Friday, 1/4/2019 (Expiration Friday)
Trade 1 (11:25:40 am, PT)
sell (to open) -1 Jan 4, 2019 2545 call option at $1.65 (delta 19.25)
Comment: The markets gapped up right at the opening bell and continued to rise. It had been a pretty strong "up" day, so I kept my trade small by selling only one contract. Selling call options is a semi-bearish strategy.
Trade 2 (12:51:07 pm, PT)
buy back call option at $0.05 (to remove the risk and take profits)
Comment: SPX closed at 2531.94 at 4 pm, ET (up 84.05).
PROFIT: $160 (in 90 minutes)
LEARN TO SELL CALL OPTIONS HERE!
Showing posts with label SPX 1/4/2019 2545 call. Show all posts
Showing posts with label SPX 1/4/2019 2545 call. Show all posts
Friday, January 4, 2019
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