit)
Why did I place this trade?
- stochastics in overbought region (check out my impeccable timing HERE)
- take profits
PROFIT: $198 (in 5 trading days)
SUCCESS!