7/16/2013
SPY was trading between $167 - $168
buy ten August 2013 $171 call options
sell ten August 2013 $170 call options
sell ten August 2013 $165 put options
sell ten August 2013 $164 put options
Credit received: $0.62 ($620)
8/16/2013 (expiration)
SPY closed at $165.83 SUCCESS!
Gross profit: $620
Return on capital: $620/$1000 = 62% in one month!!
(If you put $1000 in a one-month CD, will you receive $690 in interest?)
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Learn to trade OPTIONS!
I offer one-on-one training for people who are serious about making money.
www.moneyandlilia.com
moneyandlilia888@gmail.com
Showing posts with label SPY Aug 2013 iron condor. Show all posts
Showing posts with label SPY Aug 2013 iron condor. Show all posts
Friday, August 16, 2013
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