sell -4 Oct 19, 2018 $177 puts at $2.07
Why did I place this trade?
- stochastics in oversold region
- down day
- attractive premiums
- delta 31.54
Thu. 9/13/2018 (11:06:29 am, PT) (QQQ up $2.00)
buy back all 4 puts at $1.37
Why did I close this trade?
- I made 33.16% of max profit in one day (ahead of schedule)
- take quick profits
- remove the risk
- free up the capital
PROFIT: $280 (in ONE day)
Learn to SELL put options here!