-1 February 2015 $98 put at $2.02
Why did I place this trade?
- stochastics in "oversold" region (see chart)
- "triple bottom" (possible support?) (see chart)
- high implied volatility (= high premiums)
- probability of success = 60%
2/10/2015 (12:29:37 pm, PT)
my "buy to close" limit order filled at $0.05 even though the "mid" was $0.065!
(I guess a market maker decided to take his/her $5.00 before the price dropped further!)
Why did I close my trade?
NET PROFIT: $195.43 (ROC 1.99% in 3.5 weeks)
Success!
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