sell (to open) 2 April 2015 $194 puts at $1.19 (credit)
Why did I place this trade?
- stochastics in oversold region
- 81% probability of success
4/9/2015 (10:14:09 am, PT)
buy (to close) both puts at $0.03 (debit)
Why did I close my position?
TAKE PROFITS!
NET PROFIT: $222.43
Success!
SELL PUT OPTIONS and GET PAID up front!
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