Friday, April 04, 2008

 
SELL the May 2008 SPX 1460 Call option and BUY the May 2008 SPX 1470 Call option for a credit of $1.00.

(Due to market volatility there was no puts placed to eliminate downside risk).

Green zone between 1455 and zero.

A successful $10,000 trade will make $1000.

Result: Win - Green Month





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