Thursday, April 30, 2009
SELL the April 2009 SPX 920 Call option and BUY the April 2009 SPX 930 Call option for a credit of $1.10.
(Due to market volatility there was no puts placed to eliminate downside risk).
Green zone between 915 and zero.
A successful $10,000 trade will make $1100.
Result: Win - Green Month
(note we bought this trade back for $0.85 so a $10,000 would have made $850)
(Due to market volatility there was no puts placed to eliminate downside risk).
Green zone between 915 and zero.
A successful $10,000 trade will make $1100.
Result: Win - Green Month
(note we bought this trade back for $0.85 so a $10,000 would have made $850)
# posted by Paul @ 10:48 PM
