sold -10 May 20, 2016 $79.50 calls at $0.83
Why did I place this trade?
- stochastics in overbought region
- 60% probability of success
Friday, 5/6/2016 (7:37:01 am, PT)
buy back all 10 calls at $0.50
Why did I place this trade?
- stochastics near oversold region
- I was aiming for a $330 profit
PROFIT: $330 (in 1 week)
SUCCESS!
Note: Walt Disney Company (DIS) is one of the holdings in XLY