Monday, February 19, 2007
SELL SPX 1480 MAR Call and BUY SPX 1490 MAR Call for 85c credit; and
SELL SPX 1405 MAR Put and BUY SPX 1395 MAR Put for 40c credit
Green zone between 1475 and 1410
A successful $10,000 trade would give you $1,250 credit less commissions
Result: Loss (position stopped out for $2,600 loss) - amber month
Note: Loss arose as a result of Global Crash on 27th February 2007.
SELL SPX 1405 MAR Put and BUY SPX 1395 MAR Put for 40c credit
Green zone between 1475 and 1410
A successful $10,000 trade would give you $1,250 credit less commissions
Result: Loss (position stopped out for $2,600 loss) - amber month
Note: Loss arose as a result of Global Crash on 27th February 2007.
