sold -2 March 2016 $199 calls at $1.19
Why did I place this trade?
- stochastics in overbought region
- 78% probability of success
Tuesday, 2/23/2016 (9:19:15 am, PT)
bought back both calls at $0.88
Why did I close my position so soon?
- To take profits
PROFIT: $62
SUCCESS!