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Showing posts with label SPX April 11 2018 2665 call. Show all posts
Showing posts with label SPX April 11 2018 2665 call. Show all posts

Wednesday, April 11, 2018

SPX short call option

Wed. 4/11/2018 (9:10:19 am, PT)

sell -1 April 11, 2018  2665 call at $4.10

  • FOMC minutes at 11 am (PT)
  • expiration at 1 pm (PT)
  • probability of success:  64%


Wed. 4/11/2018 (10:45:29 am, PT)

buy back call at $1.00

PROFIT:  $310 (in 95 minutes)


Comment:  
SPX closed at 2642.19.  If I had held my call option until expiration, I would have made $410.  However, I'm fine with closing my trade when I did and making $310 in only 95 minutes.

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