Friday, April 21, 2006

 
SELL SPX 1355 MAY Call and BUY SPX 1365 MAY Call for 55c credit; and

SELL SPX 1270 MAY Put and BUY SPX 1260 MAY Put for 70c credit

Green zone between 1350 and 1275

A successful $10,000 trade would give you $1,250 credit less commissions

Result: Loss (position stopped out for $1,500 loss) - amber month





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