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Showing posts with label IWM Mar 2013 88 put. Show all posts
Showing posts with label IWM Mar 2013 88 put. Show all posts

Friday, March 8, 2013

Russell 2000 ETF (IWM) Put Option

2/27/2013

sell to open 4 March 2013  $88 put options at $0.60

reasons for trade:  slow stochastics below 20 + daily candlestick touching 50 EMA (possible support)


3/8/2013

My "buy to close" order at $0.04 filled at 6:30 am today!  I was so thankful the "ask" had reached $0.05 an entire week before expiration!

Total net gain:  $213.85  (9 days)

Initial investment amount:  ZERO!!

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