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Showing posts with label SPY May 2016 $213 calls. Show all posts
Showing posts with label SPY May 2016 $213 calls. Show all posts

Thursday, April 21, 2016

Spiders (SPY) Call Options

4/14/2016 (9:44:14 am, PT)

sell -10 May 2016  $213 calls at $0.95

Why did I place this trade?
  • stochastics in overbought region
  • 77% probability of success

4/15/2016 (11:14:15 am, PT)

buy back all 10 puts at $0.71

PROFIT:  $240 (in ONE day!)


SUCCESS!