3/27/2014
sell (to open) 2 May 2014 $51 put options for $1.00
Probability of success: 53%
Reasons for placing the trade: ETF has been "oversold" and is touching "support"
4/23/2014
buy (to close) both puts for $0.19
Reason for closing position: ETF is approaching "overbought" condition
NET PROFIT: $144.88
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Showing posts with label XLI May 2014 $51 puts. Show all posts
Showing posts with label XLI May 2014 $51 puts. Show all posts
Wednesday, April 23, 2014
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